Covid-19 Daily News Updates – Download August 14, 2020
Covid-19 Daily News Updates brought to you by Skyline Entourage to support businesses during the Covid-19 pandemic. We know as business owners and marketers that working from home cam be hectic. This is meant to serve as another resource you can rely on from our team to help support you.
For your convenience we’ve prepared a downloadable PDF of Covid-19 Daily News Updates and headlines. You can download your copy that you can share with your team here. Click Here to Download a PDF version.
- As the Canadian economy keeps adapting to the pandemic reality, an increasing number of restaurants could soon do away with a service industry staple: tipping. The aim is to make the industry more equitable and gives workers access to a social safety net. Many are implementing a “hospitality” fee.
- Statistics Canada reports manufacturing sales climbed to 20.7% in June to $48.7 billion as production returned following mass shutdowns. This increase was led by the motor vehicle and vehicle parts industry. Sales in transportation equipment more than doubled to $8.8 billion.
- McGill and Concordia university have announced that there will not be campus services this fall but both universities will charge students for them. Students will work from home, classrooms and libraries will be closed but mandatory student fees will still be charged.
- Awaiting outcome of discussions at the Montreal port, where the union for longshoremen started an indefinite general strike on Monday. Companies used to cross-border trade to source and sell products are crossing their fingers tighter in hopes the conflict is resolved quickly.
- Two federal reserve officials are saying that the U.S.’s eagerness to reopen the economy too quickly has backfired and undermined the nation’s recovery. Inconsistent efforts to contain the virus will prolong economic downturns. Worries grow that temporary layoffs will turn to permanent losses.
- Americans increased retail purchases by 1.2% in July; important gains in appliances and clothing, restoring sales to pre-pandemic levels. Economists still predict a potential drop in spending and a weakening of economic growth as much of the spending was due to government relief benefits.
- As France’s prime minister acknowledges that infection cases are surging, the UK is imposing a 14-day quarantine on France as of Saturday. News leaves holidaymakers scrambling to return home. The measures also apply to arrivals from Malta, Monaco, Netherlands, Turks & Caicos, and Aruba.
- Global shares dipped Friday as eurozone data did little to cheer investors already worried. European shares dragged lower by hit to travel stocks as the UK added more countries to its quarantine list. The pan-European STOXX 600 was down 1.2% and MSCI’s world index fell 0.3%.
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