E-commerce: Facebook launches the Business Suite application for SMEs

Technology: Facebook is continuing its strategy of developing e-commerce on its platforms, by designing new tools for businesses. Facebook is launching a new application for small businesses, allowing you to manage professional pages or profiles on both Facebook and Instagram.  Facebook Business Suite The tool is called "Facebook Business Suite". The platform explains that this app allows businesses to post to Facebook and Instagram at the same time, and manage and receive messages, notifications and alerts in one place. The interface will also measure engagement, visualizing the tool's metrics through an information tab on Facebook and Instagram.

"We first designed Facebook Business Suite for small businesses, but it's a long-term investment, and we hope to make it the primary interface for businesses of all sizes that use Facebook, Messenger, Instagram and WhatsApp," Facebook CEO Sheryl Sandberg said in a blog post yesterday. “Th…

Mutual funds will have more margins to finance redemptions | Canada

Securities regulators across Canada are providing mutual funds with temporary temporary flexibility to borrow money in response to recent market volatility in the midst of the COVID − 19 pandemic. The exemption will be available to all mutual funds in Canada that invest part of their assets in bonds or other fixed income securities, including equity funds that hold them.
Mutual funds will have more margins to finance redemptions | Canada

According to the Canadian Securities Administrators (CSA), this additional cash will help mutual funds respond to requests for redemption from investors. The borrowing limit will be raised to 10% of the net asset value of a fund at the time of borrowing, compared to a current ceiling of 5%. This exemption, which takes effect immediately, will continue until July 31.

The CSA has said it will "closely" monitor developments and decide whether further exemptions, or extensions, are necessary. Funds that contract additional loans under the exemption will be subject to conditions, including strict controls and disclosure to investors on the use of these loans. "Investment fund managers are currently struggling with liquidity issues in the fixed income markets," said the CSA President and Chief Executive Officer of the AMF. Quebec financial markets, Louis Morisset.

"The exemption increases their flexibility to manage their portfolios in the best interests of all investors, while continuing to meet their liquidity expectations."

The CSA is a national organization representing Canada's provincial and territorial securities commissions.