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Updated: 4 years 28 weeks ago
Charles Schwab reports strongest start to year as coronavirus fears grow
Charles Schwab reported the strongest start to a year with $45.3 billion in fresh assets under management during the first two months of 2020, driven by heightened volatility faced by equity markets amid the coronavirus outbreak.
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Apple says reopening all its branded stores in China
Apple Inc is reopening all 42 of its branded stores in China on Friday, a company spokesman said, more than a month after they were shut in the wake of the coronavirus outbreak.
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Oil prices set for biggest weekly drop since 2008
Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 4% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply.
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Wall Street bounces after worst day since 1987
U.S. stock indexes rebounded on Friday as investors bet on another round of fiscal easing to thwart a looming global recession in the face of the coronavirus pandemic.
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Xerox to postpone meetings with HP shareholders amid coronavirus scare
Xerox Holdings Corp, which is in a proxy fight for control of HP Inc, said on Friday it would postpone meetings with shareholders of the personal computer maker amid the coronavirus outbreak.
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Fidelity Investments urges employees to work from home
Fidelity Investments became the latest large financial firm to urge employees to work from home in order to slow the transmission of the coronavirus, according to a company memo.
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U.S. consumer sentiment drops in early February, coronavirus blamed
U.S. consumer sentiment fell in early March as households responded to the coronavirus pandemic and steep declines in stock market prices, a survey showed on Friday.
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Ukraine to block entry to residents registered in separatist-held areas to stop coronavirus spread
Ukraine's government at a televised meeting on Friday decided to ban citizens registered in separatist-held territory in the eastern Donbass region from entering government-controlled areas.
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U.S. Treasury chief sees short-term economic hit from coronavirus
U.S. Treasury Secretary Steven Mnuchin on Friday said he expected the U.S. economic hit from the coronavirus outbreak to be short-term, and that the Trump administration was keeping its options open for any other future steps that may be needed.
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Canada may soon advise against foreign travel - PM Trudeau
Canada may soon advise against non-essential foreign travel, and it will be taking a number of new measures at airports in a bid to slow the spread of coronavirus, Prime Minister Justin Trudeau said on Friday.
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Wall Street jumps after worst day since 1987
U.S. stock markets opened sharply higher on Friday after their worst daily selloff in more than three decades as investors hoped more fiscal easing would head off a global recession.
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Morocco suspends all passenger sea and air trips to France - state news agency
Morocco on Friday suspended all flights and passenger ship traffic to and from France, the state news agency said.
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No more nut rage: activist fund takes on family-controlled Korean Air
Days after photographs of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air's late patriarch, an activist fund received an unsolicited offer to help unseat the current chairman.
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Bulgaria declares state of emergency over coronavirus
Bulgaria declared a state of emergency on Friday through till April 13 to contain the spread of coronavirus after the number of confirmed cases in the Balkan country more than tripled to 23 over one day.
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World travel may shrink 25% on coronavirus in 2020, shed 50 million jobs - WTTC
The coronavirus epidemic is putting up to 50 million jobs in the global travel and tourism sector at risk, with travel likely to slump by a quarter this year, Asia being the most affected continent, the World Travel and Tourism Council said on Friday.
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Spain's coronavirus tally jumps to 4,209 cases, 120 dead
The Spanish health ministry said the number of coronavirus cases in the country jumped to 4,209 on Friday from Thursday's 3,004 e as the disease spread mostly in Madrid, the Basque Country and La Rioja regions.
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Sudan reports first coronavirus case
Sudan on Friday reported its first confirmed coronavirus case, a man who died on Thursday and had visited the United Arab Emirates in the first week of March.
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Dutch coronavirus infections rise by 188 to 804, deaths double to 10
The number of deaths in people with the coronavirus in the Netherlands has doubled to 10, Dutch health authorities said on Friday.
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Iranian security forces to empty city streets to fight coronavirus: IRNA
Iran's security forces will empty the streets of its cities in the next 24 hours in a drive to fight the spread of the new coronavirus, state television reported on Friday.
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Exclusive: France to allow some Huawei gear in its 5G network - sources
France will authorize the use of some of Huawei's equipment in the rollout of its 5G network, two sources close to the matter told Reuters, despite U.S. calls to exclude the Chinese telecoms giant from the West's next-generation communications.
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