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Global Business Daily: HSBC losses, oil casualties, Lufthansa talks

"The outlook for world economies in 2020 has substantially worsened in the past two months. The impact and duration of the COVID-19 crisis will likely lead to higher ECL [expected credit losses] and

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U.S. House panel launches inquiry into Trump's decision to halt WHO funding

U.S. House Committee on Foreign Affairs launched an inquiry into the Trump administration's decision to halt funding to the World Health Organization (WHO), committee

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Mike Pompeo turns his back on humanity by spreading a political virus

U.S. President Donald Trump listens as Secretary of State Mike Pompeo speaks about the coronavirus in the James Brady Press Briefing Room of the White House, April 8, 2020, in Washington. /AP

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German football waits for Chancellor Merkel raising her thumbs up

Germany's professional football clubs are ready to return to action as soon as receiving the approval from politics and health authorities. The 36 clubs of the first and second-tier approved an em

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Most discharged COVID-19 patients retesting positive show no symptoms: expert

Most of the discharged COVID-19 patients retesting positive in nucleic acid tests showed no obvious symptoms, and very few saw their symptoms worsen, a health expert s

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'Growth at risk' ought to be the new normal

A construction site in China. /VCG Editor's note:Wang Jianhui is thedeputy general manager of the research and development department at Capital Securities. The article reflects the author's o

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Could pandemic lead to famine?

Editor's note: Martin Ravallion is Professor of Economics at Georgetown University and a former director of the World Bank's research department. The article reflects the author's opinions and not

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Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown

Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered in place to slow dow

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Spotlight: COVID-19 to plunge LatAm into worst recession since Great Depression, say IMF, experts

Latin America will suffer its worst economic contraction since the Great Depression this year due to the impact of the novel coronavirus pandemic and the collapse of r

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Russia may use military resources to fight COVID-19: Putin

Russia may resort to its military resources in the fight against COVID-19 if the situation in the country continues to worsen, Russian President Vladimir Putin said Mo

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Lack of foreign capital compounds Iranians' difficulties amid pandemic

A woman wearing a face mask to protect against the novel coronavirus carries her shopping in northern Tehran, Iran, April 4, 2020. /AP Editor's note:Guy Burton is an adjunct professor at Vesal

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Self-management tips for suspected novel coronavirus patients

What should patients with mild novel coronavirus symptoms and asymptomatic people with a clear history of exposure do?The World Health Organization (WHO) provides some suggestions, and here are so

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Chinese lawmaker calls for improved health crisis response mechanism

02:50 China's annual political season – the Two Sessions – has been rescheduled due to the coronavirus outbreak. As the nation gradually gets back on track, Chinese lawmakers, includin

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COVID-19 is highlighting racial health disparities in the U.S.

Being black in America may be hazardous to your health, it has been said.In the age of COVID-19, that much seems to be true, judging from early data showing that the disease is hitting African Ame

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New cases further drop in Italy, Spain as France sees highest single-day deaths

A cyclist wearing a face mask is seen in Berlin, capital of Germany, April 6, 2020.(Photo by Binh Truong/Xinhua)-- Coronavirus cases in Italy reach 132,547, death toll

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Delay in strict social distancing to extend shutdown, worsen economy: BofA

The delay of introducing strong social distancing policies against novel coronavirus in many countries will extend the duration of shutdown and means a deeper confidenc

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Virus or hunger? – Asia's migrant workers' COVID-19 dilemma

As the global spread of the novel coronavirus intensifies, with countries going on lockdown and governments issuing stop-work orders, temporary migrant workers are bearing the brunt of it – with l