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French crisis measures have cost 450 billion euros, finance minister says PARIS (Reuters) - French government measures to prop up the economy through the coronavirus crisis have cost 450 billion euros ($490 billion), the equivalent of 20% of gross domestic product, the finance minister said on Monday. FILE PHOTO: French ...
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Australia shares end 2% firmer as investors bet on post-lockdown recovery (Updates to close). * Australia export data shows "solid surplus" - analysts. * Afterpay up for fourth straight session. By Shashwat Awasthi. May 25 (Reuters) - Australian shares firmed more than 2% on Monday, as hopes that the global easing of ...
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JioMart expands to 200 cities in India as it seeks to compete with Amazon and FlipKart Hong Kong (CNN Business) An online grocery business backed by Asia's richest man is expanding to hundreds of cities across India — a move widely seen as a challenge to Amazon (AMZN) and FlipKart. JioMart, the grocery platform owned by Mukesh ...
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REFILE-China stocks end higher as consumer sector lends support, US tensions cap gains (Removes extraneous word in 6th bullet). SHANGHAI, May 25 (Reuters) - China stocks closed higher on Monday, lifted by gains in consumer companies, though their rise was capped by simmering Sino-U.S. tensions. ** The Shanghai Composite index rose ...
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Virgin Australia lessors agree in principle to delay plane repossession: administrators SYDNEY (Reuters) - Virgin Australia Holdings Ltd's (VAH.AX) administrators have reached in-principle agreements with aircraft lessors covering the bulk of its fleet to wait until after Aug. 31 to repossess planes, to allow them to complete a sale, an affidavit ...
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South Africa's Tiger Brands reports lower H1 earnings, defers dividend JOHANNESBURG, May 25 (Reuters) - South African food producer Tiger Brands TBSJ.J. reported on Monday a 35% fall in half-year headline earnings and deferred its interim dividend due to uncertainty around the coronavirus pandemic. Headline earnings ...
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Bank of Thailand's Governor Won't Seek a Second Term A new governor will take on the task of shaping Bank of Thailand policy for the Covid-19 induced economic crash after incumbent head Veerathai Santiprabhob decided against seeking a second term. Veerathai for family reasons won't apply for another five ...
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African Markets - Factors to watch on May 25 NAIROBI, May 25 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. - - - - - GLOBAL MARKETS A gauge of Asian stocks pared ...
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GSEs Extend Borrower Eligibility for Mortgage Holders in Forbearance Federal regulators have just made it a bit easier for homeowners in forbearance -- and there are now more than 4 million of them -- to refinance their existing mortgage or buy a new house. Fannie Mae and Freddie Mac -- the government-sponsored ...
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LVMH boss Arnault's company to buy stake in Lagardere holding firm PARIS (Reuters) - Bernard Arnault, the billionaire behind luxury fashion group LVMH (LVMH.PA), has agreed to buy a stake in the holding company of fellow French billionaire Arnaud Lagardere, according to the holding companies of the two men.
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Lufthansa's $9.8 Billion Bailout Bogged Down in EU Talks Germany's 9 billion-euro ($9.8 billion) bailout of Deutsche Lufthansa AG has stalled on last-minute talks to ensure swift approval from the European Union, according to people familiar with the matter. A timetable for the German government to sell an eventual ...
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Aviation industry prepares for sweeping changes in post-pandemic travel Tina is standing in Paris Charles de Gaulle airport with her one-and-a-half year old daughter, on her way home to Kinshasa from London. "The flight was full, no seats between us and other people," said the 30-year-old. "They didn't take ...
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Which restaurants are open Memorial Day? Starbucks, Chick-fil-A, Applebee's are open but some only for takeout. There are fewer restaurants open to dine in this Memorial Day with many dining rooms still closed because of the coronavirus pandemic. But with states in different phases of reopening, what you'll find open Monday will vary greatly depending on where you ...
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Eaton Canyon Closed for Memorial Day After 'Overwhelming Crowds' Not Following Guidelines Crowds at Eaton Canyon provided the perfect example of what not to do as restrictions ease across SoCal beaches and public parks. The Eaton Canyon natural areas and trails, located at the base of the San Gabriel Mountains, were closed for Memorial Day, ...
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Vitalant helping patients throughout COVID-19 pandemic with launch of new campaign LAFAYETTE, La. (KLFY)- Whether you donate blood or have recovered from COVID-19 and can donate convalescent plasma, you can help save lives. Jared Luent with Vitalant explains, "We need donors. We are seeing an increase in blood usage right now.".
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Jill Schlesinger: Powell to Congress: Just Do It! So much for a "V"-shaped economic recovery, where output collapses quickly and then shoots back up. As the U.S. entered its third month of the pandemic-induced lockdown economy, analysts have replaced the. Jill Schlesinger. hopes/predictions of a quick ...
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Fitch Revises Outlook on Macquarie Group and Australian Subsidies to Negative on Coronavirus Risk Fitch Ratings - Sydney - 25 May 2020: Fitch Ratings has revised the Outlook to Negative, from Stable, on the Long-Term Issuer Default Ratings (IDR) of Macquarie Group Limited (MGL) and its Australian subsidiaries, Macquarie Bank Limited (MBL), ...
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Crisis-hit IL&FS plans to divest its 26% stake in OTPC, invites bidding Moving ahead with its asset monetisation process, IL&FS has invited expressions of interest (EoI) to divest the 26 per cent stake the crisis-hit company holds through IFIN and IEDCL. Through IEDCL, IL&FS holds 12.03 per cent and through IFIN, the group ...
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ANZ 'hopeful' COVID loan deferrals not as dire as feared ANZ Bank chief executive Shayne Elliott says half the borrowers who deferred mortgage payments under an emergency relief scheme have not suffered a drop in income, giving the bank hope about repayments resuming later this year. The head of the most ...
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Hacker selling customer data of 3 crypto wallets, 1 investment platform A hacker who was behind the cyber attack on Ethereum.org is now selling data tied to key cryptocurrency wallets like Keepkey, Trezor, Ledger and online investment platform Bnktothefuture. The hacker has three large databases with information pertaining to ...
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Government reveals low emissions technology roadmap The Federal Government has unveiled its Technology Investment Roadmap discussion paper, a strategic overview of the future of low-emission technology investments. Minister for Energy and Emissions Reduction, Angus Taylor, said the government sees ...
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Proposal to close six H&J Smith stores Local reporting is vital to a thriving and connected community. Help us keep telling Southland's stories by making a contribution. Contribute Now orange-arrow. South Island retailer H&J Smith is proposing the closure of six of its stores in a restructure that ...
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Alibaba Cloud revenue grows 62 percent – but it's still just a sixth the size of AWS Alibaba has revealed that its cloudy revenue grew 62 percent in the year to March 30th, 2020, for an annual run rate of US$5.6 billion. The company last week announced its Q4 and FY 19/20 results, with the annual headline figure of $71bn revenue ...
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New £150000 fund to help digital firms develop technology to combat coronavirus THE Welsh Government has announced a £150,000 fund for healthcare firms to find new ways to use digital technology to combat coronavirus. The challenge fund aims to quickly trial solutions in health and care to improve remote diagnostics, data collection ...
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ANA Looks To Delay Delivery Of Final Airbus A380 ANA has asked Airbus to delay the delivery of its final third Airbus A380 to at least October, following a decline in air travel demand. The aircraft was supposed to enter service last month, but with little or no need for flights to Hawaii and a grounded A380 fleet, ...
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Green certificate sales down 35 pc to 2.37 lakh in April New Delhi: Sales of renewable energy certificates tumbled over 35 per cent to 2.37 lakh units in April compared to 3.68 lakh in the same month a year ago, according to official data. Renewable energy certificate (REC) is a type of market-based instrument.
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Boston Dynamics' Robodog Roams New Zealand Countryside with a New Purpose: Sheep Herding Canines beware: Apparently we humans aren't the only ones who need to worry about our inevitable robot overlords replacing us. Swipe to close. Video Player is loading. Play Video. Play Next playlist item. Mute. Current Time 0:00. /. Duration 0:00. Loaded: 0 ...
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Lion to bring 'healthy alcohol' to Australia Lion has snared the Australian rights to the hugely successful White Claw brand, which pioneered the hard seltzer segment in the US and built it into a $2.5 billion category based on perceptions it is a "healthy alcohol" with lower calories and lower sugar.
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Mohit Gupta Elevated as Zomato Founder Mumbai: Zomato has elevated Mohit Gupta, the CEO of its food delivery business, by making him a cofounder. In an email addressed to employees on Sunday, Deepinder Goyal, CEO, Zomato said, "While the foundation of Zomato was built before Mohit ...
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Fortescue eyes copper with strategic investment Fortescue Metals Group has diversified its asset portfolio further into copper by investing $C1.38 million ($1.5 million) in Candente Copper, which owns a large-scale open pit project in Peru. Through subsidiary company Nascent Exploration, Fortescue has ...
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Closing Bell: Today's biggest small cap movers on the ASX A quick wrap of the key winners and losers on Monday, May 25. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day.
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House ag members question USDA on food box contracts Echoing concerns raised in the fresh produce industry, members of Congress serving on House agriculture subcommittees, are asking Agriculture Secretary Sonny Perdue about the process to award contracts for the Farmers to Families Food Box program.
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Research Report With COVID-19 Forecasts - Global Isobutene Market 2020-2024 | Growing Demand for Rubber From ... LONDON--(BUSINESS WIRE)--The global isobutene market size is expected to grow by USD 7.31 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. The impact can be ...
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