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Global Markets: Nutella sale brawls break out in France

By Commodity News Service Canada
WINNIPEG, Jan. 26, 2018 (CNS) – The following is a glance at the
news moving markets in Canada and globally.
Brawls broke out in French supermarkets as shoppers
scrambled to get their hands on discounted Nutella. The chaotic
scenes were filmed in several supermarkets across the country
operated by the Intermarche chain, which offered massive
discounts on Nutella. The promotion, launched Thursday, reduced
the price from 4.70 euros (US$5.85) to 1.41 (US$1.75).
The United States International Trade Commission is set to
vote Friday afternoon on if the nearly 300 per cent duties will
be applied to American imports of Bombardier Inc.’s C Series
aircrafts from Canada. Bombardier needs to win support from
three of four commissions since Boeing wins on a tied vote.
Boeing launched the trade case last April, arguing it was unfair
governments in Canada and Britain subsidized the plane’s
development allowing Bombardier to sell it at unfairly low
prices. Many industry observers expect the commissioners will
side with Boeing, due to U.S. President Donald Trump’s
protectionist policies.
Facebook Inc. said in a written statement to U.S. lawmakers
released Thursday and dated Jan. 8 that Russian agents created
129 events on the social media network during the 2016 U.S.
election campaign. Copies of the event pages have surfaced
showing some of them were political rallies centered on divisive
subjects, such as immigration. Russia denies that it tried to
meddle in American democracy.

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