Global markets

By Commodity News Service Canada Nov. 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – One of the world’s premier automakers has issued a major recall. BMW is recalling more than a million vehicles that could be at risk of developing fires under the hood.

By Commodity News Service Canada WINNIPEG, Nov. 3, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy added 35,300 jobs in October but the unemployment rate crept higher, with more young people looking for work, according to Statistics Canada Friday. Full-time positions swelled by

By Commodity News Service Canada WINNIPEG, Nov. 2, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Bank of England has raised its rates for the first time in more than a decade. Its nine rate-setters voted seven to two to increase the benchmark Bank Rate

By Commodity News Service Canada WINNIPEG, November 1 (CNS) – The following is a glance at the news moving markets in Canada and globally. For the first time in nearly three years, oil made gains for four straight months. Oil gained seven per cent in October and Wednesday it rose to its highest price since

By Commodity News Service Canada WINNIPEG, October 31 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy unexpectedly shrank in August. August gross domestic product edged down by 0.1 per cent from July, this is the first month-on-month decline since October, 2016. It was in

By Commodity News Service Canada WINNIPEG, October 30 (CNS) – The following is a glance at the news moving markets in Canada and globally. The amount of carbon dioxide in the earth’s atmosphere grew at a record rate in 2016 according to the United Nations. It grew to a level not seen for millions of

By Commodity News Service Canada WINNIPEG, October 27 (CNS) – The following is a glance at the news moving markets in Canada and globally. Ottawa is expected to review the $1.5 billion takeover of Calgary-based construction company Aecon Group Inc. by China’s CCC International. It is unlikely to have to weather the bumpy and ultimately

By Commodity News Service Canada WINNIPEG, MB, Oct. 27, 2017 (CNS Canada) – The Canadian dollar fell Friday as the price of oil dropped as well. At 8:59 CDT Friday morning the Canadian dollar was at US$0.7744 or C$1.2910 which compares with Thursday’s North American close of US$0.7794 or C$1.2831. Oil prices dropped Friday after

By Commodity News Service Canada Oct. 26 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A major Canadian development company has agreed to be sold to an Asian investment firm. Aecon Group Inc. has helped build some of Canada’s most famous landmarks including the CN

By Commodity News Service Canada Oct. 25 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada has decided not to adjust the country’s key lending rate. Today the BoC announced it was leaving the interest rate at 1%. The central bank raised