Global Markets: Obamacare ‘skinny repeal’ rejected

By Commodity News Service Canada WINNIPEG, July 28, CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The latest attempt at dismantling the US Affordable Care Act (Obamacare) failed Friday morning, as three Republican Senators joined the Democrats in voting 49 to 51 to reject the

Global Markets: Samsung to unseat rival Apple

By Commodity News Service Canada July 27 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Samsung is expected to report earnings of US$54.8 billion in revenue and US$12.6 billion in profit for the second quarter, ending June 30. It would set the world’s No. 1


Global Markets: Trump tweets; hacker faces extradition

By Commodity News Service Canada July 25 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump continued to lash out as his Attorney General Jeff Sessions today for what he sees as inaction on prosecuting former U.S. presidential candidate Hillary Clinton’s

Global Markets: OPEC meets in Russia

By Commodity News Service Canada WINNIPEG, July 24, CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – OPEC and other large oil producing non-OPEC members met in St. Petersburg, Russia today to discuss cuts to production. Saudi Arabia promised to cap oil exports at 6.6 million


Global Markets: Crude oil under pressure

By Commodity News Service Canada WINNIPEG, July 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Rogers Communications is reporting a significant gain. The company added 93,000 new wireless contracts in the second-quarter, which surpassed expectations. The company also recorded a 35 per cent increase



Global Markets: New government takes reins in B.C.

By Commodity News Service Canada WINNIPEG, July 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Stronger security measures on flights entering the United States begin today. Air Canada and WestJet are advising passengers to the U.S. to arrive two hours before their flights. The

Global Markets: U.S. releases NAFTA wishlist

By Commodity News Service Canada July 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The United States has released a summary of its objectives for renegotiations of the North America Free Trade Agreement. Among other things, it states it wants to reduce the trade


Global markets: China boosts steel, aluminium production

By Commodity News Service Canada WINNIPEG, July 17 – The following is a glance at the news moving markets globally. – China produced record amounts of steel and aluminum in June, according to reports out of the country on Monday. Analysts are concerned that those commodities could flood the international market. – Foreign investment in

Global markets: US consumer prices steady

By Commodity News Service Canada WINNIPEG, July 14 – The following is a glance at the news moving markets globally. – Consumer prices in the US held steady in June, according to reports out of the country on Friday, in the same time frame retail sales dropped, for the second month in a row. Market