BEFORE THE BELL: Apple keeping markets boosted amid more US-China trade war worries; Molson-Coors moves to cannabis market

Apple is keeping things afloat ahead of the trading day for North American markets.
The company is edging closer to becoming the first trillion dollar business in the world.

But signals of more Chinese-targeted tariffs from the US are keeping investors worried. The Trump administration is reportedly considering hiking Chinese import tariffs from 10 to 25 per cent. The move would spark more retaliation from China.

The TSX may be weighted even further today as oil slides to 67.96 a barrel in the US and RBI International  reported weak store sales in its last quarter, despite beating analysts’ expectations overall.

Meanwhile, Canada’s biggest beer brewer is moving to the cannabis market as Molson Coors partners with HEXO to create non-alcoholic cannabis-infused drinks.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Final school in the territory tested for lead

Lead testing of the water at Chief Albert Wright School in Tulita has shown that one water fixture at the school has elevated lead levels.

Tłı̨cho government and GNWT hold meeting on mutual interests

The Tłı̨cho government and the Government of the Northwest Territories met on August 18 in Yellowknife to discuss areas of mutual interest.

RCMP creating temporary restricted airspace for exercise

The RCMP Federal Policing Northwest Region and RCMP Air Services are warning residents and aviation traffic of a Remotely Piloted Aircraft System operational trial exercise.

Temporary 911 outage planned for several communities

The Government of the Northwest Territories is advising residents of Gamètì, Łutsel K’e and Paulatuk of a telecommunications service disruption.

New fire spotted at Smokey Lake

One new fire has been located in the territory, according to the latest reports by NWT Fire. Warm and dry conditions are expected into the weekend, which may increase fire weather concerns in parts of the NWT.