Covid-19 Daily News Updates – Download December 16, 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.
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- Husky and Cenovus shareholders approve $4.78billion merger deal hence creating Canada’s third largest energy producer. The deal is set to close in first quarter of 2021, after which Cenovus shareholders would own 61% of combined entity and Husky shareholders the rest.
- Statistics Canada reports that its consumer price index in November was up 1.0% contrasted with a year prior. The increase is compared to a year-over-year increase of 0.7% in October and 0.5% in September. Economists predicted year-over-year increase of 0.8% for November.
- The Legault government announces an 18-day lockdown province wide, from December 25th to January 11th. Non-essential businesses are expected to close, and high school students have a week extension on their break. Daycares to remain open but parents urged to keep kids home if possible.
- Caisse de depot et placement du Quebec announces the second phase of Montreal’s forth coming light rail network connecting the outer suburbs with city center. The new expansion to add another 32 kilometers and 23 stations. CDPQ officials say it will take 25-30 minutes to reach city center.
- U.S. carrier Delta is looking to add more quarantine free international flights. Its two current flights, from Atlanta to Amsterdam requires travelers to take multiple COVID tests and are meant for essential travel only. Delta is currently in talks with governments.
- Health and Human Services Secretary Alex Azar says most Americans can expect to get a COVID-19 vaccine as soon as late February. Azar believes the U.S. will have enough supply by then to reach out to the general public for administration.
- World stocks rose again to record highs Wednesday as drug makers roll out COVID-19 vaccines. European markets cheered for the possibility of a BREXIT deal, better-than-expected euro zone PMI economic data and the decision to let euro zone banks start paying dividends again.
- European commission president, Ursula von der Leyen, sees the path to an agreement now with UK over BREXIT. Britain and EU are in the final stretch of talks to keep about 1 trillion of annual trade free of tariffs and quotas past December 31. Her upbeat comments helped budge the sterling upwards.
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