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French gov't promises 18 bln euros in aid for pandemic-hit tourism sector

French Prime Minister Edouard Philippe on Thursday announced a package of measures totalling 18 billion euros (about 19.44 billion U.S. dollars) to rescue the tourism sector which was hit hard by th

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VCs pulled back from fintech in Q1

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.If you just read the headlines, you’d be excused for thinking that venture c

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Singapore’s logistics startup Ninja Van raises $279M

Ninja Van, a Singapore-based logistics startup, has secured an additional $279 million in fresh funding as it works to scale its operations to keep up with the surge in e-commerce deliveries in six So

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Ireland launches 6.5 billion euro coronavirus business package

FILE PHOTO: An empty street with construction cranes is seen as the spread of the coronavirus disease (COVID-19) continues, in Dublin, Ireland, April 25, 2020. Picture taken April 25, 2020. /REUT

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Ireland unveils 6.5 billion euro coronavirus business package

Ireland will allow firms impacted by the coronavirus crisis to warehouse tax liabilities for 12 months, offering a "lifeline" as part of an additional package of business supports that could reach

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PBOC survey: 53% of people said they were focused on 'more savings'

Fifty-three percent of urban depositors surveyed by the China's central bank, said they prefer to focus on their savings during these uncertain times.China's central bank, People's Bank of China (

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Tech titans Apple and Microsoft propel Wall Street rally

A man crosses a nearly deserted Nassau Street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19)

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Green shoots for software companies

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.This morning we’re hunting up “green shoots” for software compan

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Symphony concert staged at Chinese museum goes live online

The Xi'an Symphony Orchestra (XSO) on Saturday evening staged an online concert at the Shaanxi History Museum in Xi'an, capital of northwest China's Shaanxi Province. From Bela Kovacs' Hommage

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U.S. COVID-19 strategy failing the poor: UN expert

The poor in the United States are being hit hardest by the COVID-19 pandemic and the U.S. COVID-19 strategy is failing the poor, a UN human rights expert said Thursday

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Trump says had good call with Russia's Putin, Saudi king on oil

U.S. President Donald Trump said on Thursday he had a good conversation with Russian President Vladimir Putin and Saudi King Salman and expected that the Organization of the Petroleum Exporting Co

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Wall Street rallies more than 7% after last week's sell-off

U.S. stocks surged on Monday with all three major averages closing up more than seven percent, after a setback in the previous week amid the COVID-19 pandemic.The Dow Jones Industrial Average soared

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Kremlin says Russia is ready for oil market cooperation

Moscow is ready to coordinate with other leading oil exporting countries to help to stabilise the global oil market, the Kremlin said on Monday.Kirill Dmitriev, head of

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Open banking fintech Yapily raises $13M Series A

Yapily, one of a number of fintech startups that offer an opening banking API to let enterprises, such as financial service providers and merchants, connect to banks, has raised $13 million in Series

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Charitable trust launches gaining steam amid epidemic

Launches of charitable trusts are growing in China as many trust firms leverage their expertise to improve the efficiency of donation use in the fight against the nove

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Human rights situation deteriorating in U.S.: report

The human rights situation in the United States has been deteriorating in recent years, according to the Record of Human Rights Violations in the United States in 2019 released Friday. The report was

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Russia can weather low oil prices for up to 10 years

VCG Russia's Finance Ministry on Monday proclaimed that the country can manage its revenue shortfall for the next six to 10 years if oil prices drop to a 25-30 U.S. dollars per barrel range th