Global Markets: Amazon workers walk off the job

By Commodity News Service Canada

WINNIPEG, Nov. 24 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.

– Amazon received an unexpected jolt on Black Friday. Employees at six of its distribution centres in Germany and one in Italy quit working to demand better wages. A total of 2,500 workers waived signs and called on the online giant to create a better workplace. Amazon says the demonstrations won’t affect its business as the overwhelming majority of its workers stayed on the job.

– Global stock markets rose for the most part on Friday, taking strength from better-than-expected European economic data. Shares in China steadied themselves after falling on Thursday. Volumes were light due to the U.S. Thanksgiving holiday.

– Tesla has created the world’s largest battery. The new unit can store 100 megawatts and was designed to assist a wind farm in South Australia. The battery will store excess power created by the turbines to be used when needed.

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