JOHANNESBURG (Reuters) -The African Union’s disease control body and World Health Organization on Thursday urged African countries not to waste COVID-19 vaccines donated to them, after confusion in Malawi and South Sudan about whether doses they received had expired. “My appeal to member states is: if we are doing our part to mobilise these vaccines, you do your part and […]
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New York (CNN Business)Bitcoin and its many peers have surged to new levels of popularity over the past year, but they’re still a mystery to many investors. With new “coins” cropping up all the time, it’s hard to keep track of what’s worth paying attention to and what might not be here to stay. Meanwhile, major companies are jumping on […]
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With the pandemic still raging across Europe there’s been a revival of interest and discussion about a concept borne out of the 2008 global financial crisis. Analysts, commentators and bank regulators are again talking about the dreaded “'doom loop'”. The pandemic has revived interest in the “doom loop” because European governments, like their counterparts elsewhere, have been gorging on debt […]
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London (CNN Business)Investors have rendered their verdict on the European Super League: it’s dead. Stock market gains made by breakaway clubs Juventus (JVTSF) and Manchester United (MANU) have been erased after all six English clubs that had committed to the controversial project decided to pull out late on Tuesday, followed by three more teams on Wednesday. Shares in Juventus dropped […]
Read more(Reuters) – Foodservice equipment manufacturer Middleby Corp said on Wednesday it would buy smaller rival Welbilt Inc for about $2.9 billion in an all-stock deal to beef up its commercial foodservice platform. The combined company will have about $3.7 billion in combined sales for 2020, with the commercial foodservice segment accounting for 73% of the total, the companies said in […]
Read moreARK Invest has been the talk of Wall Street over the last couple of years, outperforming the market and solidifying its place among the big players in the investments world. Cathie Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett. With famous investors and huge brokerage […]
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The Dow Jones Industrial Average dropped more than 250 points overnight on Wall Street as reopening plays declined. Australia's preliminary retail sales data for March is expected at 9:30 a.m. HK/SIN. Markets in India are closed on Wednesday for a holiday. In this article .AXJO .N225 SINGAPORE — Stocks in Asia-Pacific fell in Wednesday morning trade as a surge in […]
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TORONTO (Reuters) – Canada’s biggest city Toronto and neighboring Peel, both of which are in the midst of a third wave of COVID-19 infections, on Tuesday said they would order businesses to close if they had outbreaks involving five or more people, medical officials said.FILE PHOTO: The CN Tower stands at dusk above office buildings and condominiums in the downtown […]
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FAA clears Boeing 737 Max to fly again after deadly crashes Grady Trimble on Boeing 737 Max updates Boeing CEO Dave Calhoun can postpone his retirement party. The board of directors raised the mandatory retirement age for Calhoun, who was brought in at the height of the 737 Max jet crisis, from 65 to 70 just days after he turned […]
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