Bon Bon Lifestyle Webazine

(All $ figures reported in USD) Read More More: https://ift.tt/2ylcWLO

Air Canada will send home 15,200 unionized employees and 1,300 managers due to the “unpredictable extent and duration” of the COVID-19 pandemic. Read More More: https://ift.tt/2vYGHB9

DARTMOUTH, Nova Scotia — IMV Inc. (the “Company” or “IMV”) (TSX:IMV; NASDAQ:IMV), a clinical-stage biopharmaceutical company pioneering a novel class of immunotherapies, today announced its financial and operational results for the fourth quarter and full year ended December 31, 2019. Read More More: https://ift.tt/2xEvLsM

HOUSTON — As a weekend standoff over oil shipments emerged between Texas pipeline operators and shale producers, a state energy regulator has renewed his controversial call for mandated 10% cuts to address a growing a crude glut. Read More More: https://ift.tt/2JnUkwU

NEW YORK/SAO PAULO — Two of Brazil’s largest fuel distributors said on Monday they are cutting the amount of ethanol they will buy from local suppliers to adjust to a slump in demand amid the coronavirus lockdown in Latin America’s largest economy. Read More More: https://ift.tt/2QZ5a0q

DETROIT — Ford Motor Co said on Monday it will produce 50,000 ventilators over the next 100 days at a plant in Michigan in cooperation with General Electric’s healthcare unit, and can then build 30,000 per month as needed to treat patients afflicted with the coronavirus. Read More More: https://ift.tt/2vWHrXs

Texas shale producers, Pioneer Natural Resources and Parsley Energy, on Monday formally asked Texas regulators to curtail oil production for the first time in nearly 50 years. Read More More: https://ift.tt/3avsDhF

Visa Inc said on Monday its transaction volumes had been hit as the coronavirus pandemic wreaks havoc on consumer spending, leading it to forecast mid-single digit percentage revenue growth for the second quarter. Read More More: https://ift.tt/2X1HkFr

SASKATOON, Saskatchewan — Nutrien Ltd. (Nutrien) (NYSE, TSX: NTR) today announced that it continues to expect solid demand for crop inputs for the coming spring season and that its facilities continue to operate given its business is deemed an essential service by governments. Nutrien also announced that its annual meeting of shareholders will be held […]

Air Canada said on Monday it will cut second quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers as the coronavirus pandemic takes a toll on global travel and aviation. Read More More: https://ift.tt/39v7iDu

WASHINGTON — The Trump administration plans to announce on Tuesday it is finalizing its effort to roll back Obama era vehicle emissions rules and will mandate average annual increases in fuel efficiency standards of 1.5% through 2026, three people briefed on the matter said. Read More More: https://ift.tt/2WWIJgu

DETROIT — Ford Motor Co said on Monday it will produce 50,000 ventilators over the next 100 days at a plant in Michigan in cooperation with General Electric’s healthcare unit, and can then build 30,000 per month as needed to treat patients afflicted with the coronavirus. Read More More: https://ift.tt/3bDlsnC

CHICAGO — U.S. corn futures fell more than 1% on Monday on slowing grain demand from ethanol makers, as tightening coronavirus pandemic travel restrictions limited demand for the biofuel. Read More More: https://ift.tt/2w4ipWC

NEW YORK — U.S. stocks rose on Monday, led in part by healthcare stocks as investors looked for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the coronavirus. Read More More: https://ift.tt/3avT4nq

MILAN — Fiat Chrysler top executives will temporarily cut their salaries to preserve the automaker’s financial soundness during the coronavirus emergency, Chief Executive Mike Manley told employees on Monday. Read More More: https://ift.tt/2UOz8pe

U.S. natural gas futures edged up on Read More More: https://ift.tt/2QVcES4

NEW YORK — Global equity benchmarks rose on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United States tried to contain damage from the rapidly spreading coronavirus that has upended the global economy. Read More More: https://ift.tt/2UNmA1h

Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s biggest state pension investors, said https://ift.tt/2QUoxIg on Monday it would create a C$4 billion fund to support companies in Québec adversely affected by the coronavirus pandemic. Read More More: https://ift.tt/3awPJUX

MEXICO CITY — Mexican financial authorities said on Monday they will activate a swap mechanism established with the U.S. Federal Reserve to support liquidity in the market as the peso currency suffered another day of sharp reverses against the dollar. Read More More: https://ift.tt/33WPKPx

U.S. stocks extended gains as investors saw glimmers of optimism in efforts to deliver rapid testing for the new coronavirus. The dollar rose. Read More More: https://ift.tt/2UOUtyz

American Express Co will avoid job cuts in 2020 as the credit card issuer “rides out the storm” brought on by the coronavirus pandemic, Chief Executive Officer Steve Squeri said in a video https://ift.tt/3ax7zXU message to employees on LinkedIn. Read More More: https://ift.tt/2wRo0Qe

TORONTO — The Canadian dollar weakened Read More More: https://ift.tt/2WQPMHr

WINNIPEG — ICE Futures Canada closing prices: Read More More: https://ift.tt/2QXNOB5

NEW YORK — The dollar advanced on Monday, snapping a week of declines, as Read More More: https://ift.tt/3bG506j

(Bloomberg) — One month ago, nobody responded to Nicki Murray’s help-wanted ad for truckers to unload goods at Alberta’s feedlots. Now, she’s getting half a dozen responses a week. Read More More: https://ift.tt/3bEdxXm

Oil major BP PLC will not cut jobs over the next three months, Chief Executive Officer Bernard Looney said, even as the company seeks to reduce spending following an oil price crash. Read More More: https://ift.tt/2wQswOZ

BOSTON — U.S. Treasury yields were Read More More: https://ift.tt/33YPYWl

The partnership looked promising. Read More More: https://ift.tt/2QTkCv6

(Bloomberg) — So much for sugar demand being insulated from the pandemic. A gauge that tracks returns for that market plus cotton and coffee — the so-called soft commodities — is on pace for its worst quarter since 1986. Read More More: https://ift.tt/2UuKzUb