Covid-19 Daily News Updates – Download January 4, 2021
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.
Federal News
- Canadian consumers entering 2021 are riding a wave of optimism that the worst is over. The Nation’s households reported a surge in confidence in the final week of 2020, that has brought the sentiment back to pre-pandemic levels for the first time since economy crashed last year.
Source - Brookfield Asset Management Inc. and a group of investors offered to acquire a stake in Brookfield Property Partners that they don’t already own, in a US$5.9billion deal to take the real estate company to become private.
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Provincial News
- Montreal’s Ville-Marie and Viger tunnel will undergo a massive 10-year overhaul, with an estimated cost of $2 billion, 45 years after its inception. The tunnel was built to connect two major highways, the Decarie Expressway and the Louis-Hippolyte-Lafontaine Bridge-tunnel.
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- Quebec has decided to delay the second dose of the Pfizer COVID-19 vaccine in an effort to inoculate as many people as possible with a first dose, which is causing concerns for health care workers on the front lines. As of December 31, Quebec has vaccinated 29,250 people.
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USA News
- Stocks making the biggest moves in premarket: Magellan Health agrees to be acquired by Centene for $95 per share in cash or $2.2billion. Tesla shares up 2.3%, after delivering a record 499,550 vehicles in 2020 and Verizon strikes a new distribution deal with Hearst Television.
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- MGM resorts international are attempting to buy the owner of British gambling brand Ladbrokes, Entain, for $11.1billion. However, Entain believes the offer, which represents a premium of 22% over its closing December 31 price, “significantly undervalues” the company’s shares and prospects.
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International News
- Monday, the first trading day of the new year and world stock markets reached record highs, on the hopes that vaccine rollouts would lift the global economy hit by the pandemic. The Chinese yuan surged 1% against the dollar, and MSCI’s world index hit record high, up 0.6%.
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- Shares in China’s three biggest telecoms companies fell as much as 5% in Hong Kong today, the first trading day since the NYSE said it would delist the firms. The concerned companies are: China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd.
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