David Rosenberg: Stop Looking To 2008, This Crisis Is More Like 9/11

in #finance5 years ago

Companies grapple with how to handle virus, from delays in sanitizing to insisting staff come in: Vanmala Subramaniam


Management can be reluctant to make drastic changes, but often it's a lack of tech infrastructure to implement work-from-home policies immediately

David Rosenberg: Stop looking to 2008, this crisis is more like 9/11: David Rosenberg


After that shock it took about 18 months for bond yields and equity markets to bottom

Bank of Canada boosts support for credit funding markets again: Bloomberg News


Pledges to broaden the range of securities it's willing to purchase and 'stands ready' to buy mortgage bonds if needed

Tim Hortons to close dining rooms, will only provide take-out, drive-thru and delivery: Jake Edmiston


Changes start Tuesday and stay in effect ‘until further notice’

Live business updates on the coronavirus pandemic from the Financial Post: James McLeod


For continuous updates on the impact the COVID-19 pandemic is having on business, markets and the economy

My employer is asking me to work from home — uninterrupted by child rearing. What are my rights?: Howard Levitt


Howard Levitt: Your top questions answered about job rights and COVID-19

‘The magnitude is breathtaking’: China’s coronavirus slowdown much worse than feared, boding ill for Canada and global economy: Geoff Zochodne


Already there are signs of the economic disruption Canada could face

Cineplex investor urges Canada to block $2.15-billion takeover by Cineworld, sending shares down: Bloomberg News


Shares in Cineworld, the world's second-largest cinema company, are down 88 per cent this year

Animal Crossing: New Horizons review — A much-needed bit of happy in a time of big scary: Chad Sapieha


Nintendo's adorable life simulator is blissfully free of anything more stressful or worrisome than rain showers and bug bites

Stocks tank, triggering trading halt as markets go into full-blown ’panic mode’ over coronavirus: Victor Ferreira


TSX deep into the red Monday morning, opening down 11.5%

Airlines slash schedules, jobs and pay after new travel restrictions: Reuters


Airlines around the world said they would make more drastic cuts to their flying schedules, shed jobs and seek government aid after countries further tightened border restrictions because of the fast spreading coronavirus. The owner of British Airways said on…

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Coronavirus hits 'heart and soul' as New York, LA bars and theaters forced to close: Reuters


NEW YORK — Bars, restaurants, theaters and movie houses in New York and Los Angeles were ordered to shut down to combat the spread of the coronavirus pandemic as central banks around the world took aggressive steps to cushion the economic impact of the diseas…

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German travel tech startups hunker down for 'nuclear winter': Reuters


BERLIN — Online travel startups based in Germany are hunkering down to survive a coronavirus pandemic that threatens to inflict a “nuclear winter” on the travel industry as bookings plunge and borders close. Berlin-based GetYourGuide and ticket booking websit…

IMF ready to mobilize $1 trillion in loans to help countries counter coronavirus outbreak: Bloomberg News


'As the virus spreads, the case for a coordinated and synchronized global fiscal stimulus is becoming stronger by the hour'

Fight against global recession reaches new level of urgency: Kevin Carmichael


Kevin Carmichael: Central banks have pulled out the stops, but the politicians are the ones with the power to reverse the recession

Stocks set to crash again after Fed slashes rates as coronavirus fears spike: Reuters


'When the investor community loses faith in the Fed, that's when the market gets very dangerous'

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Burger King India delays IPO after market turmoil - Bloomberg News - Financial Post:


Burger King India Ltd has put its planned initial public offering on hold after India’s equities markets tumbled on fears of a slowdown in global economy and the spread of coronavirus, Bloomb…

Climb the career ladder with essential Salesforce training: Postmedia Network


Give your resume a valuable boost by completing these three essential Salesforce training courses.

How to become an Excel pro in 2020: StackCommerce - Mark Myerson


Despite the growth of Google Sheets, Excel is still used by an estimated 750 million people worldwide. It's in virtually every company, industry, and is helpful for just about any position.

Starbucks takes seats out of Canadian stores in response to COVID-19: Jake Edmiston


Starbucks will also temporarily close stores in regions with high concentrations of COVID-19 and stop letting customers add their own milk and cream


[news curation]@wakanda-forever



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