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Updated: 4 years 26 weeks ago
Olympics: Tokyo 2020 wheelchair rugby test event canceled over coronavirus
This month's wheelchair rugby test event has been canceled due to the coronavirus outbreak, Tokyo 2020 organizers said on Tuesday.
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Toyota names new finance chief in executive shake-up
Toyota Motor Corp named Kenta Kon as its next chief financial officer on Tuesday and said it would scrap executive vice president (EVP) roles as part of a drive to streamline the company's structure, improve production systems and cut costs.
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Rebound rumbles on as G7 send support signal
Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signaled a united front to address the economic fallout from the spreading outbreak.
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Tokyo 2020 Wheelchair rugby test event canceled over coronavirus concerns
The Japan Para Sports Association and Tokyo 2020 Olympic and Paralympic organizers moved to cancel this month's wheelchair rugby test event on Tuesday due to the coronavirus outbreak.
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Amazon adds warehouse network closer to cities to speed up same-day delivery
Amazon.com Inc has quietly opened a series of small warehouses closer to big U.S. cities in a move to shave hours off delivery times, the company told Reuters.
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Toyota announces new CFO in executive shake-up
Toyota Motor Corp said on Tuesday Kenta Kon will become its chief financial officer and the roles of some executives will be consolidated, as the Japanese automaker attempts to improve its production systems and cut costs further.
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Foxconn to resume normal production in virus-hit China by end of March
Apple supplier Foxconn said it would resume normal production in China by the end of the month and that more than half its seasonal workforce in the country had restarted work following the coronavirus outbreak.
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Global shares extend recovery on hopes of policy easing, eye G7 for cues
Global stocks and oil prices extended gains on Tuesday as policymakers indicated their willingness to help ease the economic fallout from the coronavirus, while worries about the outcome of a call by Group of Seven heads kept a lid on gains.
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Lindt posts higher profit, 75% jump in dividend
Switzerland's Lindt & Spruengli proposed a sweeter payout to shareholders on Tuesday with a proposal to increase its divided by 75% to mark its 175th anniversary, the chocolate maker said on Tuesday.
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UBS's Ermotti nominated to become Swiss Re chairman in 2021
Swiss Re said it will nominate UBS Group Chief Executive Sergio Ermotti to be its next chairman, the Swiss reinsurer said on Tuesday.
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UBS's Ermotti to become Swiss Re chairman
Swiss Re said it will nominate UBS Group Chief Executive Sergio Ermotti to be its next chairman, the Swiss reinsurer said on Tuesday.
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Global shares extend rebound on policy easing hopes, eye G7 for cues
Global shares and oil prices extended their rebound on Tuesday as policymakers indicated their willingness to move to ease the economic fallout from the coronavirus, while investors waited for a conference call by Group of Seven heads for trading cues.
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Xerox, HP blame each other as takeover battle heats up
U.S. printer maker Xerox Holdings Corp took its $35 billion bid for HP Inc to the U.S. personal computer maker's shareholders on Monday, with a formal tender offer and a rebuttal to HP's account of why they could not negotiate a deal.
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Think-tank report on Uighur labor in China lists global brands
Tens of thousands of ethnic Uighurs were moved to work in conditions suggestive of "forced labor" in factories across China supplying 83 global brands, an Australian think tank said in a report released on Sunday.
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Oil extends gains as hopes of stimulus, OPEC cuts offset virus
Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.
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Apple to pay up to $500 million to settle U.S. lawsuit over slow iPhones
Apple Inc has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries.
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Global shares extend rebound on hopes of G7 support
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus, ahead of a conference call by Group of Seven heads.
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Tencent extends warranty for Nintendo Switches in China as virus hits sales
Chinese tech giant Tencent said on Tuesday it would extend warranty for Nintendo Switches purchased in China via official channels before March 31 by six months as sales have been hit by the coronavirus outbreak.
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Musk tweets support for Dorsey remaining as Twitter CEO
Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc's chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role.
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Facebook pulls out of South by Southwest festival over coronavirus fears
Facebook Inc is pulling out of this year's South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday.
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