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S&P 500 hits 10-week high on vaccine hopes and stimulus promise
NEW YORK (Reuters) – U.S. stocks jumped on Monday, and the S&P 500 reached a 10-week high, on encouraging early-stage data for a potential coronavirus vaccine and on the promise of more stimulus...
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Global shares, oil rally as lockdowns ease, vaccine hopes
NEW YORK (Reuters) – A gauge of global equity markets surged 3% on Monday and oil rallied to highs last seen in mid-April as data from an early-stage trial for a coronavirus vaccine lifted hopes of a...
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Australia and China spat over coronavirus inquiry deepens
SYDNEY (Reuters) – Australia and China traded barbs on Tuesday in an increasingly acrimonious diplomatic spat over Australia’s support for a global inquiry into the origins of the coronavirus...
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An easing of coronavirus prevention measures helps China’s auto plants rev up
YUYAO, China/SHANGHAI (Reuters) – In the eastern Chinese city of Yuyao, a group of five face-masked workers at a Geely auto plant, stood almost shoulder to shoulder behind an SUV as they conducted...
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Electric car sales to fall, but not as much as other vehicles: research
FRANKFURT (Reuters) – Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday,...
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Amid rising talk of negative rates, policies in Japan, Europe get subtle tweaks
TOKYO/FRANKFURT/WASHINGTON (Reuters) – After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the euro zone and Japan are...
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Republicans put brakes on new coronavirus aid bill in U.S. Congress
U.S. Senate Majority Leader Mitch McConnell (R-KY) speaks to reporters as Senator John Thune (R-SD) listens following a closed Senate Republican policy lunch meeting with U.S. President Donald Trump...
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U.S. to mandate new safety-management tools for aircraft makers
FILE PHOTO: An employee walks past a Boeing 737 Max aircraft seen parked at the Renton Municipal Airport in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON (Reuters) – The...
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Explainer: Do children spread COVID-19? Risks as schools consider reopening
(Reuters) – As countries begin to emerge from shutdowns imposed during the coronavirus pandemic, the issue of how the virus affects children and whether schools should be reopened is taking on...
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Johnson & Johnson to stop selling talc-based Johnson’s Baby Powder in U.S.,...
FILE PHOTO: Bottles of Johnson’s baby powder are displayed in a store in New York City, U.S., January 22, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Johnson and Johnson on Tuesday said it...
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Exclusive: Huge fentanyl haul seized in Asia’s biggest-ever drugs bust
(This May 18 story corrects to show Zaw Lin could not confirm which country the methylfentanyl came from, not declined to identify it, paragraph 25.) Weapons, ammunition, alongside bags of crystal...
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Russia says many coronavirus patients died of other causes. Some disagree
MOSCOW (Reuters) – Before she died in a Moscow hospital earlier this month, Liubov Kashaeva, 74, twice tested positive for the new coronavirus. Her death was not attributed to the virus, however. It...
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Mining companies rush to shield indigenous communities from coronavirus
MELBOURNE (Reuters) – Big mining companies that rely on indigenous workforces or operate near remote communities have acted fast to curb the spread of the coronavirus and avoid a public health crisis...
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Johnson & Johnson to stop selling talc baby powder in U.S. and Canada
(Reuters) – Johnson & Johnson on Tuesday announced it would stop selling its talc Baby Powder in the United States and Canada, saying demand had dropped in the wake of what it called...
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Cyclone kills 14 in India, Bangladesh leaving trail of destruction
KOLKATA/DHAKA (Reuters) – A powerful cyclone pounded eastern India and Bangladesh on Wednesday, killing at least 14 people and destroying thousands of homes, officials said, leaving authorities...
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Michigan flooding forces thousands to flee, threatens chemical plant
MIDLAND, Mich. (Reuters) – Rising floodwaters unleashed by two dam failures submerged parts of the central Michigan town of Midland on Wednesday, displacing thousands of residents and threatening to...
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Mastercard to allow staff to work from home until COVID-19 vaccine hits...
(Reuters) – Mastercard Inc will not ask staff to return to its worldwide corporate offices until a vaccine is available for the sometimes fatal coronavirus that has infected the globe, a senior...
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Brazil coronavirus outbreak worsens as country could soon be No. 2 in cases
RIO DE JANEIRO/SAO PAULO (Reuters) – Brazil’s coronavirus outbreak worsened on Wednesday and the South American nation could soon have the second-highest number of cases in the world as the Health...
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Exclusive: A quarter of Americans are hesitant about a coronavirus vaccine –...
(Reuters) – A quarter of Americans have little or no interest in taking a coronavirus vaccine, a Reuters/Ipsos poll published on Thursday found, with some voicing concern that the record pace at which...
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Backlogs, second wave of layoffs keeping U.S. weekly jobless claims high
FILE PHOTO: People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fayetteville, Arkansas,...
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