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Minister Morneau announces second phase of open banking review with a focus on data security in financial services

Department of Finance Canada | Release | Jan 31, 2020 News release January 31, 2020 - Ottawa, Ontario - Department of Finance Canada Canadians deserve a stable financial sector that is globally competitive, promotes consumer choice and contributes to economic growth. As the financial sector—like other aspects of the Canadian economy—becomes increasingly digitized, standards must

4 years ago

MOF: Consumer-directed finance: the future of financial services

Department of Finance Canada | Release | Jan 31, 2020 Introduction Budget 2018 announced the Government's review into the merits of open banking and, as a first step in this process, the Minister of Finance appointed an Advisory Committee on Open Banking, to guide the review. The Advisory Committee is supported by a Secretariat within

4 years ago

Exxon, Chevron results augur tough year ahead, shares drop

Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year.



4 years ago

Trump signs executive order aimed at preventing sales of counterfeit goods from overseas

President Donald Trump signed an executive order on Friday aimed at preventing counterfeit products from abroad from being sold to U.S. citizens who shop online using Amazon.com , Walmart.com or other ecommerce websites, the White House said.



4 years ago

Earnings volatility set to kick in as coronavirus worries mount

Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back half of the earnings season could hold greater sway over the performance of individual stocks.



4 years ago

China's Hubei reports 45 new coronavirus deaths, total at 249

China's Hubei province, the epicentre of a coronavirus epidemic, reported 45 new deaths from the outbreak on Friday, bringing the total to 249, the local health commission said on Saturday.



4 years ago

U.S. declares coronavirus public health emergency after imposing quarantines

Reuters) - The Trump administration, while insisting the risk to Americans from coronavirus is low, nevertheless declared a public health emergency on Friday and announced the extraordinary step of barring entry to the United States of foreign nationals who have traveled to China.



4 years ago

Airlines suspend China flights because of coronavirus outbreak

Airlines are suspending flights to China in the wake of the new coronavirus outbreak, which as of Friday had killed more than 200 people and infected nearly 10,000 people.



4 years ago

Companies feel impact of coronavirus outbreak in China

Some companies have warned that a coronavirus outbreak in China that has killed more than 200 people and infected thousands could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights.



4 years ago

Deere temporarily closes facilities in China due to coronavirus

Deere & Co said on Friday it has temporarily closed its facilities in China because of the coronavirus outbreak until the company determines it appropriate to reopen.



4 years ago

Major U.S. airlines cancel China flights as government steps up warnings

All three major U.S. airlines announced the cancellation of flights to mainland China on Friday as the U.S. government unveiled additional steps to curb the spread of the coronavirus, which originated in China.



4 years ago

Walmart temporarily limits 'non-business critical travel' to China

Walmart Inc , the world's largest retailer, said it is temporarily limiting "non-business critical travel" to China amid the coronavirus outbreak.



4 years ago

As coronavirus misinformation spreads on social media, Facebook removes posts

Facebook Inc said it will take down misinformation about China's fast-spreading coronavirus, in a rare departure from its usual approach to dubious health content that is presenting a fresh challenge for social media companies.



4 years ago

China's Tianjin closes schools, firms until further notice to curb virus: state media

The northern Chinese city of Tianjin has ordered schools and non-essential companies to remain closed until further notice to curb the spread of the coronavirus that has already infected thousands in the country, a local government-run newspaper said.



4 years ago

China's total coronavirus deaths hit 259 by end of Jan. 31, up 46: state media

The total number of deaths from a coronavirus epidemic in China had reached 259 by the end of Friday, Jan. 31, up by 46, state broadcaster CCTV said, citing numbers from the country's National Health Commission.



4 years ago