By MarketsFarm
WINNIPEG, July 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
- Canadian manufacturing sales increased by 1.2 per cent in May, hitting C$72.9 billion, according to a report from Statistics Canada. Chemical products and motor vehicles were both up by 4.8 per cent during the month, with machinery posting a 4.2 per cent increase. Total sales in the country were up by 0.2 per cent annually.
- India’s space agency launched a rocket Friday that will attempt to land a spacecraft on the south pole of the moon. The lunar landing, expected around Aug. 23, would mark a first for the country and advance India as a major player in outer space. Only the United States, Russia, and China have landed spacecraft on the moon’s surface, with none ever near the lunar south pole.
Read Also
Canadian Financial Close: Loonie, TSX rise ahead of Labour Day
Glacier FarmMedia — The Canadian dollar ended the week with its highest close in a month. The loonie closed at…
- Workers with the United Parcel Service (UPS) could be set to strike by the end of July. UPS accounts for roughly a quarter of all of the parcels shipped in the United States, with any work stoppage expected to be highly costly to the country’s economy.
