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Global Markets: North America could face a recession

WINNIPEG, June 18, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Fears of a trade war between the United States and China sent stock markets around the world down. The Dow Jones Industrial Average on Wall Street was down more than 200 points, while in Canada […] Read more

Global Markets: U.S. Imposes Tariffs On China

By Commodity News Service Canada WINNIPEG, June 15 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump announced Friday that tariffs on US$50 billion worth of Chinese imports would now be imposed. China has vowed to retaliate, and with the U.S. […] Read more


Global Markets: Italy won’t ratify CETA deal with Canada

By Commodity News Service Canada WINNIPEG, June 14 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union is facing a challenge from Italy, which says it will not ratify the deal without more […] Read more

Global Markets: Canada/U.S./Mexico to co-host 2026 World Cup

By Commodity News Service Canada WINNIPEG, June 13 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada, the United States and Mexico won their joint bid to host the 2026 FIFA World Cup. Canada has never hosted the World Cup before, while the U.S. last […] Read more


Global Markets: U.S./North Korea Sign Symbolic Agreement

By Commodity News Service Canada WINNIPEG, June 12 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – U.S. President Donald Trump and North Korean President Kim Jong Un signed a symbolic agreement at their summit in Singapore. The deal includes security guarantees from the U.S. and […] Read more

Global Markets: U.S./North Korea Summit This Week

By Commodity News Service Canada WINNIPEG, June 11 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – International markets will be following news out of Singapore closely this week, as U.S. President Donald Trump is there to meet with North Korean President Kim Jong Un to […] Read more


Global Markets: Verizon appoints new CEO

By Dave Sims, Commodity News Service Canada WINNIPEG, June 8 (CNS) – Apple will scale back the number of smartphones it makes each year. The move is being made in response to weakening demand for the company’s iPhone. Apple says it plans to ship 20 per cent fewer iPhones this year than last year. Telecommunications […] Read more

SNC-Lavalin awarded C$1.9 billion contract

By Dave Sims, Commodity News Service Canada WINNIPEG, June 7 (CNS) – A Canadian company has been selected to design and build a chemical plant in Oman to the tune of C$1.9 billion. Montreal-based SNC-Lavalin Group Inc. is an engineering and construction company that does business in North America and throughout the world. According to […] Read more


Global Markets: Air Canada gets Chinese partner

By Dave Sims, Commodity News Service Canada WINNIPEG, June 6 (CNS) – Air Canada is expanding its presence in China. The company is formally entering into a partnership with Air China. Air Canada said the move would help the two airlines better coordinate connecting flights in the two countries. The venture is expected to be […] Read more

Global Markets: Hudson’s Bay to shutter more stores

By Dave Sims, Commodity News Service Canada WINNIPEG, June 5 (CNS) – One of Canada’s biggest retailers will close 10 of its stores as the company grapples with fiscal challenges. Hudson’s Bay Company said Tuesday it will shutter 10 Lord & Taylor stores after it posted a C$400 million loss in its most recent quarter. […] Read more