TC Energy moves forward with Keystone XL pipeline after Alberta commits $1.1 bln, shares rise

TORONTO — TC Energy Corp on Tuesday said it would start construction on the $8 billion Keystone XL pipeline after securing financial backing for the project from the Alberta government, pushing the long-delayed pipeline closer to fruition. Read More More: https://ift.tt/2WT0wVI

Small Canadian banks chase deposits to secure funding for troubled times

TORONTO — Canada’s small financial institutions are waging a war for deposits, offering customers higher interest rates as they try to shore up funding, despite a drop in official interest rates to a decade-low. While Canada’s biggest banks have a variety of funding sources including wholesale markets, smaller players are more dependant on sticky customer […]

Third-Party Social Media Stories – Snapchat Launched a New Compatibility Feature Named App Stories (TrendHunter.com)

(TrendHunter.com) Snapchat is adding a new feature named App Stories, which lets users post content from other apps to their stories. App Stories was initially showcased approximately a year ago, where it was… More: https://ift.tt/2JsmGpJ

Trump administration completes rollback of Obama era fuel efficiency rules

WASHINGTON — President Donald Trump’s administration on Tuesday completed a rollback of vehicle emissions standards adopted under his predecessor Barack Obama and will require 1.5% annual increases in efficiency through 2026 – far less stringent than the discarded rules. Read More More: https://ift.tt/3dIWkh9

Adam Ingrao Appointed as Chief Executive Officer to Microcel

NEWMARKET, Ontario — Microcel, a leader in the distribution of global technology brands across Canada, announced today it has appointed Adam Ingrao to the role of president and CEO. Ingrao assumed the day-to-day leadership of Microcel effective March 30, 2020. Rick Henry, Microcel’s founder, president and CEO, is retiring at the end of March. Ingrao […]

American Airlines to retire more jets, including vintage 737s, in coronavirus downturn

CHICAGO — American Airlines Group Inc is set to sharply increase the number of jets it is planning to retire beyond its announced plans as it accelerates a fleet transformation to respond to the coronavirus crisis, people familiar with the matter said. Read More More: https://ift.tt/2xBJSzm

Meet the Champion of Man Repeller’s 2020 Sweatshirt Bracket

In this era of March Sadness, we’ve been fielding a lot of requests for a sweatshirt bracket, and who am I to withhold such a thing from our readership? Coming off the heels of this winter’s (suspenseful, remarkable, transcendent) Fleece Bracket, I felt ready to unleash the voting methods I’d beta-tested with my Close Friends […]

Global banking systems may need recapitalization, restructuring following slowdown – IMF

WASHINGTON — Some countries’ banking systems might have to be recapitalized or even restructured if their economies are severely damaged by prolonged disruption from the coronavirus outbreak, officials at the International Monetary Fund said on Tuesday. Read More More: https://ift.tt/3dSEpVw

Imperial Oil cuts 2020 spending by 30%, to delay turnarounds amid demand hit

Canadian oil and gas producer Imperial Oil Ltd. said on Tuesday it would cut its full-year capital spending by 30 per cent or $500 million (US$351 million) and will delay maintenance work at its Syncrude oilsands facility to cushion the impact from lower fuel demand amid the coronavirus pandemic. Read More More: https://ift.tt/2UuBmuY

SOL Global Provides Corporate Update on One Plant Florida Operations, Verano Decision to Terminate Harvest Business Combination

TORONTO — SOL Global Investments Corp. (“SOL Global” or the “Company“) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) today provides an operational and corporate update regarding the Company’s investment portfolio and assets. Read More More: https://ift.tt/340fjQ3

REPEAT/Halo Announces Extension of the North Hollywood Dispensary Acquisition Closing Date and Favorable Los Angeles DCR Licensing Process Audit Report

TORONTO — Halo Labs Inc. (“Halo” or the “Company“) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced that, due to delays caused by the COVID-19 pandemic, the “Drop Dead Date” associated with the closings of the planned acquisitions related to the North Hollywood dispensary have been extended to May 31, 2020 from the original date […]

 Covalon Announces New Breakthrough Antimicrobial Technology Formulated to Kill The COVID-19 Virus

MISSISSAUGA, Ontario — Covalon Technologies Ltd. (the “Company” or “Covalon”) (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, announces today its new breakthrough antimicrobial technology formulated to kill the COVID-19 virus (or “SARS-CoV-2”) and other viruses, bacteria, and pathogens. Read More More: https://ift.tt/2QXZDaE

Brazil’s Bolsonaro urges no more coronavirus quarantine, says jobs being lost

BRASILIA/RIO DE JANEIRO — Brazil’s President Jair Bolsonaro said on Monday that there can be no more quarantine measures imposed on the country than those already in place to combat coronavirus because jobs are being destroyed and the poor are suffering disproportionately. Read More More: https://ift.tt/3aIn6EJ

Hong Kong dollar bank deposits fall the most since height of protests as coronavirus outbreak sparks outflow of funds

https://ift.tt/eA8V8J Hong Kong dollar bank deposits dropped 0.5 per cent in February, the most significant decline in six months as the coronavirus outbreak led to an outflow of funds.But analysts believe the tide is about to turn.Hong Kong dollar deposits are a crucial indicator of money flowing in and out of the city. They fell […]

Le Chocolatier Ivoirien: chocolate bars from Africa, handcrafted by an ex-banker

https://ift.tt/eA8V8J What did you do before becoming a chocolatier? “In university I studied international public law and I have a master’s in taxation. My parents wanted me to work in a bank, so I did. But I found it boring. In my work I met entrepreneurs who seemed very joyful compared to us bankers.“I also […]

Commercial rent delays could turn into abatements if crisis drags on, industry watchers say

Owners of commercial real estate in Canada are delaying rent collection and may be forced to consider rent cuts as tenants ranging from restaurants to retail stores deal with prolonged business shutdowns aimed at slowing the spread of the coronavirus pandemic. Read More More: https://ift.tt/2Ut5czQ

Careful, crises are an ideal time for the state to grab powers — we’re already seeing it in Canada

It has been 800 years since the Magna Carta. Governments everywhere now aspire to tear down the concept that it helped establish: the rule of law. In Ottawa last week, where Parliament passed emergency legislation giving the finance minister extraordinary powers to spend and borrow without legislative oversight, the justification was COVID-19. But make no […]

Pinduoduo raises US$1.1 billion in private placement to fund new services such as live-streaming

https://ift.tt/eA8V8J Chinese e-commerce platform Pinduoduo has raised US$1.1 billion in a private share placement that could fund its expansion despite current market volatility, the company announced on Tuesday.The transaction for the newly issued Class A ordinary shares, which represent about 2.8 per cent of the company’s total outstanding shares, is expected to be closed with […]

Luxe Colorful Monogram Outerwear – Louis Vuitton’s Multicolor Monogram Windbreaker Has a High Collar (TrendHunter.com)

(TrendHunter.com) Luxury fashion house Louis Vuitton prepares for the rain that comes with the Spring season with the latest launch of the Multicolor Monogram windbreaker. It was originally showcased as a part of the… More: https://ift.tt/3axbHr8

As coronavirus outbreak, containment measures weigh on sector, Hong Kong home prices record biggest drop in 15 months

https://ift.tt/eA8V8J Hong Kong home prices recorded their steepest drop in 15 months in February, and are expected to decline by up to 20 per cent from a peak in June 2019 by year-end amid the coronavirus pandemic.An index of used home prices dropped 2.1 per cent last month, according to the city’s Rating and Valuation […]

Chocolate bars from Africa, handcrafted by ex-banker who could not accept that world’s main grower of cocoa beans had no local chocolate brand

https://ift.tt/eA8V8J What did you do before becoming a chocolatier? “In university I studied international public law and I have a master’s in taxation. My parents wanted me to work in a bank, so I did. But I found it boring. In my work I met entrepreneurs who seemed very joyful compared to us bankers.“I also […]