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Protection of previous infection or mRNA shots declines against Omicron: researchers

A previous SARS-CoV-2 infection protects against Omicron reinfection only 56 percent of the time, researchers found in a review of national data in Qatar.The immune res

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Nvidia preparing to walk away from Arm acquisition

Nvidia Corporation is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corporation after offering about $40 billion for the British company in 2020, Blo

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Palestinian president, Israeli defense minister hold rare talks

This combo file photos show Palestinian President Mahmoud Abbas (L) and Israel's Defense Minister Benny Gantz. /Getty Israel's Defense Minister Benny Gantz announced on Monday that Israel will

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S&P 500, Dow hit record highs as defensive shares shine

The benchmark S&P 500 and the Dow industrials hit record highs on Monday as investors moved into defensive sectors and stocks recovered from losses earlier in the sessi

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Biden aims for inoculating 70 percent of adult Americans by July 4

U.S. President Joe Biden is setting a new vaccination goal to deliver at least one dose to 70 percent of adult Americans by July 4, the White House said Tuesday, as the administration pushes to m

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Magnitude 5.9 earthquake strikes southwestern Iran

A magnitude 5.9 earthquake shook southwestern Iran along the Persian Gulf on Sunday, followed by over a dozen aftershocks, state TV reported.At least five people were i

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China's GDP expands record 18.3% in Q1 amid domestic, global demand recovery

China's gross domestic product (GDP) expanded at a record pace of 18.3 percent year on year during the first quarter of this year as it rebounded from a historic contra

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China's GDP expands 18.3 pct in Q1

China's gross domestic product (GDP) expanded at a record pace of 18.3 percent year on year during the first quarter of this year as it rebounded from a historic contraction a year earlier, data from

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Italy's economy seen growing 4.1% this year, business lobby says

A worker carries out sanitation operations for the Coronavirus emergency in Piazza dei Miracoli near to the Tower of Pisa in a deserted town on March 17, 2020 in Pisa, Italy. /Getty Images Ita

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Eurozone growth in 2021 to rebound less than expected

A worker at German manufacturer of silos and liquid tankers, Feldbinder Special Vehicles, moves rolls of aluminum at the company's plant in Winsen, Germany, July 10, 2018. /Reuters The eurozon

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U.S. December manufacturing PMI ends at six-year high: IHS Markit

Capitol Carbonic dry ice factory in Baltimore, Maryland, U.S., November 20, 2020. /CFP The U.S. manufacturing sector in Decemberexpanded at its fastest pace since September 2014, with a PMI of

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Post-Brexit deal risks erosion of UK workers' rights, think tank warns

European Commission President Ursula von der Leyen attends a press conference on the post-Brexit trade talks in Brussels, Belgium, Dec. 24, 2020. (Xinhua/Zheng Huansong) Britain's post-Brexit

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Oil giant Shell announces charge up to $4.5b in Q4

Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.In

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China's blue-chip index extends gains on healthcare, financials boost

China's blue-chip index ended higher for the fourth straight session on Thursday, powered by healthcare, consumer staples and financials sectors, on investor optimism over the swift recovery in the w

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Japan posts record run of export declines on soft U.S., China demand

Japan's exports fell in November, dashing expectations for an end to the two-year run of declines, largely due to weaker U.S.- and China-bound shipments, suggesting a slower pace of recovery for t

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U.S. tech giants face 6-10% fines as EU sets rules to curb power

Reuters Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines of 6-10 percent under the new draft EU rules to be announced

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Chinese yuan jumps to strongest and will likely continue

China's yuan climbed to the strongest in more than two years, and the trend is likely to continue, fueled by optimism on the country's economic recovery.The yuan jumped 0.31 percent to 6.5623 per dol