Global Markets: Global wine output hits 60 year low

By Commodity News Service Canada WINNIPEG, April 24, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Saskatchewan government has introduced legislation which would allow the province to control its oil and gas exports, similar to a bill recently tabled in Alberta. Once passed, the law


Global Markets: CPR strike could still happen

By Commodity News Service Canada WINNIPEG, April 23, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. While a rail strike was temporarily averted after the federal labour minister ordered employees of Canadian Pacific Railway Ltd. to vote on the company’s final offer, a strike is still

Global Markets: NAFTA talks underway

By Commodity News Service Canada WINNIPEG, April 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Representatives of Canada, Mexico, and the United States are meeting in Washington, D.C., to work towards a deal on the North American Free Trade Agreement (NAFTA). Analysts expect an


Global Markets: CP Rail workers set to strike

By Commodity News Service Canada WINNIPEG, April 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The union representing 3,000 conductors and engineers has served a 72-hour strike notice to Canadian Pacific Rail. The Teamsters Canada Rail Conference members could strike just after midnight Friday

Global Markets: U.S. bans sales to Chinese telecom ZTE

By Commodity News Service Canada WINNIPEG, April 17 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The United States Commerce Department has imposed a seven-year ban on U.S. companies selling parts and software to Chinese telecommunications company ZTE Corp. The move was seen as escalating


Global Markets: Syrian air strikes

By Commodity News Service Canada WINNIPEG, April 16 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Air strikes were conducted against Syria by the United States, France and Great Britain over the weekend. The strikes were in response to an alleged Syrian chemical weapons attack.

Global Markets: Global stocks on the rise

Global Markets: Global stocks on the rise WINNIPEG, April 13 (CNS) – A recent discovery in Japan has calmed fears the Earth could be running out of rare earth metals. Researchers have discovered an estimated 16 million tonnes of the metals near a Japanese Island. Up to now, China has supplied much of the world


Global Markets: New Zealand halts offshore drilling

WINNIPEG, April 12 (CNS) – One of Canada’s largest telecommunications companies is reporting a sizable second-quarter loss. Shaw Communications Inc. is reporting a loss of C$164 million in the second quarter. The company blames the setback on restructuring costs associated with a voluntary leave program that 3,300 employees have elected to take part in. Bitcoin

Global Markets: Global markets dip amid global tensions

WINNIPEG, MB, April 11 (CNS) – Via Rail is taking steps to refurbish 25 classic train cars. The units date back to the 1950’s and are badly in need of upkeep. Via Rail has contracted Cad Railway Industries to do the work. The long-haul rail-cars will be completely redone to improve customer service. The contract