Global markets

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Houthi rebels in Yemen attacked another cargo vessel on Tuesday, according to reports. The MSC United VIII was en route from Saudi Arabia to Pakistan when rebel naval forces approached the […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the country’s gross domestic product expanded by 0.1 per cent in November, according to preliminary data. While manufacturing and agricultural sectors grew during the month, retail trade declined. StatCan […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – An advanced estimate from Statistics Canada (StatCan) released on Thursday morning suggested that retail sales were flat in November compared to the month before. Retail sales rose 0.7 per cent in October, slightly below a 0.8 per […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s Environment Minister Steven Guilbeault announced on Tuesday that regulations are being finalized to phase out the sale of combustion engine passenger vehicles by 2035. Automakers will also be mandated to increase the number of electric […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Tuesday morning that Canada’s annual inflation rate was unchanged in November, remaining at 3.1 per cent as it had been in October. However, economists had expected the rate to move below […] Read more

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A Norwegian-owned vessel for British Petroleum (BP) was attacked in the Red Sea on Monday by Houthi rebels in Yemen. The M/V Swan Atlantic was attacked by multiple projectiles which hit the ship’s water tank, but […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Two cargo ships in the Red Sea were struck in separate missile attacks Friday, as Yemen’s Houthi rebels escalate their campaign to prevent ships from navigating to and from Israeli ports. The Iranian-backed […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Tesla has recalled more than two million vehicles, including 193,000 sold in Canada, to address a defect with its autopilot system. The fix will be provided by an over-the-air software update sometime […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Representatives from nearly 200 countries at the COP28 climate summit in Dubai managed to reach a deal Wednesday calling for transitioning away from fossil fuels. The language of the agreement did not […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Ukrainian President Volodymyr Zelenskyy is in Washington, D.C. this week to request aid from lawmakers in the United States amid Ukraine’s ongoing conflict with Russia. Republicans in the U.S. House of Representatives […] Read more