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This update contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s expected future financial results. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation: the effect of global and regional economic conditions on the Company’s business,...

NEW YORK, 7 May 2020 – An estimated 116 million babies will be born under the shadow of the COVID-19 pandemic, UNICEF said today ahead of Mother’s Day. These babies are projected to be born up to 40 weeks after COVID-19 – currently straining health systems and medical supply chains all over the world – was recognized as a pandemic...

Translations:Recuperação mais lenta enquanto as viagens internacionais continuam parada[1]s (pdf)La recuperación se retrasa ante el continuo bloqueo de los viajes internacionales[2] (pdf)La reprise est retardée par l’interdiction des voyages internationaux[3] (pdf)国际航协：国际旅行仍受限制 航空客运复苏迟缓[4] (pdf) Geneva – The International Air Transport Association (IATA) released an updated global passenger forecast showing that the recovery in traffic has been slower than had been expected. In...

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds. Both the global...