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Steep Drop in Trade Flows Shows Pitfalls of Cross-Border Supply Chains Global trade flows tumbled in the first quarter, a preview of what could be the largest contraction in international commerce in decades, as the coronavirus pandemic causes policy makers and multinationals to reconsider globe-spanning supply chains that ...
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All The Chicest Clothes On Sale This Memorial Day Weekend With summer mere weeks away, it's officially time to store coats, sweaters, and boots and break out the shorts, tank tops, swimsuits, sandals, and summer dresses. If your summer wardrobe is in need of a refresh — or if you're the type of shopper who likes to ...
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Coronavirus stimulus check: Qualifications, payment status, prepaid debit card and more As part of the 2020 stimulus package, you may meet the requirements for a payment from the federal government. James Martin/CNET. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website. How can you find ...
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Lufthansa, German government agree on $9.8 billion rescue package: sources FRANKFURT/BERLIN (Reuters) - The German government and the management of flagship carrier Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout, two ...
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UPDATE 1-Greece needs more than Hercules plan as GDP set to shrink 6%- cenbank chief (Adds quotes on bad bank, primary budget). ATHENS, May 25 (Reuters) - Greece's economy will likely contract by 6% this year, more than projected in late April, and the country will need extra tools to tackle bad loans troubling banks, the head of the country's ...
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Bank of Israel Leaves Rates Unchanged, Sees Less Economic Damage in 2020 JERUSALEM — The Bank of Israel left its benchmark interest rate <ILINR=ECI> at 0.1% on Monday, saying economic damage from the coronavirus outbreak was likely to be less than initially feared. "The gradual process of removing the restrictions that the ...
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Telstra launches 5G mobile broadband hotspot with mmWave support Image: Nathan Hopkins/Telstra. Australia's incumbent telco Telstra has announced the availability of its first 5G hotspot capable of supporting millimetre wave (mmWave) frequencies. The 5G Wi-Fi Pro will cost AU$600, or AU$25 over two years, and comes ...
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UPDATE 2-China's Meituan Dianping posts Q1 loss, warns virus impact to continue (Adds executives' quotes). By Yingzhi Yang and Brenda Goh. BEIJING, May 25 (Reuters) - Chinese food delivery giant Meituan Dianping posted a smaller-than-expected fall in revenue on Monday after its business was hit by nationwide virus curbs but ...
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Air Canada, Transat deal faces intense EU antitrust scrutiny BRUSSELS (Reuters) - Air Canada's (AC.TO) bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU antitrust regulators said on Monday as they opened a full-scale investigation ...
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French carmaker Renault could close plants and cut jobs: union PARIS (Reuters) - French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs, a representative for far-left union CGT said on Monday. FILE PHOTO: A Renault ...
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Travel Troubleshooter: Why won't Airbnb refund our rental? It promised it would DEAR TRAVEL TROUBLESHOOTER: My husband, son and I were scheduled to stay in an Airbnb in New York City. In March, we had to cancel the rental because of the coronavirus outbreak. I had concerns about our health, including my asthmatic husband ...
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They waited for weeks for federal loans and grants. Small businesses found other options to survive Top Tier MMA, a fitness facility in Emsworth, didn't qualify for the Paycheck Protection Program — the $650 billion federal loan fund created to help small businesses cope with fallout from the COVID-19 pandemic. So when the state ordered the gym to close in ...
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Veterinary Vaccines Market by Disease, Type and Technology - Global Forecast to 2025 Dublin, May 25, 2020 (GLOBE NEWSWIRE) -- The "Veterinary Vaccines Market by Disease (Swine Pneumonia, Avian Influenza, Rabies, Coccidiosis, Brucellosis, Canine Distemper), Type (Poultry, Livestock, Aquaculture, Porcine, Canine), Technology ...
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Speedy delivery in the age of COVID-19 slowed by volume, sickness Millions of Americans mostly confined to their homes by the coronavirus pandemic are relying heavily on e-commerce to deliver groceries, household necessities and other items to their front doors. But that's not as easy as it looks. Even as delivery service ...
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IBM Cuts Jobs Around US As New CEO Looks For Revival IBM told the Wall Street Journal it is laying off an undisclosed number of workers across the U.S.. IBM representatives didn't return numerous calls and emails Friday to confirm the job cuts, which were also reported by Bloomberg. The already-struggling tech ...
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Australia gives companies a six-month break from earnings forecasts SYDNEY, May 25 (Reuters) - Australia will relax its company disclosure obligations for six months, including allowing firms to hold off on earnings forecasts in a move to protect them from lawsuits during the coronavirus crisis. The move is the second ...
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Monash, Swinburne, and RMIT universities use optical chip to achieve 44Tbps data speed Image: Monash University. A group of researchers from Monash, Swinburne, and RMIT universities have claimed that they have successfully tested and recorded the world's fastest internet data speed of 44.2Tbps using a single optical chip known as a ...
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Alibaba Drops After Projecting Slowing Growth in Uncertain Times Alibaba Group Holding Ltd. slid after projecting revenue growth will slow this year, reflecting post-Covid 19 economic uncertainty at home as well as the potential for U.S.-Chinese tensions to disrupt its business. Its stock slid as much as 4% in Hong Kong ...
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No crying over spilt milk as advisers focus on Virgin bid The local boss of private equity giant Bain Capital Mike Murphy is very, very serious about owning Virgin Australia. We know this because he broke with tradition - private equity bosses are notoriously ... private - and made a public statement over the weekend.
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Tea industry suffers loss of Rs 2100 crores in WB and Assam Kolkata: The tea industry in two states, West Bengal and Assam, is staring at a loss of around Rs 2,100 crore due to Covid-19 pandemic as production has dipped by a whopping 65 per cent in the past two months. "Based on feedback received from ITA ...
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Las Vegas to reopen casinos -- with restrictions LAS VEGAS - Las Vegas is set to reopen casinos following its coronavirus lockdown, but guests should not expect a return to business as usual. Nevada Gov. Steve Sisolak set a tentative date of June 4 to reopen casinos statewide following two weeks of ...
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Ikea introduces new shopping rules as 19 stores reopen to the public Swedish furniture giant Ikea is set to reopen its doors for the first time in two months on June 1, as retailers across the UK slowly get back to business following 10 weeks of closures. A total of 19 stores will re-emerge from lockdown, though its restaurants will ...
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Death of an aviation giant, as A380 feels virus bite Coronavirus has hastened the demise of the Airbus A380 – the world's largest airliner – as the aviation industry scrambles to adapt to lower demand for air travel, which has essentially made ...
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BSNL extends free 'work@home' broadband offer till 20 June: Details here State-owned telecom sector Bharat Sanchar Nigam Limited today announced that it will extend the validity of its existing 'Work@Home' plans till 20 June, 2020. This broadband plan is available to its landline users free of cost. Earlier, the validity was extended ...
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Wetherspoons reveals plan to reopen its pubs in Herefordshire JD Wetherspoon has drawn up plans to ensure that its staff and customers are safe before its pubs reopen. The company, which has three pubs in the county, The Kings Fee in Commercial Road, Hereford, The Duke's Head in Corn Square, Leominster, and ...
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Vermilion Energy announces immediate departure of CEO Marino Vermilion Energy announced Monday that president and chief executive Anthony Marino has left the company, effective immediately. "Mr. Marino made many contributions to Vermilion during his eight-year tenure with the company, including various ...
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Asahi to borrow $11 billion for purchase of AB InBev's Australia unit TOKYO (Reuters) - Japanese beer maker Asahi Group Holdings (2502.T) said on Monday it would borrow 1.185 trillion yen ($11 billion) from Sumitomo Mitsui Banking Corp (SMBC) to pay for its acquisition of Anheuser-Busch InBev's (ABI.BR) Australian ...
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ETtech Top 5: The co-founder title, Insta ads on TikTok, overstretched hospitals & more Happy Monday! Do you think it's okay to designate executives as co-founders even if they haven't technically founded the company? That's the question ETtech asked on a Twitter poll. And nearly two-thirds of the respondents said it's not okay to pick hired ...
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India looks to store cheap oil in United States - oil minister NEW DELHI — India is looking at storing some low priced U.S. oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan told CNBC TV18 news channel. India's plan could be similar to a move by Australia, which last month said it would ...
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Tesla Looks To Produce Cars In China With New Type Of Battery Tesla has made a move away from the dominant EV battery technology, asking the Chinese government for approval to start manufacturing Tesla Model 3 featuring a lithium iron phosphate batteries, Reuters reports, citing a document published on the ...
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Elon Musk: the Tesla Cybertruck isn't getting any smaller In the days and weeks after Tesla CEO Elon Musk revealed the cybertruck — a post-apocalyptic inspired vehicle made of cold-rolled steel — there was a lot of speculation about whether it would be smaller once it actually made it to market. Production of the ...
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ITC to acquire spice maker Sunrise Food ITC on Saturday, 23 May 2020, entered into a share purchase agreement (SPA) to acquire 100% stake of Sunrise Foods (SFPL), which is engaged in the business of spices under the trademark 'Sunrise'. The transaction is subject to fulfillment of various terms ...
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Malls, shopping centres seek assistance from government, lenders to overcome corona crisis Mumbai | Bengaluru: Mall developers and shopping centre owners have sought immediate relief from the government and financial institutions including an extended moratorium on loans, access to short-term financing, a one-time loan restructuring and ...
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Wishbox 2.0: Check out Mercedes Benz's customised finance options to lure customers back These smart financing solutions are one-of-its kind and are our own way of supporting our customers' investments and addressing the prevalent market challenges. Share Via Email. Published: 25th May 2020 04:21 PM | Last Updated: 25th May 2020 04:21 ...
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COVID-19 update: El Paso approaching 2400 cases EL PASO, Texas (KTSM) – As the City of El Paso celebrates Memorial Day, the number of COVID-19 cases is approaching 2,400. The holiday morning saw another increase, bringing the total number of confirmed cases to 2,376 as the number of deaths ...
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New York Weather: CBS2's Memorial Day Forecast By Mark McIntyre. CBS2 Meteorologist/Weather Producer. NEW YORK (CBSNewYork) — Good Monday morning and happy Memorial Day! Despite a dreary and cool start to the holiday, we'll be sitting pretty this afternoon. Skies will clear through the day and ...
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Global Data Center Colocation Market (2020 to 2025) - Growth, Trends, and Forecast - ResearchAndMarkets.com The "Data Center Colocation Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The data center colocation market was valued at USD 31.39 billion in 2019, and is expected to reach a value of ...
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Huawei asks Samsung and SK Hynix for chip supplies in face of US isolation Shenzhen-based telco called in officials at the two South Korean chipmakers' Chinese units to request a stable supply of the chips regardless of recent US government ban. about 12 hours ago. The logo of Huawei as seen in Davos, Switzerland. Photograph: ...
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Facebook Shops: How and when can I sell on Facebook and Instagram? A new feature turns your page into a storefront. But which platform is better to sell your art on? Facebook recently announced new feature Facebook Shops that allows small traders to turn their Facebook pages into more accessible and attractive storefronts.
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