Global Markets: U.S. House, Senate still up for grabs

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Control over the United States House of Representatives and the Senate is still yet to be determined after Americans took to the polls on Tuesday for midterm elections. The Republicans’ so-called “red wave” many political pollsters anticipated never

Global Markets: U.S. midterm elections take place

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Americans will take to the polls today for midterm elections, in which all 435 seats on the House of Representatives as well as 35 Senate seats and 36 races for state governor will be determined. Projections indicate that


Global Markets: Ford offers to rescind legislation

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford said Monday morning that his government would rescind legislation to make an education workers’ strike illegal if their union would stop their mass walkout. Ontario Education Minister Stephen Lecce introduced Bill 28, or the

Global Markets: Fall statement includes spending measures, cutting deficit

Feds introduce two per cent tax on stock buybacks

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland gave the federal government’s fall economic statement on Thursday, citing a number of measures to be taken. This included a two per cent tax


Global Markets: Fall economic update today

Finance Minister to speak at 3 pm CDT

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland, who also doubles as Deputy Prime Minister, will make the federal government’s fall economic statement on Thursday. Freeland is expected to lay out the

Global Markets: Russia comes back into export deal

Putin demands safe corridors not be used for attacks

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia announced on Wednesday that it will re-enter the Black Sea export agreement that allows Ukraine to ship grain from its war-torn ports. Russia pulled out of the agreement during


Global Markets: Biden threatens windfall tax for big oil

Record profits said to amount to US$300 billion

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden suggested on Monday that large oil companies could face a windfall tax if they fail to invest their profits to reduce fuel costs for consumers.

Global Markets: Russia makes allegations, pulls out of export deal

Resumes missile strikes on power infrastructure

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia went on the accusation offensive on Sunday as the country pulled out of the agreement that allows Ukraine to export grain out of its Black Sea ports. Russian leveled


Global Markets: Musk’s Twitter purchase finalized

By MarketsFarm WINNIPEG, Oct. 28 – The following is a glance at the news moving markets in Canada and globally. – Elon Musk’s US$44 billion acquisition of Twitter was finalized Thursday after months of legal drama that had seen the billionaire look at backing out of the deal at one point. The company’s CEO and

Global Markets: Europe raises interest rates

By MarketsFarm WINNIPEG, Oct. 27 – The following is a glance at the news moving markets in Canada and globally. – The European Union raised its key interest rates by 0.75 percentage points on Thursday in an effort to curb inflation. “Inflation remains far too high and will stay above our target for an extended