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Trump says U.S. states safely reopening despite warnings of virus resurgence

President Donald Trump said on Wednesday that U.S. states are safely starting to reopen businesses, even as some public health officials warned that relaxing restrictio

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Global COVID-19 Roundup: Poor countries face famine and unrest risks

Editor's note: This is the 44th article in the COVID-19 Global Roundup series. Here is the previous one. Sacks of wheat flour at a World Food Programme distribution center in Sanaa, Yemen. /Reute

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China calls U.S. suing against its handling of coronavirus 'malicious'

China's Foreign Ministry on Wednesday slammed the accusation of the U.S. that China should be responsible for the coronavirus pandemic that has affected over 2.56 milli

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U.S. Senate passes relief package to increase funding for small businesses amid COVID-19 fallout

The U.S. Senate on Tuesday passed a 484-billion-U.S.-dollar relief package that would increase funding for small businesses, hospitals and coronavirus testing as the COVID-19 fallout continues to r

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Pandemic is dealing European tourism 'staggering' blow

A man jogs on an empty street along the Seine River in Paris, France, April 4, 2020. /AP The European Union says its vaunted tourism industry is facing "staggering" figures of decline because

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U.S. oil price turning negative represents a great trial

A man wearing a face mask passes by gas pumps at a gas station in the Brooklyn borough of New York, the United States, April 20, 2020. /Xinhua Editor's note: Wu Jinduo is head of fixed income

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S. African president unveils $26 billion virus relief plan

President Cyril Ramaphosa delivers his State of the Nation address at parliament in Cape Town, South Africa, February 13, 2020. /Reuters South African President Cyril Ramaphosa on Tuesday anno

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Snap surges on earnings revenue beat and Q1 user gains

The coronavirus pandemic has presented plenty of challenges for ad-reliant social networks, but Snap made clear it was not yet feeling significant negative effects with its Q1 earnings release today.S

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8 top fintech VCs discuss COVID-19 trends, signals and opportunities

In recent years, fintech’s revolution has felt like a rising tide.Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the s

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Coronavirus has mutated into 33 strains, scientists warn vaccine developers

Researchers warn vaccine developers need to consider the impact of these "accumulating mutations... to avoid potential pitfalls".

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Global Business Daily: Oil crash, Euro jobs woe, Alibaba's $28bn move

"The real problem of the global supply-demand imbalance has started to really manifest itself in prices."Bjornar Tonhaugen, an analyst with Rystad Energy, told CGTN Europe why the West Texas Oil pric

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‘You have to be a moron to think libertarianism is real’

Could the coronavirus crisis — and the way different countries have responded — make Silicon Valley VCs more bullish on European startups? That’s the thesis put forward by Salman Ullah, co-found

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Trump's lethal political strategy is a stain on U.S. presidency

U.S. President Donald Trump speaks during a coronavirus task force briefing at the White House in Washington, April 19, 2020. /AP Editor's note:Mike Cormack is a writer, editor and reviewer m

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Zimbabwe extends COVID-19 lockdown by another 14 days

Zimbabwe extends its COVID-19 lockdown by another 14 days to May 3, President Emmerson Mnangagwa announced Sunday. The government imposed a 21-day lockdown from March 30 to curb the spread of COVI

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Dr. Fauci rejects conspiracy theory about the coronavirus origin

There are many conspiracy theories swirling around the COVID-19 crisis, but Dr. Anthony Fauci rejected a conspiracy theory that the novel coronavirus was created in a Chinese lab.Fauci, the leadin

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Luxury brands support Italy's medical workers

02:40 Italy is one of the world's worst hit countries by COVID-19.When the cases were piling up fast in February, the healthcare system was overwhelmed. People were rushing to hospital

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Instagram founders launch COVID-19 spread tracker Rt.live

Instagram founders Kevin Systrom and Mike Krieger have teamed up to launch their first product together since leaving the Facebook mothership. Rt.live is an up-to-date tracker of how fast COVID-19 is