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Global Business Daily: Oil slide, Apple expansion, BMW in China

"Our plant is back to a two-shift operation and we see a very strong recovery."That's Jochen Goller, the head of German car brand BMW's China operations. He gave an interview to CGTN Europe to explai

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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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Global Business Daily: Macron's caution, China GDP, Oxfam interview

"At the beginning, there [was] no available test to confirm the diagnosis."That's Ning Yi, the Chief Scientific Officer at Meinian One Health Group, who spoke to CGTN about why the COVID-19 death tol

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Global Business Daily: Renault quits China plan, UK 'to shrink by 35%'

"We are opening a new chapter in China. We will concentrate on electric vehicles."Francois Provost, chairman of the China region for Renault, said the end of the French manufacturer's partnership wit

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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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Global Business Daily: France and Germany in recession, Iran IMF plea

"We almost agreed but not quite yet. So it's a good message for now."That's Olaf Scholz, Germany's finance minister, speaking after a marathon meeting of the Eurogroup (the finance ministers from the

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Global Business Daily: EasyJet grounded, UBS dividend, Swedish bailout

"We are working tirelessly to ensure that easyJet continues to be well positioned to overcome the challenges of coronavirus."The words of easyJet CEO Johan Lundgren may be reassuring to travelers who

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Learning apps boom during pandemic lockdown

01:54 As the COVID-19 pandemic forces schools to close and anyone who can to work from home, one sector is benefitting: learning apps.Once the domain of travelers looking to pick up a

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Global Business Daily: Olympic deadline, bailouts, oil slide continues

"It's the biggest crisis... since the Second World War."Many people may have been thinking it – certainly here in London many people are invoking memories of wartime rationing and the "Blitz Spirit"

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Global Business Daily: Ventilators, Amazon and advertising drought

"I would like to inform you that I have tested positive for COVID-19. I am doing well and in good spirits."Businesses across Europe and the UK in particular will have been shocked to see Michel Barni

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Global Business Daily: Alibaba bounce, crisis budget, Etihad upbeat

"This budget gets it done."I've only written it once, but UK finance minister Rishi Sunak repeated the phrase several times in the House of Commons, as he set out his fiscal plan for the next six mon

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Global Business Daily: MEPs' fury, stocks regain ground, panic buying

"Italy and the ltalians cannot die of the virus because of budget constraints."It got heated today in Brussels, at the European Parliament's plenary session, and no more so than when Italian MEP Mara

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Global Business Daily: Oil falls, Grindr sold, ECB crisis drill

"Europemustproveitspoliticaleffectiveness... Ithinktherewillbeabefore and after the coronavirusinthehistoryoftheglobaleconomy."That was Bruno Le Maire, France's finance minister, discussing how Europ

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Global Business Daily: COVID-19 banking; EU-UK talks; Hyundai falls

"The borders of Greece are the external borders of Europe. We will protect them... do not attempt to enter Greece illegally – you will be turned back."Greece's prime minister, Kyriakos Mitsotakis, ma

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Global Business Daily: Heathrow, InBev, and Aston Martin

"This is the first step in new way of looking at aviation, where we go for the most competitive and the least polluting options."That's Conservative member of the UK parliament Adam Afriyie, who was

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Global Business Daily: Space travel, a Disney reshuffle and Italy woes

"It's a five star luxury hotel, so they are not in squalid conditions at all, but they are required to keep themselves to themselves." That's the situation facing holidaymakers who have been quaranti

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Global Business Daily: Talks begin, COVID-19 continues, Fashion costs

"There cannot be a free trade agreement that doesn't protect the interests of our employees... This must be made clear to our British counterparts."Michael Roth, German minister for European affairs,