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ICBC granted branch banking licence in New Zealand

The New Zealand Reserve Bank announced in a statement on Monday that it has registered Industrial and Commercial Bank of China Limited (ICBC) to provide banking services in New Zealand. ICBC will op

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Roundup: Italy records 222,104 coronavirus cases, as recoveries make over half of all cases

RA further 195 COVID-19 patients had died in the past 24 hours in Italy, bringing the country's death toll to 31,106, out of total infection cases of 222,104, according to fresh figures on Wednesday.

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Modulr raises £18.9M for its ‘Payments as a Service’

Modulr, the U.K. fintech that offers ‘Payments as a Service’ as an alternative to commercial and wholesale transaction banking, has secured £18.9 million in growth funding. Leading the rou

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Roundup: New York statewide closure amid pandemic to end on May 15

The U.S. state of New York will end its statewide closure on May 15 by reopening three regions where the COVID-19 pandemic has shown signs of mitigation, Governor Andrew Cuomo said Monday. Cuomo s

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Thailand to unveil list of business, leisure activities allowed to resume

Thailand's Center for COVID-19 Situation Administration (CCSA) announced on Monday that it will release a full list of business and leisure activities which will be al

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China's consumer market bounces back from COVID-19 impact

01:59 China's consumer market showed signs of accelerated recovery during the five-day May Day holiday that ended Tuesday amid further containment of COVID-19, the Ministry of Commerce

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Costco limits meat purchases as supply shortages loom under COVID-19

A staffer uses a loudspeaker to remind customers to wear masks and maintain social distance at a Costco supermarket in San Mateo County, San Francisco Bay Area, United States, April 22, 2020. /VC

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Nigeria reopens Lagos and Abuja as lockdowns ease in Africa

Nigeria began easing restrictions on Monday in Abuja, its capital, and Lagos, its largest city, marking the reopening of Africa's biggest economy after more than four weeks of lockdown.Nigeria has re

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The Latest: Italy sees new COVID-19 cases falling, ICU patients keep decreasing

Parliament members wearing face masks arrive at the parliament in Rome, Italy, April 30, 2020. (Photo by Alberto Lingria/Xinhua)A further 474 people had died of COVID-19 in Italy in the past 24 hours,

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Italy reports 207,428 COVID-19 cases, cautious ahead of easing lockdown

The coronavirus pandemic has claimed 28,236 lives in locked-down Italy, bringing the total number of infections, fatalities, and recoveries to 207,428, latest data from the country's Civil Protectio

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The Latest: Italy records 203,591 coronavirus cases, death toll at 27,682

Photo taken on April 21, 2020 shows the She-Wolf with Romulus and Remus statue in Rome, Italy.(Photo by Alberto Lingria/Xinhua)The daily death toll on Wednesday was 323, bringing the total to 27,682 f

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Cheetah, a restaurant wholesale app that pivoted to consumers for COVID-19, nabs $36M

A lot of restaurants have shuttered in the wake of stay-at-home guidance and government orders for non-essential businesses to close down, so a startup called Cheetah that provided a wholesale deliver

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WHO appeals for aggressive measures as European nations see silver linings in combating COVID-19

As more European nations are pondering next steps to ease restriction amid encouraging news, the World Health Organization (WHO) warned on Monday that the novel coronavirus remains "extremely dang

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Italy registers 199,414 coronavirus infections, death toll at 26,977

The coronavirus pandemic has claimed 26,977 lives in locked-down Italy, bringing the total number of infections, fatalities and recoveries so far to 199,414, according to the latest official tal

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Some countries and US states move to ease virus lockdowns

Some countries and U.S. states are starting to ease coronavirus lockdown restrictions and focus on fixing their battered economies.In Spain, the streets echoed again wi

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Italian PM announces plan to ease coronavirus lockdown

Italian Prime Minister Giuseppe Conte said Sunday that beginning on May 4, the manufacturing, construction, and wholesale sectors can go back to work. They will be followed by retailers, museums, ga

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Iran plans to reopen mosques in areas free of coronavirus: President

Iran plans to reopen mosques in parts of the country that have been consistently free of the coronavirus outbreak as restrictions on Iranians gradually ease, President