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Ferrari shuts down production at F1 factory amid ongoing pandemic

Charles Leclerc of Monaco drives Ferrari SF1000 during F1 Testing Day in Barcelona, Spain, February 28, 2020. /VCG Italian luxury carmaker Ferrari have suspended all production at their Formul

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S. African president declares national state of disaster following sharp rise in coronavirus cases

South African President Cyril Ramaphosa on Sunday declared a national state of disaster following a sharp increase in the number of coronavirus cases. Never has the co

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S.Korea reports 74 more COVID-19 cases, 8,236 in total

South Korea reported 76 more cases of the COVID-19 compared to 24 hours ago as of midnight Monday local time, raising the total number of infections to 8,236. The newl

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Uzbekistan closes schools, cancels public events after 1st COVID-19 case confirmed

Uzbekistan decided to shut down schools and universities for three weeks from Monday and cancel all public events after the country reported the first confirmed case o

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CDC issues new guidance against gatherings of 50 or more people for the next 8 weeks

The U.S. Centers for Disease Control and Prevention (CDC) has updated its guidance (also available in full below) regarding large group gatherings and events in light of the ongoing effort to combat t

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Roundup: LatAm countries expand measures to combat COVID-19 as cases rise over 400

A pedestrian wearing a face mask is seen in Mexico City, Mexico, March 14, 2020. (Photo by Francisco Canedo/Xinhua) The Costa Rican government announced the launch of an Internet platform where peop

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UK Dissuades People From Non-Essential Travel to US

The United States banned entry to people from 26 European countries this week in a bid to contain the epidemic. Vice President Mike Pence said restrictions will also be

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U.S. stock futures tumble after Fed slashes rates

NEW YORK, March 15 (Xinhua) -- U.S. stock futures plunged late Sunday after the Federal Reserve cut rates to near zero and unleashed additional measures amid the virus crisis. The U.S. central bank o

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U.S. Fed cuts rates to near zero amid coronavirus fears

The U.S. Federal Reserve on Sunday cut its benchmark interest rate by a full percentage point to near zero and will increase its bond holdings by at least 700 billion

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As social distancing measure, Starbucks temporarily shifts to ‘to go’ model in US and Canada

Beginning today, Starbucks is instituting a temporary move to a “to go” model for all of its locations in the U.S. and Canada. One of the more sweeping actions taken by a major food chain, the coffee

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US slashes federal interest rates in response to the coronavirus pandemic

The Trump administration has slashed federal interest rates as part of an effort to stabilize the economy following a rocky week on the financial markets.The U.S. Federal Reserve cut interest rates to

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UK to move to shielding over-70s in coming weeks: Health secretary

People wear masks as they travel on a tube in London, March 13, 2020. /AP The British government has called for a national effort similar to the one which helped the country survive during th

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S.Korea reports 1st double-digit growth of COVID-19 cases in 23 days

South Korea for the first time reported a double-digit growth of 76 more cases of the COVID-19, compared to 24 hours ago as of midnight Sunday local time, raising the total number of infections to 8

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Lockdown to be lifted for 'low COVID-19 risk' regions around Wuhan

More than 80 percent of the cities and counties around Wuhan have been permitted to terminate the weeks-long lockdown, announced health officials in Hubei Province, where Wuhan is located."For counti

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Apple to close retail stores outside Greater China region

Apple CEO Tim Cook visits an Apple store in Shanghai, China, October 9, 2018. Photo: VCG Apple will close retail stores around the world, except those in the Greater China region for two

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China issues health management plan for recovered COVID-19 patients

VCG With the number of COVID-19 recoveries increasing in China, the country's National Health Commission (NHC) has outlined a trial health management scheme to manage patients discharged from

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Indonesia's capital city closes schools for 2 weeks amid COVID-19 outbreak

Governor of the Indonesian capital city of Jakarta Anies Baswedan on Saturday said schools in the capital city will be closed for two weeks beginning on March 16, amid