By Commodity News Service Canada
July 12 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally.
– United States President Donald Trump left Brussels this morning following a contentious NATO summit saying other NATO countries had agreed to increase their defence spending. Trump now heads to the United Kingdom to meet with British Prime Minister Theresa May and Queen Elizabeth II.
– The 12 boys and their soccer coach rescued in a daring operation from flooded caves in Thailand continue to recover from their 18-day ordeal and can now see and wave to relatives from behind isolation glass. Rescued by a cave dive in zero visibility, the boys and coach will remain in isolation for about a week. Three have slight lung infections.
– Tim Hortons coffee and doughnut chain plans to expand into China by opening 1,500 stores during the next decade. The iconic Canadian company has struck a joint venture with Cartesian Capital Group. The terms were not disclosed. Tim Hortons parent company Restaurant Brands International and Cartesian were previously involved in developing Burger King in China.