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RBS profits plunge 59% as it sets aside $788 million to defend itself from the coronavirus pandemic RBS said it expects to take a hit of about $788 million to stem potential losses from the coronavirus pandemic, as its first quarter profits fell 59% on Friday. The state-backed lender intends to wind down its customer-facing digital account Bó, which was ...
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RPT-As Sweden goes it alone, a COVID-19 survivor and trucking boss balances risk (Repeats story published late on Thursday). * Sweden has eschewed lockdown, bucking trend. * Its death toll is worse than Nordic neighbours. * However it is behind likes of Britain and France. * Economy to fare better than euro area - JP Morgan. * WHO says ...
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Myriad of Bearish Signs Flash for Bitcoin as Analysts Eye S&P 500 Futures Bitcoin's insane rally yesterday that allowed it to climb nearly $2,000 at its peak has stalled, with the retrace from its daily highs of $9,500 printing a massive wick that has made its daily candle look quite bearish. Analysts are now noting that a myriad of ...
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Walmart Launches Two-hour Express Delivery Service (RTTNews) - Retail giant Walmart announced the launch of Express Delivery, a new service that delivers more items in less than two hours. Amid the coronavirus pandemic, the company has been piloting the service in 100 stores since mid April. The service ...
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United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic United Airlines Thursday posted its biggest quarterly loss since 2008 after the coronavirus devastated travel demand. The Chicago-based airline and its competitors are facing a 95% decline in U.S. air travel, just as customers are normally gearing up for ...
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UK watchdog goes to court to clarify coronavirus business insurance LONDON (Reuters) - Britain's financial watchdog said it would urgently ask the courts to clarify uncertainty over whether businesses can claim compensation for disruption caused by the coronavirus pandemic. A national lockdown to fight the pandemic has ...
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Big Homes Just Listed in the Madison Area VMR ($700,000 - $750,000). Luxurious log cabin vacation home with 300 feet of frontage on beautiful Mason Lake 10 mi. from Wisconsin Dells & several ski resorts. Spend your summer relaxing on your private beach taking in picturesque views of the water, ...
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Bellagio, New York-New York likely to be among first MGM resorts on Strip to reopen By Bryan Horwath (contact). Friday, May 1, 2020 - 2 a.m.. 544. When Las Vegas Strip resorts are allowed to reopen following the COVID-19 closures, the initial MGM Resorts International properties to do so are expected to be the Bellagio and New York-New ...
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Japan's April factory activity shrinks at fastest pace in 11 years: final PMI TOKYO (Reuters) - Japan's factory activity shrank faster than initially estimated in April, a manufacturing survey showed on Friday, as the coronavirus hit to the economy deepened, with declines in product orders and output accelerating. FILE PHOTO: ...
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Gilead to work with partners to ramp up production of potential coronavirus treatment (Reuters) - Gilead Sciences Inc (GILD.O), maker of the closely-watched experimental coronavirus drug remdesivir, on Thursday said it will work with international partners to expand production of the potential COVID-19 treatment. FILE PHOTO: Gilead ...
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Indian billionaire Mukesh Ambani will forgo his salary until the pandemic eases Hong Kong (CNN Business) India's richest man said Thursday that he won't be taking home a salary until the impact of the coronavirus pandemic eases. Mukesh Ambani announced his decision as Reliance Industries — the sprawling oil refining, ...
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ICANN rejects sale of .org registry business to private investment firm ICANN says no to deal to transfer the business that sells .org addresses. KTSDESIGN/SCIENCE PHOTO LIBRARY. ICANN, the organization in charge of basic Internet name and addressing technology, announced Thursday it won't approve of the sale and ...
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Stocks cap off best month since 1987 as coronavirus leaves millions jobless The S&P 500 index and Dow Jones Industrial Average closed out their best monthly performances in more than 30 years on Thursday even as the number of Americans who have applied for unemployment benefits reached more than 30 million and the ...
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Atlassian aims to deploy its recession playbook from 2009 in 2020 Working from home: The future of business is remote. Most every organization has been thrust into the future of work faster than prognosticators dared imagine. What will determine failure or success in this brave new world of work? Read More. Atlassian is ...
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Chipotle Plans Free Delivery and Free Queso Blanco Promotions Around Cinco de Mayo Chipotle Mexican Grill's (NYSE: CMG) latest advertising promotion highlights Cinco de Mayo, the upcoming May 5 commemoration of Mexican forces over Emperor Napoleon III's French expeditionary force at the Battle of Puebla in 1862. The extras offered to ...
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Coronavirus: Markets fall as Trump threatens China tariffs over pandemic Stocks sank in London on Friday after US president Donald Trump threatened to impose new tariffs on China over its handling of the coronavirus crisis. The FTSE 100 index of Britain's biggest listed companies (^FTSE) slid 2.3% in early trading. It marked a ...
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New coronavirus 'data insights' to be released Friday by the Virginia Department of Health RICHMOND, Va. (WAVY) — The Virginia Department of Health plans to release a new data report on coronavirus in the commonwealth on Friday. The new report will be called "COVID-19 Data Insights." It will offer epidemiological data analysis that ...
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AWS, Microsoft cloud revenues surge with remote working demand Channel analyst Canalys has reported a US$31 billion cloud infrastructure services spend increase for Q1 2020, a record 34 percent growth. The firm identified the growth in cloud services as being driven by organisations around the world moving to remote ...
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Nikkei hits the skids on Wall St losses; chip-related firms under pressure SYDNEY, May 1 (Reuters) - Japanese shares retreated from a near eight-week peak on Friday, led by declines in chipmaking firms and as investors chose to re-shuffle the deck following a streak of earnings reports. The benchmark Nikkei average fell 2.8% to ...
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Postal service woes could impact five vote-by-mail states OLYMPIA — Vote-by-mail elections could be at risk this year unless the federal government helps bolster a U.S. Postal Service that has been financially hobbled by the novel coronavirus, Washington Secretary of State Kim Wyman said Wednesday. While that ...
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Brooks: Fiscal 2Q Earnings Snapshot CHELMSFORD, Mass. (AP) _ Brooks Automation Inc. (BRKS) on Thursday reported fiscal second-quarter earnings of $9.1 million. The Chelmsford, Massachusetts-based company said it had profit of 12 cents per share. Earnings, adjusted for one-time gains ...
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Ohio's coronavirus unemployment claims now exceed 1 million, though the number of new claims continues to fall COLUMBUS, Ohio— Ohio's initial unemployment claims last week fell below six figures for the first time in six weeks, though claims since the coronavirus crisis began have now passed the 1 million mark. For the week of April 19-25, 92,920 Ohioans filed initial ...
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Minister asks tourism to be creative post Covid-19 On weekends, most people hit the road and find some fun activity to take part in or enjoy an evening out at a restaurant after work. These were the heydays of the South African tourism sector, which in 2019 accounted for 1.5 million jobs and represented 8.6% ...
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