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Updated: 4 years 29 weeks ago
LVMH to make disinfectant gels to aid French coronavirus fight
Louis Vuitton owner LVMH said on Sunday that its cosmetics unit would manufacture large quantities of hand disinfectant gel to help stave off a nationwide shortage across France as the coronavirus rapidly spreads.
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Germany tries to stop U.S. poaching German firm seeking coronavirus vaccine
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.
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Kraft Heinz ask employees to work from home; provide travel restriction
Kraft Heinz Co said on Sunday it has asked office employees to work from home as the coronavirus continues to spread.
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Haven assets losing their mojo in virus-stricken market
A rush to safety amid a massive drop in stocks has stretched prices for haven assets, leaving investors fewer places to hide in the wake of a freshly-minted bear market.
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Germany tries to stop U.S. from luring away firm seeking coronavirus vaccine
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.
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Germany tries to stop US from luring away firm seeking coronavirus vaccine
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.
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UK wants more ventilators, hospital beds as coronavirus spreads
Britain told manufacturers to ramp up the country's production of ventilators and ordered private hospitals to prepare for an overspill of patients from the public health service as the death toll from coronavirus grew on Saturday.
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Ford to shut Spanish factory for one week due to coronavirus outbreak
Ford said on Sunday it would shut its Spanish plant in the eastern region of Valencia for one week starting on Monday after three employees tested positive for coronavirus.
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Oil giants set work-at-home rules for offices, health checks for critical staff
Major energy companies in the United States imposed work-from-home rules for office staff and began health checks for remote or critical workers as coronavirus spread across the United States and threatened an industry reeling by falling demand and profits.
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Saudi Aramco's 2019 profit down 21%, cuts spending
Saudi Arabia's state oil giant Aramco said on Sunday its 2019 profit fell almost 21% due to lower crude oil prices and a drop in production volumes.
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Aramco to cut capital spending over coronavirus; 2019 profits plunge
Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, and also posted a plunge in profit for last year, missing forecasts in its first earnings announcement as a listed company.
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Factbox: Aramco 2019 profit drops, a week after shares fell below IPO
Saudi Arabia's state-run oil giant Saudi Aramco announced a drop in its 2019 profit of nearly 21% on Sunday, falling well below analysts' expectations just three months after selling shares to the public in a record-setting IPO.
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Nike to close all stores in U.S. and several other countries
U.S. sportswear giant Nike Inc said on Sunday it is closing all of its stores in the United States and several other countries to limit the spread of the coronavirus.
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Israel to use anti-terror tech to counter coronavirus 'invisible enemy'
Israel plans to use anti-terrorism tracking technology and a partial shutdown of its economy to minimize the risk of coronavirus transmission, Prime Minister Benjamin Netanyahu said on Saturday.
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Saudi Aramco to cut capital spending in 2020, posts drop in 2019 profit
Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, as it posted a 21% decline in 2019 net profit due to a drop in oil prices and production, its first earnings announcement as a listed company.
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American Airlines cutting international flights by 75% amid demand collapse
American Airlines Inc said Saturday it plans to cut 75% of its international flights through May 6 and ground nearly all its widebody fleet, as airlines respond to the global collapse in travel demand due to the coronavirus pandemic.
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Saudi Aramco's 2019 profit down 21% on weak oil price
Saudi Arabia's state oil giant Aramco said on Sunday its 2019 profit fell almost 21% due to lower crude oil prices and a drop in production volumes.
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Apple, some U.S. retailers close stores to contain virus
Apple Inc said it is closing all its retail stores, except those in Greater China, for the next two weeks to minimize the risk of coronavirus transmission, a move that was followed by several U.S. retailers on Saturday.
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American Airlines to suspend nearly all long-haul international flights starting March 16
American Airlines Group Inc on Saturday said it will implement a phased suspension of nearly all long-haul international flights starting March 16, amid reduced demand and travel restrictions due to the ongoing coronavirus outbreak.
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U.S. airlines start cutting flights due to UK, Ireland restrictions
United Airlines Co said late Saturday it would begin cutting flights to the United Kingdom after Washington expanded travel restrictions to Britain and Ireland, and Southwest Airlines moved toward flight cuts as the coronavirus outbreak sapped demand.
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