Global markets

WINNIPEG, Nov. 24 – The following is a glance at the news moving markets in Canada and globally.   China reported record new COVID-19 cases, with the 31,527 official cases from Wednesday the highest level since the pandemic began. The country has a strict zero-COVID policy, with the latest outbreak leading to lockdowns and mass

By MarketsFarm WINNIPEG, Nov. 23 – The following is a glance at the news moving markets in Canada and globally.   Hundreds of workers at the Foxconn iPhone plant in Zhengzhou, China, were protesting Wednesday over a delay in bonus payments and frustration over harsh COVID-19 restrictions, with reports of smashed windows and surveillance cameras.

By MarketsFarm   WINNIPEG, Nov. 22 – The following is a glance at the news moving markets in Canada and globally.   Canadian retail sales were down by 0.5 per cent in September, coming in at C$61.1 billion, according to a report from Statistics Canada. Sales were down in seven of 11 subsectors with the

By MarketsFarm   WINNIPEG, Nov. 21 – The following is a glance at the news moving markets in Canada and globally.   Rising COVID-19 cases in China are leading to renewed lockdown measures, including school and business closures in Beijing. Tighter rules for entering the capital city were also reported.   NASA’s Artemis Orion capsule

By MarketsFarm   WINNIPEG, Nov. 18 – The following is a glance at the news moving markets in Canada and globally.   Hundreds of Twitter employees were reportedly walking off the job after an ultimatum from new owner Elon Musk calling for workers to work “long hours at high intensity” or leave the company. Twitter

WINNIPEG, Nov. 17 – The following is a glance at the news moving markets in Canada and globally.   The deal allowing Ukrainian gain exports to move through the Black Sea has been extended, according to reports from the United Nations. In a statement, UN Secretary General António Guterres said, “I welcome the agreement by

WINNIPEG, Nov. 16 – The following is a glance at the news moving markets in Canada and globally.   There was no evidence of a deliberate attack by Russia after a missile strayed across the Ukraine border into NATO-member Poland, killing two people on Tuesday, according to NATO officials. The missile that landed on the

By MarketsFarm WINNIPEG, Nov. 15 – The following is a glance at the news moving markets in Canada and globally. – Canadian manufacturing sales held steady at C$70.4 billion in September, after posting declines the previous four months, according to a report from Statistics Canada. Meanwhile, the country’s wholesale sales were up by 0.1 per

By MarketsFarm WINNIPEG, Nov. 14 – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden met with China’s Xi Jinping on Monday for their first in-person talks since Biden became president. The meeting lasted a little over three hours covering a wide range of

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Labor Department reported today that the annualized U.S. inflation rate was 7.7 per cent in October, down from 8.2 per cent in September and down from analysts’ expectations of 7.9 per cent. The rate is