Archive de la categoría 'Internacional'. Publicado November 06, 2020 5:16 am (hora de la Ciudad de México).

Esta es una instantánea estática en el tiempo. Para conocer las últimas noticias sobre 'Internacional', consulte:  News Wire Mexico: Internacional →

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Malaysia plans extra $4.8 billion for special COVID-19 fund.

Malaysia's government plans to add a further 20 billion ringgit ($4.84 billion) to a new fund to deal with the coronavirus pandemic, Finance Minister Tengku Zafrul Abdul Aziz said on Friday.

Published by Reuters at November 06, 2020 4:50 am.

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ECB's De Guindos says Eurozone growth in fourth quarter will be negative.

European Central Bank Vice-President Luis de Guindos said on Friday that Eurozone growth will likely be negative in the fourth quarter, as countries have imposed new restrictions to the economic activity over the past weeks in a bid to slow the coronavirus contagion.

Published by Reuters at November 06, 2020 4:20 am.

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Wealthy countries edge towards global climate finance goal.

Wealthy countries have ramped up financing to help developing countries cut carbon emissions and cope with the impact of climate change, although it is unclear if they will meet their goal of $100 billion this year.

Published by Reuters at November 06, 2020 4:10 am.

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Amid coronavirus carnage, one German travel tech startup goes for growth.

Many of Europe's travel tech companies have suffered setbacks as the coronavirus pandemic has forced governments to restrict people's movements, but amid the carnage one German startup is pushing ahead with its growth plans.

Published by Reuters at November 06, 2020 4:00 am.

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Tesla unveils 'Tesla Tequila' for $250, product sold-out on website.

Tesla Inc Chief Executive Officer Elon Musk finally made good on his promise to sell "Tesla Tequila" - two years after teasing the effort in a tweet, and the $250 bottle quickly flew off the virtual shelf.

Published by Reuters at November 06, 2020 3:50 am.

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Denmark has found 214 people infected with mink-related coronavirus: State Serum Institute.

Denmark's State Serum Institute, which deals with infectious diseases, has found mink-related versions of coronavirus in 214 people since June, according to a report on its website updated on Nov. 5.

Published by Reuters at November 06, 2020 3:45 am.

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Germany's confirmed coronavirus cases rise by 21,506: RKI.

The number of confirmed coronavirus cases in Germany increased by 21,506 to 619,089, data from the Robert Koch Institute (RKI) for infectious diseases showed on Friday. The reported death toll rose by 166 to 11,096, the tally showed.

Published by Reuters at November 06, 2020 3:35 am.

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Oil operators get DUCs in a row, adding fracking crews to boost output.

U.S. frackers are bringing back equipment even as oil prices languish around $40 a barrel in a bid to boost production and tap into a backlog of drilled wells left uncompleted (DUCs) when oil prices crashed earlier this year.

Published by Reuters at November 06, 2020 3:25 am.

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Malaysia unveils expansionary budget to boost pandemic recovery.

Malaysia's government unveiled an expansionary budget on Friday to spur activity in an economy badly hit by the COVID-19 pandemic, amid uncertainty over the stability of the ruling coalition.

Published by Reuters at November 06, 2020 3:20 am.

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Oil storage firm Vopak to boost 2020 investments.

Dutch oil and chemical storage company Vopak said on Friday it would accelerate its investments in the remainder of the year to expand its portfolio of terminals.

Published by Reuters at November 06, 2020 3:10 am.

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Vietnam opts for containment over 'high risk' rush for costly vaccine.

Vietnam will stick to its strategy of containing COVID-19 rather than rush to secure a supply of a vaccine that could be financially risky, the head of the country's coronavirus task force said on Friday.

Published by Reuters at November 06, 2020 2:35 am.

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Raiders fined $500,000, stripped of sixth-round draft pick for violating NFL's COVID-19 protocols, per report.

After multiple violations of the NFL's COVID-19 protocols, the Raiders were hit with the strongest penalties yet for any team.

Published by USA TODAY at November 06, 2020 2:31 am.

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Sharp reports 17% drop in second-quarter operating profit, beats analyst estimates.

Japan's Sharp Corp reported on Friday a 17.1% drop in second-quarter operating profit as the coronavirus pandemic continued to hurt sales of automotive displays and office printers.

Published by Reuters at November 06, 2020 2:30 am.

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German September industry output rises less than forecast as virus drags.

German industrial output rose by less than expected in September as the coronavirus crisis held back activity, data showed on Friday, suggesting Europe's largest economy may not have the strength of avoid a double dip.

Published by Reuters at November 06, 2020 2:20 am.

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Hong Kong leader Lam discussed coronavirus, economic relief with Beijing.

Hong Kong leader Carrie Lam said on Friday she had discussed coronavirus controls and economic relief measures with mainland Chinese officials during her three-day trip to Beijing and that the central government has welcomed her proposals.

Published by Reuters at November 06, 2020 2:15 am.

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EU Commissioner Breton sees 50/50 chance of Brexit deal.

There is a "50/50" chance that Britain and the European Union will be able to reach a deal over the terms of Britain's exit from the bloc, EU Internal Market Commissioner Thierry Breton said on Friday.

Published by Reuters at November 06, 2020 2:10 am.

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Russian weapons maker Kalashnikov acquired by former government official.

A former Russian deputy transport minister has acquired a controlling stake in weapons maker Kalashnikov, the company said on Friday.

Published by Reuters at November 06, 2020 2:00 am.

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Road leading to Florida high school where Trayvon Martin attended now named after him.

A section of South Florida road now bears the name of the Black teenager whose 2012 death sparked a movement for social justice.

Published by USA TODAY at November 06, 2020 1:58 am.

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China's central bank says Ant's IPO suspension is to safeguard consumer, investor interests.

The decision to suspend Ant Group's planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior central bank official said on Friday.

Published by Reuters at November 06, 2020 1:40 am.

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What to stream this weekend: Netflix's 'Operation Christmas Drop,' 'Proxima,' 'Triggered'

New films are opting for streaming amid the pandemic. Out this weekend: Netflix debuts 'Operation Christmas Drop,' Eva Green goes cosmic in 'Proxima.'

Published by USA TODAY at November 06, 2020 1:33 am.

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What you need to know about the coronavirus right now.

Here's what you need to know about the coronavirus right now:

Published by Reuters at November 06, 2020 1:30 am.

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China's central bank says it won't be hasty with policy changes.

China's central bank will consider policy changes as the economy recovers, but it will not make hasty moves and any shifts would be based on accurate economic assessments, a vice governor of the People's Bank of China (PBOC) said on Friday.

Published by Reuters at November 06, 2020 1:20 am.

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Explainer: How thousands in China got infected by brucellosis in one single outbreak.

Brucellosis, a bacterial disease with flu-like symptoms, has infected more than 6,000 people in a single outbreak in northwestern China.

Published by Reuters at November 06, 2020 1:10 am.

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German factories expect to churn out less in coming months: Ifo.

Production expectations for the mighty industrial sector of Europe's largest economy have weakened somewhat for the coming months, Germany's Ifo institute said on Friday, adding that it was unclear what impact lockdown measures would have.

Published by Reuters at November 06, 2020 12:50 am.

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Allianz posts surprise 6% rise in third-quarter net profit.

German insurer Allianz on Friday posted an unexpected 6% rise in net profit in the third quarter from a year earlier, despite pressure on business from the pandemic but again shied away from updating its full-year profit guidance.

Published by Reuters at November 06, 2020 12:45 am.

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Honda doubles profit forecast, boosted by China rebound.

Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.

Published by Reuters at November 06, 2020 12:35 am.

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Mexico's health ministry confirms 544 new coronavirus deaths.

Mexico's health ministry reported on Thursday 5,567 additional coronavirus cases and 544 more deaths, bringing the official number of cases to 949,197 and the death toll to 93,772.

Published by Reuters at November 06, 2020 12:30 am.

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Breakingviews - Alibaba will feel the Ant sting.

Alibaba is starting to feel the Ant sting. The e-commerce giant's ties to the reeling financial technology company are weighing on its $780 billion valuation. A suspended initial public offering and Beijing's new credit rules have hit just as growth at Alibaba's core shopping...

Published by Reuters at November 06, 2020 12:25 am.

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Sinopec's Beihai to complete refining structure upgrade in June 2021.

Sinopec's <600028.SS> <0386.HK> Beihai refinery is expected to complete its refining structure upgrade project in June 2021, three months behind schedule, the company said on Friday.

Published by Reuters at November 06, 2020 12:20 am.

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Australia's Victoria completes full week with no COVID-19 cases.

Australia's Victoria state reported its seventh consecutive day of zero locally transmitted COVID-19 cases on Friday, suggesting a three-month strict lockdown in the city of Melbourne has successfully contained a second wave outbreak.

Published by Reuters at November 06, 2020 12:10 am.

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Sensex, Nifty gain on Reliance boost, set for best week since June.

Indian stocks rose on Friday, boosted by shares of the country's most valuable company Reliance Industries after it secured more funding for its retail business, with the indexes being on track for their best weekly performance in five months.

Published by Reuters at November 06, 2020 12:00 am.

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Toyota more than doubles full-year profit outlook.

Toyota Motor Corp <7203.T> more than doubled its full-year operating forecast on Friday amid a rebound in sales in China that were hit by the coronavirus pandemic earlier this year, even as it reported second-quarter operating profit slid 24%.

Published by Reuters at November 05, 2020 11:50 pm.

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China's exports seen maintaining momentum; import growth cools: Reuters poll.

China's foreign trade is expected to have grown quite strongly in October due to a recovery in global markets and the domestic economy, a Reuters poll showed, but there are fears that the coronavirus upsurge overseas could slow trade in coming months.

Published by Reuters at November 05, 2020 11:45 pm.

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Volkswagen CEO says will tweak strategy to maintain electric, autonomous push.

Volkswagen will tweak its strategy to maintain investment momentum for developing electric and autonomous cars as it tries to make up for lost revenues caused by the coronavirus pandemic, the company's chief executive said.

Published by Reuters at November 05, 2020 11:30 pm.

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Celltrion's COVID-19 antibody drug cut recovery time-early study.

South Korean drugmaker Celltrion Inc said on Friday patients treated with its experimental COVID-19 antibody drug in a small-size early-stage trial showed at least a 44% improvement in recovery time.

Published by Reuters at November 05, 2020 11:20 pm.

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Regeneron hopes U.S. will authorize coronavirus antibody drug soon.

REUTERS - Regeneron Pharmaceuticals Inc said U.S. health regulators were doing a careful analysis of its experimental antibody cocktail to treat COVID-19 and that it was hopeful the drug could be authorized for emergency use in the country soon.

Published by Reuters at November 05, 2020 11:10 pm.

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AstraZeneca's COVID-19 vaccine to begin clinical trials in China - executive.

AstraZeneca Plc plans to start early and mid-stage clinical trials of its COVID-19 vaccine candidate in China this year, a senior executive said on Friday, as it prepares a global rollout of the vaccine.

Published by Reuters at November 05, 2020 10:55 pm.

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Japan's Takeda eyes new focus on vaccines after OTC asset sales - CEO.

Japan's Takeda Pharmaceutical Co is looking at making vaccines a core business after completing asset sales to lower debt following its takeover of Shire Plc, Chief Executive Christophe Weber said.

Published by Reuters at November 05, 2020 10:50 pm.

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Japan to open English-speaking support office to lure foreign asset managers.

Japan will open an English-speaking support office for foreign asset management firms seeking to do business in the country in January, Finance Minister Taro Aso said on Friday, as it aims to boost the country's standing as a global financial centre.

Published by Reuters at November 05, 2020 10:45 pm.

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Ford's Chinese ventures October sales jump as SUVs, vans lead demand recovery.

Ford Motor Co's Chinese ventures reported higher vehicle sales for October from a year earlier, as strong demand for sport-utility vehicles (SUVs) and vans continued to support its recovery in the world's biggest auto market.

Published by Reuters at November 05, 2020 10:40 pm.

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Toyota profit forecast more than doubles amid China pandemic rebound.

Toyota Motor Corp <7203.T> more than doubled its full-year operating profit forecast on Friday, as vehicle sales rebound in China from a coronavirus pandemic squeeze earlier this year that contributed to a 24% slide in second-quarter earnings.

Published by Reuters at November 05, 2020 10:35 pm.

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Japan foreign min Motegi: RCEP talks are in final stages.

Japanese Foreign Minister Toshimitsu Motegi said on Friday that talks for the Regional Comprehensive Economic Partnership (RCEP) trade pact were in their final stages.

Published by Reuters at November 05, 2020 10:30 pm.

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Asian shares at near three-year peak; dollar, U.S. yields head south.

A gauge of Asian shares rallied to a near three-year peak while the dollar stayed sluggish and U.S. bond yields slipped on Friday in anticipation that a divided U.S. legislature would limit major policy changes and keep the status quo on economic policies.

Published by Reuters at November 05, 2020 10:25 pm.

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Mink 'good reservoirs' for COVID-19, Denmark shows courage in cull - WHO.

Mink appear to be susceptible to the new SARS-CoV-2 virus and "good reservoirs" for the disease, with a mutated strain having caused infections in a dozen people in Denmark, a World Health Organization official said on Thursday.

Published by Reuters at November 05, 2020 10:20 pm.

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China expects service imports to reach $2.5 trillion over five years: Shanghai Securities News.

China's Ministry of Commerce expects the country's service imports to reach $2.5 trillion over the next five years, the official Shanghai Securities News said, citing a report from the ministry.

Published by Reuters at November 05, 2020 10:00 pm.

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Condo Prices Drop 9% in San Francisco, All-Time Record Inventory Glut Piles Up.

The glut is in neighborhoods with condo towers, particularly where the construction boom has been. Neighborhoods with low-rise buildings are less impacted.

Published by Wolf Street at November 05, 2020 9:57 pm.

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Dodgers' Betts leads Silver Slugger winners.

Mookie Betts, after winning a World Series ring in his first season with the Los Angeles Dodgers, keeps adding to his hardware haul.

Published by Reuters at November 05, 2020 9:30 pm.

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Top $5 trillion investor group pushes firms to cut out thermal coal.

Some of the world's largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including possible divestment.

Published by Reuters at November 05, 2020 9:20 pm.

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F1 eases off on Miami race but remains 'actively engaged'

Formula One is still hoping for a race in Miami but the COVID-19 pandemic has slowed things down, chairman Chase Carey said on Thursday.

Published by Reuters at November 05, 2020 9:15 pm.

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China reports 36 new coronavirus cases for November 5 vs 28 a day earlier.

China reported 36 new coronavirus cases in the mainland for Nov. 5 compared to 28 cases a day earlier, the health commission said on Friday.

Published by Reuters at November 05, 2020 9:10 pm.

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Square third-quarter profit tops estimates, shares up 7%

Square Inc shares rose 7% in extended trading on Thursday after the company's third-quarter profit beat estimates, helped by growth in online payments and its consumer business Cash App.

Published by Reuters at November 05, 2020 9:00 pm.

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Japan's household spending, wages slump as COVID-19 pain lingers.

Japan's household spending slumped in September from a year earlier and real wages slid for the seventh straight month, data showed on Friday, a sign sluggish domestic demand will continue to drag on any recovery in the world's third-largest economy.

Published by Reuters at November 05, 2020 8:50 pm.

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U.S. coronavirus cases climb by record for second day in a row, up over 109,000.

Coronavirus cases in the United States surged by at least 109,757 on Thursday, according to a Reuters tally, the second consecutive daily record rise as the outbreak spreads in every region.

Published by Reuters at November 05, 2020 8:40 pm.

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Japan's Suga says stable currency moves 'extremely important'

Japanese Prime Minister Yoshihide Suga on Friday vowed to work closely with overseas authorities to keep currency moves stable, signalling his readiness to respond to any yen spike that threatens to derail the country's fragile economic recovery.

Published by Reuters at November 05, 2020 8:25 pm.

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South Korean 'sparrows' try to cap surge of throwaway plastic.

At a workshop in the South Korean capital, two environmental activists melt down old plastic bottle caps that thousands of volunteers known as "sparrows" have collected in a bid to fight a tide of plastic the novel coronavirus has helped unleash.

Published by Reuters at November 05, 2020 8:20 pm.

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AIG quarterly profit nosedives on catastrophe claims.

American International Group Inc reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and the COVID-19 pandemic.

Published by Reuters at November 05, 2020 8:15 pm.

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Exclusive: GM thinks bigger in China with plan to import full-size SUVs.

General Motors Co plans to sell full-size sport-utility vehicle (SUV) models in China for the first time, and will import a range of models to beef up its product lineup into the world's biggest car market, its China chief told Reuters.

Published by Reuters at November 05, 2020 8:10 pm.

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U.S. reports record increase in daily COVID-19 cases.

The United States on Thursday reported a record increase in new coronavirus cases for the second day in a row with at least 109,658 new infections, according to a Reuters tally.

Published by Reuters at November 05, 2020 7:58 pm.

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Australia's Macquarie sees first ever loss in investment banking unit, beats 1H21 guidance.

Australian financial conglomerate Macquarie Group Ltd on Friday reported its first-half profit dropped by nearly a third due to delayed deals and a rise in impairment charges that led to the first loss ever in its investment banking unit.

Published by Reuters at November 05, 2020 7:45 pm.

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UK reports 24,141 new COVID-19 cases, 378 deaths.

Britain reported 24,141 new cases of COVID-19 on Thursday and 378 deaths from the virus, slightly down on figures from the day before, government data showed.

Published by Reuters at November 05, 2020 7:35 pm.

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Canada's Ontario province boosts COVID-19 support, sees record budget gap.

Ontario, Canada's most-populous province, said on Thursday it would spend more on healthcare and support for the economy during the coronavirus crisis, as it projected a record budget deficit for 2020-21 and additional shortfalls over future years.

Published by Reuters at November 05, 2020 7:30 pm.

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Christopher Nolan's 'Tenet' heads to home viewing after COVID restricts theatrical run.

After struggling to kickstart moviegoing in pandemic-suffering North American theaters, Christopher Nolan's "Tenet" heads to home release on Dec. 15.

Published by USA TODAY at November 05, 2020 7:25 pm.

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Peloton warns of supply constraints after meteoric demand.

Exercise bike maker Peloton Interactive Inc on Thursday warned of near-term supply constraints, as demand for its at-home fitness equipment has shot up due to gym closures during the pandemic.

Published by Reuters at November 05, 2020 7:20 pm.

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Wizz Air sees travel recovery from spring after tough winter.

European budget airline Wizz Air said on Thursday it was positioning itself for an expected recovery in air travel in the spring, buoyed by its cash-rich position which should see it through a tough winter.

Published by Reuters at November 05, 2020 7:10 pm.

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Experts spar over ethical question: Should we be paid to get COVID-19 shots?

A suggestion by an ethics professor at a leading UK university that governments should pay citizens to get vaccinated against COVID-19 has sparked debate over whether such incentives are ethical, or dangerous, and would boost or limit uptake.

Published by Reuters at November 05, 2020 7:00 pm.

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The Oil Price Rally That Never Was.

When the pandemic pummeled the oil industry in the spring, many called the situation unprecedented. Prices were falling because of oversupply, but demand was failing to react to lower prices because of the pandemic. Then China’s lockdown ended, and the industry breathed a sigh of relief. Things were going to get back on track. But now lockdowns are being implemented once again and a return to ‘normal’ seems as far away as it has ever been. The UK enters a month-long lockdown today. The country is nowhere near as essential for…

Published by OilPrice.com at November 05, 2020 7:00 pm.

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U.S. government looking into Pfizer's operations in China.

Pfizer Inc received informal requests relating to its operations in China from the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) in June and August, respectively, its regulatory filing https://bit.ly/38geoz2 showed on Thursday.

Published by Reuters at November 05, 2020 6:50 pm.

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Alibaba, Richemont to invest $1.1 billion in Farfetch with focus on China.

Alibaba Group Holding Ltd <9988.HK> and Swiss group Richemont will invest $1.1 billion (£837 million) in online luxury fashion retailer Farfetch Ltd and its new Chinese marketplace, as online demand for luxury goods booms in the Asian country.

Published by Reuters at November 05, 2020 6:45 pm.

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British police arrest 104 Londoners for breach of lockdown restrictions.

British police said they arrested 104 Londoners on Thursday for breach of coronavirus regulations, adding that they expected more arrests as policing operations continued into the night.

Published by Reuters at November 05, 2020 6:40 pm.

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Asian shares at near three-year peak, dollar soft in U.S. deadlock trade.

A gauge of Asian shares was set to cling to a near three-year peak while the dollar stayed sluggish on Friday as the prospect of a divided U.S. legislature dimmed the chance of major policy changes, lifting risk appetite.

Published by Reuters at November 05, 2020 6:30 pm.

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G20 finance leaders to debate debt relief on Nov 13, says Japan's Aso.

The Group of 20 finance leaders will discuss debt relief for emerging nations at their meeting on Nov. 13, Japanese Finance Minister Taro Aso said on Friday.

Published by Reuters at November 05, 2020 6:20 pm.

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Spain's COVID-19 death toll climbs by 368, new daily high in second wave.

Spain added 368 fatalities to its coronavirus death toll in the sharpest daily increase for the pandemic's second wave, Health Ministry data showed on Thursday.

Published by Reuters at November 05, 2020 6:15 pm.

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Suspect arrested in shooting death of actor Eddie Hassell.

Suspect D’Jon Antone has been arrested and charged with capital murder for the shooting death of actor Eddie Hassell Sunday in Grand Prairie, Texas.

Published by USA TODAY at November 05, 2020 6:15 pm.

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U.S. CDC reports 233,129 deaths from coronavirus.

The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 9,463,782 cases of the novel coronavirus, an increase of 106,537 cases from its previous count, and said that the number of deaths had risen by 1,141 to 233,129.

Published by Reuters at November 05, 2020 6:10 pm.

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Breakingviews - Fox-Disney deal creates a new greater fool.

Sometimes a forced seller can still be a lucky one. Take Walt Disney as an example. Just last year, it sold a cluster of sports networks to Sinclair Broadcast for some $10 billion – and on Wednesday, Sinclair wrote down their value by more than $4 billion. That takes some...

Published by Reuters at November 05, 2020 6:05 pm.

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Denmark to impose tight regional lockdown after spread of mink coronavirus mutation.

Danish Prime Minister Mette Frederiksen said on Thursday a hard lockdown will be imposed in seven municipalities in northern Denmark after a mutation of the coronavirus that was found in mink had spread to humans.

Published by Reuters at November 05, 2020 6:00 pm.

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Smart Money Is Betting Big On This Trillion Dollar Lifestyle Trend.

The world’s eCommerce king has found itself in a war that it may not be able to win. Its competitors are a group of specialty players that are overtaking Amazon one sector at a time. These specialist sectors include the pet food industry, that Amazon is losing to the now-giant Chewy.com (NYSE:CHWY)—the $26.4-billion company that started as a dotcom in a basement and then stole major market share from Amazon. Now, ecommerce pioneer Sean Dollinger who took Namaste Technologies (TSXV.N) from $6M to $1.2B in just 15 months has launched…

Published by OilPrice.com at November 05, 2020 6:00 pm.

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Hungary will start to import Russia's COVID-19 vaccine from December.

Hungary will start importing small quantities of a Russian-made COVID-19 vaccine in December for final testing and licensing, Foreign Minister Peter Szijjarto said in a Facebook video on Thursday.

Published by Reuters at November 05, 2020 5:50 pm.

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Lithium producer Livent in deal to buy Nemaska, extend Tesla contract.

Livent Corp said on Thursday it would form a joint venture to buy Canada's troubled Nemaska lithium project and it had extended its supply agreement for the electric vehicle battery metal with Tesla Inc through the end of 2021.

Published by Reuters at November 05, 2020 5:45 pm.

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Uber sees slowest recovery of ride business in home U.S. market, deliveries more than double.

Uber Technologies Inc said on Thursday that demand for its food-delivery service expanded in the latest quarter, but its global rides business was seeing its slowest recovery rate in the United States, its most important market.

Published by Reuters at November 05, 2020 5:35 pm.

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Carl Icahn boosts Xerox stake to over 14%

Billionaire activist investor Carl Icahn raised his stake in U.S. printer maker Xerox Holdings Corp to about 14.4% as of Nov. 5, according to a filing https://www.sec.gov/Archives/edgar/data/921669/000092846420000070/xrxsc13da11052020.htm, months after he backed...

Published by Reuters at November 05, 2020 5:30 pm.

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From Billions To Millions: Canada Offshore Oil Disappointment.

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced disappointing results this week from its call for bids on offshore oil parcels, according to a press release. Of the 17 parcels offered up in the Eastern Newfoundland Region, only one received any bids—Parcel 9—for which the winning bidder, BP Canada Energy Group ULC, committed $27 million in exploration work. For the petroleum board—and for Canada in general—that must be a crushing disappointment. In contrast, 2018 saw bids totaling $1.3 billion…

Published by OilPrice.com at November 05, 2020 5:30 pm.

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Fed's Powell: Don't expect any major changes to central bank's bond purchases.

The Federal Reserve's asset purchases succeeded in calming markets and supporting to the economy, and officials plan to keep buying at the current pace - not more, not less - for the foreseeable future, Fed Chair Jerome Powell said on Thursday.

Published by Reuters at November 05, 2020 5:20 pm.

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Two Major Power Blocs Are Vying For Power In The Middle East.

The 15 June clash between military units of the two great Asia powers – China and India – in the disputed territory of the Galwan Valley in the Himalayas reflected a much greater change in the core relationship between the two countries than the relatively small number of casualties might imply. It marked a new ‘push back’ strategy from India against China’s policy of seeking to increase its economic and military alliances from Asia through the Middle East and into Southern Europe, in line with its multi-layered…

Published by OilPrice.com at November 05, 2020 5:00 pm.

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Seventeen U.S. states report record increase in COVID-19 cases.

Seventeen out of 50 U.S. states reported record one-day increases in cases of the novel coronavirus on Thursday, a day after the country set a record with nearly 105,000 new infections reported on Wednesday, according to a Reuters tally.

Published by Reuters at November 05, 2020 4:52 pm.

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Breakingviews - Corona Capital: GM earnings, Third-quarter readout.

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Published by Reuters at November 05, 2020 4:50 pm.

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Every day counts in fight against COVID: top health official.

The head of France's public health service said on Thursday that the coronavirus crisis in the country is getting worse and every day in the fight to slow the spread of infections counts.

Published by Reuters at November 05, 2020 4:20 pm.

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Breakingviews - Biogen gets $17 bln jolt of Alzheimer's hope.

Biogen’s potential new treatment of Alzheimer’s disease could be the biggest drug ever. The company added $17 billion to its market capitalization on Wednesday when the Food and Drug Administration hinted in released documents that regulators were persuaded the drug worked...

Published by Reuters at November 05, 2020 4:10 pm.

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Fed to add new details to quarterly economic forecasts.

The Federal Reserve will publish new color around policymaker outlooks for interest rates and the economy, and release some details earlier, changes that could give fresh insight into rate-setting decisions.

Published by Reuters at November 05, 2020 4:00 pm.

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Oil Hasn't Been This Bearish Is Nearly A Century.

The energy sector has emerged as the worst-performing of the United States' 11 market sectors in the current year, dropping to its lowest point relative to the S&P; 500 since 1931. However, the oil and gas sector has managed to stage something of a comeback over the past few days, gaining momentum and rallying 9% thanks to Trump re-election odds improving quite dramatically as early results rolled in. Trump has vowed to continue supporting the sector, while Biden is widely viewed as being against the fracking industry. Yet, one Wall Street…

Published by OilPrice.com at November 05, 2020 4:00 pm.

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Shell closing Convent, Louisiana, refinery as pandemic takes toll.

Royal Dutch Shell said on Thursday it was closing its refinery in Convent, Louisiana, the largest such U.S. facility and first on the U.S. Gulf Coast to shut down since the coronavirus pandemic devastated worldwide demand.

Published by Reuters at November 05, 2020 3:50 pm.

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Chinese Fishing Fleet Leaves Ecuador, Chile, Peru, Scrambling to Respond.

Chinese Fishing Fleet Leaves Ecuador, Chile, Peru, Scrambling to Respond
A new report suggests the Chinese fishing fleet that mass trawled just off Ecuador’s Galápagos Islands in recent months crossed the maritime boundary to fish illegally in Ecuadorian waters, sparking a renewed search for regional solutions to reel in illegal fishing and tackle Chinese impunity.

Published by InSight Crime at November 05, 2020 3:43 pm.

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Hot chocolate bombs are exploding on TikTok. What are 2020's latest viral food trend?

Look out, dalgona coffee. There's a new viral food trend in town: Hot cocoa bombs. Here's everything to know about the edible bath bombs for your cup.

Published by USA TODAY at November 05, 2020 3:40 pm.

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Eta's rains and flooding wreak 'shocking' devastation in Central America, 18 dead.

Storm Eta unleashed torrential rains and catastrophic flooding in Central America, killing at least 18 people and turning streets into waist-high water channels, though 60 fishermen who had been missing off Honduras made it back to shore.

Published by Reuters at November 05, 2020 3:30 pm.

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Exclusive: Canada eyeing loans for airlines that are 'running out of runway' - sources.

Canada is finally close to an aid package for airlines that will likely offer low-interest loans to carriers versus taking outright stakes, three sources say, eight months after the COVID-19 pandemic decimated air travel.

Published by Reuters at November 05, 2020 3:20 pm.

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California game against Washington called off due to COVID-19 issues.

California and Washington were scheduled to meet in their first game of the college football season, but the game has been canceled due to COVID-19.

Published by USA TODAY at November 05, 2020 3:16 pm.

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Goldman Sachs: Turkey FX interventions top $100 billion year-to-date.

Turkey has spent $101 billion to intervene in its currency markets so far this year, Goldman Sachs estimated on Thursday.

Published by Reuters at November 05, 2020 3:10 pm.

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Starbucks’ red cups, holiday drinks return Friday: Here’s how to get a free reusable cup.

Starbucks releases its 2020 holiday cups on Nov. 6 along with free reusable red cups and winter drink menu with peppermint mochas and eggnog lattes.

Published by USA TODAY at November 05, 2020 3:03 pm.

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Standard Chartered moves to permanent flexible working.

Standard Chartered will make permanent the flexible working arrangements for most employees that were put in place during the coronavirus pandemic, it said on Thursday.

Published by Reuters at November 05, 2020 3:01 pm.

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Consolidation Is Killing Jobs In The U.S. Shale Industry.

The long-awaited consolidation in the U.S. shale patch is well underway, with several high-profile multi-billion-dollar deals announced in the span of just a few weeks. Analysts say that the mergers and acquisitions (M&A;) frenzy was inevitable; smaller oil firms with manageable debts are trying to survive the pandemic-driven industry downturn, and bigger players are looking to add top-quality assets to their portfolios. What is also inevitable during this consolidation drive in the U.S. shale patch is the loss of U.S. oil industry…

Published by OilPrice.com at November 05, 2020 3:00 pm.

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