Global Markets: Air Canada cancels China flights

By MarketsFarm

WINNIPEG, Feb. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Air Canada has cancelled all flights to mainland China until April 10 in the face of the spreading COVID-19 coronavirus outbreak. The airline already grounded flights for the month of February. The daily Air Canada flight between Toronto and Hong Kong has also been suspended until April 30, but the airline will continue to operate a flight between Vancouver and Hong Kong. A U.S. official said We

– Violent clashes between Hindu nationalist mobs and minority Muslims in Delhi, India, have now led to at least 21 deaths, according to reports out of the country. Prime Minister Narendra Modi has appealed for peace, although it was a citizenship policy seen as discriminatory against Muslims imposed by his government that sparked the nationwide turmoil.

– Bayer Chairman Werner Wenning announced that he will step down from the country in April. Shares in the German-based company have dropped over the two years as it deals with lawsuits claiming Roundup causes cancer. Bayer bought Monsanto for US$63 billion in 2018.

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