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Lufthansa and German government agree $9.8 billion rescue package FRANKFURT/BERLIN (Reuters) - The German government and Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro (8 billion pounds) bailout. FILE PHOTO: Aircraft of the German ...
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India looks to store cheap oil in United States: oil minister NEW DELHI (Reuters) - 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. FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at ...
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Russia sees global oil market balancing in June-July: RIA cites source MOSCOW (Reuters) - Russia's energy ministry sees global oil demand and supply balancing in the next two months, the RIA news agency said on Monday, citing an unnamed source familiar with the minister's speech at a state council on energy.
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The Best Mattress Sales You'll Find This Memorial Day If you've been contemplating updating your old coil spring mattress or upgrading from a queen to a king, Memorial Day weekend is the time to do it. With mattresses on sale from every major retailer — including direct-to-consumer and mattress-in-a-box ...
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CANADA FX DEBT-Canadian dollar sticks to tight range ahead of Poloz speech ... * Canadian dollar rises 0.1% against the greenback * Loonie trades in a range of 1.3972 to 1.4007 * Price of U.S. oil increases 0.6% * Canadian bond yields trade mixed across a flatter curve TORONTO, May 25 (Reuters) - The Canadian dollar ...
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Bank of Israel leaves rates unchanged, sees less economic damage in 2020 JERUSALEM (Reuters) - 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 ...
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Air Canada Announces New COVID-19 Refund Policy And Adds More Flights On May 22, 2020, Air Canada, Canada's largest carrier, announced that it will be changing its refund policy for flights cancelled due to the Covid-19 pandemic. Under new regulations that the airline is referring to as a "goodwill policy," customers with ...
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Global Oil Demand Has Yet to Peak, Energy Watchdog Predicts Global oil consumption hasn't peaked, the head of the International Energy Agency warned, throwing cold water on hopes the coronavirus will cap demand and reduce climate-changing emissions. "In the absence of strong government policies, a sustained ...
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UPDATE 1-Patriotic Poles led astray by mis-labelled Ukrainian cucumbers (Adds Biedronka comment). WARSAW, May 25 (Reuters) - Local supermarket Biedronka has been mis-labelling goods including Belgian carrots and Ukrainian cucumbers as home grown, Poland's anti-monopoly office said on Monday. The watchdog said ...
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Is it safe to try on clothes at a store? What you need to know When it comes to clothes shopping, nothing can replace the in-person experience of trying on an item in the changing room. But are fitting rooms safe in the midst of the COVID-19 pandemic? Some major retailers, including Nordstrom and Macy's, have ...
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Twilio To Power New York's COVID-19 Contact Tracing Initiative; Shares Jump 7.5% Twilio (TWLO) announced that it will provide the communications platform to power New York City's coronavirus contact tracing initiative sending shares up 7.5% on Friday. The cloud communications company said that New York City's Department of ...
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Today's Mortgage Rates, May 25, 2020 | Benchmark rate up Mortgage rates showed no clear direction today, but one key rate was higher. The average for a 30-year fixed-rate mortgage climbed higher, but the average rate on a 15-year fixed receded. Meanwhile, the average rate on 5/1 adjustable-rate mortgages held ...
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Door opens for Telstra as NBN 'proves itself' in lockdown Communications Minister Paul Fletcher has left the door open for Telstra's infrastructure arm to acquire the National Broadband Network in future, and said he was unconcerned by emerging competition from state government and privately owned rivals as the ...
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Police: Man allegedly shoots, kills ex-girlfriend following argument in North County NORTH ST. LOUIS COUNTY (KMOV.com) -- Police arrested a 27-year-old man in connection to a deadly shooting in North County Sunday morning. Officers found 22-year-old Lawren Mitchell dead in the 5200 block of Lucas and Hunt Road near Interstate 70 ...
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German activity picks up, can't escape official recession FRANKFURT, Germany (AP) — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings as Germany faced a long journey toward full recovery ...
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Air Canada-Transat tie-up faces European competition scrutiny Air Canada's proposed acquisition of Transat AT, the parent of leisure carrier Air Transat, is to face scrutiny from European competition regulators. The European Commission is concerned that the tie-up could "significantly" reduce competition on 33 city-pairs ...
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Kakao Shares Rise 8.5% in Biggest Daily Gain Since March-End Kakao Corp. shares rose for a fourth straight session, and analysts are bullish on the South Korean internet group and its services amid the coronavirus pandemic. Kakao, whose chat app KakaoTalk is widely used by Korean smartphone users, closed 8.5% ...
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Air Astana converting 767s for new cargo division Air Astana is establishing a freight division, Air Astana Cargo, which will use three Boeing 767-300ERs which are being retired from the airline's fleet and modified for cargo transport. It will put the initial aircraft into service on 26 May – in a "semi-cargo" layout, ...
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ITA estimates Rs 2100-cr revenue loss for tea industry in Assam, West Bengal during Mar-May KOLKATA: The Indian Tea Association (ITA) has pegged a revenue loss of Rs 2,100 crore for the industry in Assam and West Bengal during March, April and May. The association said that in these two states, the total loss of production during the three ...
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Toyota Kirloskar Motor to resume production at Bidadi plant from May 26 Toyota Kirloskar Motor will resume production in a phased manner at its manufacturing plant located in Bidadi, near Bengaluru, from May 26. The plant activities will restart as per the guidelines provided by the central and state governments. The operations at ...
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Malls Lose Rs 90000 Crore in 2 Months, SCAI Seeks Adequate Relief In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry. Published: May 25, 2020 9:05 PM IST. By IANS Email. Facebook share; Twitter share · Share on ...
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Amazon is trying to break India's food delivery market Asia is often difficult new ground for US tech giants tap – regardless of their ambitious global expansion plans. In a digital world, the physical distance of an ocean shouldn't seem to matter. But the fact is, in almost every market the continent has its own hungry ...
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Japanese beer maker Asahi to borrow US$11 billion to complete purchase of AB InBev's Australian business Asahi Group Holdings plans to borrow 1.19 trillion yen (US$11 billion) from Japanese lender Sumitomo Mitsui Banking Corporation to complete its long-brewing purchase of Anheuser-Busch InBev's Australian business. AB InBev, the world's largest brewer, ...
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Cult favourite US hard seltzer brand White Claw is coming to Australia, following a licensing deal with Lion Get ready: cult favourite seltzer brand White Claw is coming to Australia. Lion, which owns numerous beverage brands including XXXX, Tooheys and Hahn, has partnered with Mark Anthony Brands International to sell White Claw Hard Seltzer in Australia.
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Fiat Chrysler Nears $6.9 Billion State-Backed Loan From Intesa (Bloomberg) --. Lender Intesa Sanpaolo SpA is nearing approval of a 6.3 billion-euro ($6.9 billion) credit facility for Fiat Chrysler Automobiles NV, in what would be Europe's biggest government-backed financing to a carmaker since the start of the coronavirus ...
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Kuwait Airways Flies To Ghana And Togo For The First Time Kuwait Airways doesn't normally have service to West Africa (or much of Sub-Saharan Africa at all). Instead, the airline focuses its attention on various European cities, destinations across the Indian sub-continent, and of course, the Middle East. However, in ...
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Discover How Infiniti Research's Custom Market Intelligence Solutions Helped a Canadian Steel Manufacturer Build ... LONDON--(BUSINESS WIRE)--Infiniti Research is the world's leading independent provider of strategic market intelligence solutions. Our market intelligence services are designed to connect your organization's goals with global opportunities. Today's ...
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