Global Markets: Japan cracks down on cryptocurrencies

By Commodity News Service Canada WINNIPEG, Mar. 8, 2018 – Canadian steelmakers may be able to breathe a sigh of relief after reports surfaced Wednesday night indicating the U.S. would exempt Canada and Mexico from planned tariffs. U.S. President Donald Trump is expected to formalize the plan Thursday afternoon. At this stage it appears the

Global Markets: Trade war concerns heating up

By Commodity News Service Canada WINNIPEG, March 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Concerns over a possible global trade war were at the forefront of the financial markets Wednesday morning, following the exit of White House chief economic advisor Gary Cohn. The


Global Markets: Asian stock markets rise

By Commodity News Service Canada WINNIPEG, Mar. 6, 2018 – Bombardier has signed a deal with a syndicate of underwriters that will generate C$638 million for the company. Bombardier is in the midst of a restructuring plan and recently got into a trade squabble with rival plane-maker Boeing. Under the terms of the agreement, the






Global Markets: Bayer to get EU approval for Monsanto deal

By Commodity News Service Canada WINNIPEG, Feb. 28, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. German-based Bayer is set to win conditional European Union antitrust approval for its US$62.5 billion bid for Monsanto, according to two people familiar with the matter. The takeover would create

Global Markets: Trump to discuss U.S. biofuels policy

By Commodity News Service Canada WINNIPEG, Feb. 27, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump will meet with senators and Cabinet officials today to discuss new ways to lower the cost of the nation’s biofuels policy to oil refiners. The


Global Markets: Weinstein Company to file for bankruptcy

By Commodity News Service Canada WINNIPEG, Feb. 26, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canadian Finance Minister Bill Morneau is expected to unveil a restrained budget on Tuesday, with just enough spending to satisfy middle class voters under pressure from rising rates. The Liberals

Global Markets: Royal Bank reaps strong profit

By Commodity News Service Canada WINNIPEG, Feb. 23, 2018 – General Mills Inc. is getting into the pet food business. The maker of Cheerios is buying Blue Buffalo Pet Products Inc. in a deal worth US$8 billion. Last year Blue Buffalo earned more than US$1 billion in annual sales. Royal Bank of Canada earned a