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The Stock Exchanges in New York Started New Trading Week With Solid Gains
The stock exchanges in New York started the new trading week Monday with solid gains. Investors are backing cautiously positive comments from the government that the coronavirus outbreak appears to be stabilizing.
President Donald…
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Facebook Wants to Hire 10,000 New Employees This Year
Tech giant Facebook expects to recruit at least 10,000 new people this year, mainly for its product and development teams. That's what operational director Sheryl Sandberg told CNBC.
Sandberg was asked if Facebook could make a…
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IMF: Economic Recovery Dependent on Halting Virus
How deeply the economy sinks and how quickly it can recover depends on how immediately the coronavirus outbreak can be stopped.
That's what International Monetary Fund (IMF) chairman Kristalina Georgieva said at a G20 summit. The…
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British Government Wants to Take State Interest in Affected Companies
The British government is working on a plan to take a state interest in airlines and other companies hard hit by the corona crisis. The Financial Times writes this based on insiders.
According to the business newspaper, the British…
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American Express Cancels Financial Targets Due to Coronavirus Crisis
Credit card company American Express is dropping its financial goals for this year as customers are more cautious about spending due to the new coronavirus.
The American company expects profit for the current quarter to be lower…
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Middle East Stock Markets are Declining Despite Bank Support
Stock markets in the Middle East fell on Sunday despite support promised by central banks in recent days. The growing outbreak of the new coronavirus and the price war in the oil sector depressed sentiment.
The stock market in…
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Wall Street Again Undermined by Coronavirus Concerns
The stock markets in New York opened considerably lower on Friday, following the hefty price losses of a day earlier.
The fear of the new coronavirus continues to dominate Wall Street, now that the number of infections in the world…
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Coronavirus Makes Doing Business With South Korea More Difficult
After China, South Korea is the "next concern child" when it comes to supply problems related to the coronavirus.
According to the Evofenedex business association, which represents thousands of companies in the Netherlands, the…
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