Wednesday, 27 May 2020

Fox Selling $1.2 Billion In Debt, Follows Disney, Comcast, Others In Seeking Coronavirus Cash Cushion

Cowessess First Nation in Saskatchewan steps up coronavirus preventative measures

The Cowessess First Nation says it is taking proactive steps to reduce the risk of COVID-19, including setting up monitoring stations at entrances to its community.

Officials say they are also doing everything within their powers to ask people to stay at home.

MEDIA-Jeffrey Gundlach says coronavirus sell-off to worsen again in April, taking out March low- CNBC

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— Note: Reuters has not verified this story and does not vouch for its accuracy

Initial delivery of UK-made Penlon ventilators will be 30 units – Daily Mail

LONDON, March 31 (Reuters) – Britain’s health service will receive 30 ventilators next week in the first batch manufactured by a consortium of businesses, the Daily Mail reported, after the government confirmed the ‘Penlon’ model was approved and would ship at the weekend.

The cabinet office, which is coordinating a scheme to acquire thousands of ventilators to meet the service’s needs during the peak of the coronavirus crisis, said it could not yet confirm the size of the first batch. (Reporting by William James, editing by Estelle Shirbon)

COVID-19 pandemic: Is the UK beginning to ‘flatten the curve’?

On this edition of the Sky News Daily podcast, Jonathan Samuels examines the impact that lockdown measures may be having – with Sky correspondents Jon Craig and Laura Bundock joined by columnist Peter Hitchens.

We also discuss testing and contact tracing with our technology correspondent Rowland Manthorpe and former director general of the Israeli Ministry of Health, Dr Yoram Lass – and Major Tim Cross talks about transforming London’s ExCel centre into a temporary hospital.

Blasting permit approved for West Kelowna water treatment plant

The Rose Valley Water Treatment Plant’s blasting permit has been approved by the City of West Kelowna.

The blasting is scheduled to begin late this week and will continue into next week, as crews push to meet nearing deadlines for the project.

Coronavirus: 77 Alberta health-care workers infected with new coronavirus

Alberta Health has confirmed 77 health-care workers in the province have tested positive for COVID-19.

Organization supports Calgary artists with disabilities amid COVID-19 outbreak

As the COVID-19 pandemic continues to force facility closures across the city, one Calgary organization hopes to keep the passion for art alive among artists with disabilities in Calgary.

Indefinite Arts Centre has promised to deliver more than 300 “artists kits” to all its members so they can continue to create from home.

Coronavirus: Boy, 13, dies in London after testing positive

LONDON (REUTERS) – A 13-year-old boy in London who tested positive for coronavirus has died, a hospital said on Tuesday (March 31).

“Sadly, a 13-year old boy who tested positive for Covid-19 has passed away, and our thoughts and condolences are with the family at this time,” King’s College Hospital said in a statement.

“The death has been referred to the coroner and no further comment will be made.”

ERT deployed after Grand Forks, B.C., woman barricades herself inside apartment: RCMP

An allegedly armed and emotionally distraught woman was arrested in Grand Forks, B.C., on Sunday evening, according to police.

RCMP say the Southeast District Emergency Response Team was called to the incident along the 2100 block of 68th Avenue, where police received a request to check on the well-being of a local resident.

Coronavirus: City of Penticton launches economic recovery task force

The City of Penticton says an economic task force has been created in response to the financial uncertainty caused by the novel coronavirus pandemic.

According to the city, the economic recovery task force will “investigate measures the City can take to support local residents, businesses and workers during these challenging times.”

Coronavirus: 8 new COVID-19 cases in Saskatchewan, total reaches 184

The Saskatchewan government reported eight new cases of COVID-19 in the province on Tuesday, bringing the total number of cases to 184.

Health officials said four people are in hospital — one in intensive care in Regina and three are receiving care in Saskatoon.

COVID-19: Spain, France record highest single-day deaths

Pandemic shows no sign of slowing down in Europe.

The coronavirus outbreak shows no sign of slowing down in Europe.

Spain and France have recorded their highest single-day death tolls, while more than 800 deaths were reported in Italy today.

As Al Jazeera’s Paul Brennan reports, mourners there held a minute’s silence to remember the victims.

Big King XL Sandwich Back On Burger King’s Menu

Burger King is reportedly bringing back its popular big burger, the Big King XL Burger, which it first introduced last year.

The Big King XL is made with a half-pound of beef, melted American cheese, onions, pickles, lettuce and “savory sauce” on a toasted sesame bun. Burger King claims that the burger has 175 percent more beef than McDonald’s the Big Mac.

The Big King XL will be rolling out again for a limited time starting April 2 for about $5.99 at participating Burger Kings.

During the last Halloween season, Burger King had introduced the ‘Ghost Whopper’, which is a regular burger with a special white cheddar cheese-flavored sesame-seed bun. It is filled with savory flame-grilled beef topped with juicy tomatoes, fresh lettuce, creamy mayonnaise, ketchup, crunchy pickles, and sliced white onions.

Fox Selling $1.2 Billion In Debt, Follows Disney, Comcast, Others In Seeking Coronavirus Cash Cushion

Fox Corp. said it is selling $1.2 million worth of notes and will use net proceeds for general corporate purposes. Companies are raising cash at a rapid pace as a nest egg against the harsh economic impact and unknown duration of the coronvirus.

Earlier Tuesday Fox said the the COVID-19 spread could have an adverse material impact on its business. It’s the latest in a stream of companies to both dislcose the risk publicly and raise cash to see it through hard times. Comcast, Disney and ViacomCBS have all tapped the debt market recently. Discovery drew down a portion of a revolving credit facilty. So did AMC.

For said in an SEC filing it expects the offering to close on April 7. It’s offering two traches of senior notes for $600 million: one, of 3.050% notes due 2025, and one of 3.500% otes due 2030.

Citigroup, J.P. Morgan, Deutsche Bank, Goldman Sachs and Morgan Stanley are acting as the joint book-running managers for the offering.

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