Page 2 - Allison Seto News Today

Dozens of Canadian music festivals, comedy shows and art fairs are finally back this spring after years of pandemic cancellations.

Does investing in oil and gas companies still make sense? Money manager Jacinto Hernandez has doubts. The partner at Capital Group Cos. liquidated $1 billion in oil and gas stocks as Covid-19 spread around the globe in February, according to regulatory filings. Mr. Hernandez said he suspected the expansion of the new coronavirus in Italy was about to crush global demand for gasoline, diesel and jet fuel—and with it, any near-term thesis for investing in oil companies. For Mr. Hernandez, the ...