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Daily Crunch: Airbnb takes a $1B loan

Airbnb takes on new debt as it adapts to a world without tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality.Here’s your Daily Crunch for April 15, 2020.1. A

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As stocks recover, private investors aren’t buying the hype

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we need to talk about what we’re hearing from the private markets and

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This venture firm is offering fast funding in a time of uncertainty

The early-stage venture firm NFX is launching a seed-funding initiative today that invites founders to apply for seed funding of $1 million to $2 million in exchange for 15% of their company.Why is th

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Ofcom assesses TV presenter Eamonn Holmes' 5G conspiracy comments

The ITV presenter had said it was "very easy" to dismiss the theory "because it suits the state narrative".

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Canada's nursing homes to see more coronavirus deaths

A body is removed from the Center d'hebergement de Sainte-Dorothee in Laval, Quebec, Canada, April 13, 2020. /Reuters Canada's nursing homes, which already have seen almost half the country's

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Australia records continued drop in new COVID-19 cases after Easter holidays

New cases of COVID-19 in Australia continued to decline as of Tuesday, as people returned from an unusually subdued Easter holiday weekend. State and federal leaders thanked Australians for most

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Stampede in Kenya as slum residents surge for food aid

Thousands of people surged for food aid in a brief stampede Friday in Kenya's capital, desperate for help as coronavirus restrictions keep them from making a living. Po

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Global Business Daily: EU aid package, G20 to talk oil, French capital

"Europe has shown that it can rise to the occasion of this crisis."A sense of relief was palpable in French finance minister Bruno Le Maire's statement after European Union finance ministers reached

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Roundup: Europe sees hope, WHO chief warns against politicizing virus

A resident is seen on a shopping street in the city of Sceaux, a southern suburb of Paris, France, April 8, 2020. (Photo by Aurelien Morissard/Xinhua) The coronavirus pandemic had claimed some 65,000

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China, France support WHO in playing due role in COVID-19 fight: FMs

China and France support the World Health Organization (WHO) in playing its due role in combating COVID-19, said Chinese State Councilor and Foreign Minister Wang Yi and French Foreign Minister Jean-

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Europe sees hope, WHO chief warns against politicizing virus

Over two months after Europe confirmed its first COVID-19 case, latest data started to show encouraging signs of the pandemic abating, bringing a glimmer of hope to th

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Global Business Daily: UK overdrafts, 'unthinkable' to write off debt

"HM Treasury and the Bank of England have agreed to extend temporarily the use of the ... long-established Ways and Means facility."That's from a joint statement from the UK government and its centra

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COVID-19 fatality rate estimated to be 10 times higher than influenza: WHO chief

The fatality rate of COVID-19 is estimated to be 10 times higher than influenza, World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said here on Thursday. Speaking at a

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Google subsidiary agrees to pursue internet “diversification” in Asia to block China access to U.S. market

The global internet continues to disintegrate into regional internets.Yesterday, the FCC authorized a Google subsidiary, GU Holdings, to open a submarine fiber optic link between the U.S. and Taiwan,

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Roundup: Coronavirus fells 17,669 in Italy as expert warns it is too soon to end lockdown

The coronavirus pandemic has claimed 17,669 lives in locked-down Italy as of Wednesday, bringing the total number of infections, fatalities and recoveries to 139,422 si

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Stocks rally again as new COVID-19 cases show signs of slowing

All major indices rose Wednesday, led by the Dow Jones Industrial Average, which increased 3.44% to close above 23,000 for the first time since March 13.Investors seemed heartened by comments made by

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Call for common EU approach to apps and data to fight COVID-19 and protect citizens’ rights

The European Commission has responded to the regional scramble for apps and data to help tackle the coronavirus crisis by calling for a common EU approach to boost the effectiveness of digital interv