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Global shares were set for a rocky ride on Thursday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones industrials entered bear market territory and world health officials declared the virus a pandemic.
AnalysisThe government, which just a week ago said it had "very limited'' capacity to respond to the economy, is now poised to spend several billion dollars as recession fears grow.Mar 4, 2020 — 6.26pmBelatedly yesterday, the Australian Bureau of Statistics suggested the gentle turning point in the economy that had been predicted by the Reserve…
Say what you like about Microsoft’s Surface Studio, but there’s no denying that it’s an aspirational computer. Starting at $3,499, it’s not meant to be for everyone. And even if you’re only interested in the primary selling point — the gorgeous monitor with its unique “zero-gravity” sliding hinge — Microsoft won’t sell it to you…
China January-February exports tumble, imports slow as coronavirus batters trade and business – Reuters
China's exports contracted sharply in the first two months of the year, as the fast spreading coronavirus outbreak caused massive disruptions to business operations, global supply chains and economic activity.
Super Smash Bros. Ultimate’s Next DLC Character Reportedly Revealed – Comicbook.com
Super Smash Bros. Ultimate's next DLC character may have just been revealed, and players of the Nintendo Switch game have been left a bit caught off guard in the process. As you may know, there's been a few different rumors and "leaks" suggesting characters like the Doomguy, Crash Bandicoot, and Geno will be the next…
Perilous times for Trump: By 45%-38%, Americans support impeaching him over Ukraine, poll finds
CLOSE From the moment Donald Trump became a national political figure, he has been cloaked in controversy and shadowed by investigations. Now Trump is facing a high-velocity threat like none that has come before. (Sept. 27) AP, APStory HighlightsA plurality of Americans now support impeaching Trump and removing him from office.The partisan divide is huge:…
California groom beaten to death at his wedding reception, police say
CLOSETwo brothers face murder charges for allegedly beating a groom to death after crashing his wedding reception, California police said Tuesday. No one at the reception over the weekend knew the assailants, Chino Police said in a release, and they were asked to leave the party held in a home's backyard. A fight then broke out and police were called…
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"At a time when so many New Yorkers are struggling and are deeply concerned about their safety, this action was also immoral and inhumane," said NY AG Letitia James.
Most Asia markets have gained Tuesday, as Chinese manufacturing unexpectedly expanded and US stocks rallied overnight as the world’s governments step up stimulus efforts in the face of a global recession.
Mar 31, 2020 – 5.55pmTony Dench is one of over 190,000 business owners in Australia hoping the Coalition's new wage subsidy package will help him keep his workers employed.Business "dropped off a cliff" over the past fortnight at the family-run Dench Bakery, as the virus crisis hit both its cafe and wholesale bakehouse in Melbourne's…
Mar 31, 2020 – 5.37pmCommonwealth public agencies are closing down or postponing non-urgent policy and regulatory initiatives, as the government focuses all its efforts on the impact of the COVID-19 virus.ACCC chair Rod Sims, speaking from self-isolation, says competition authorisations give firms a clear line in the sand. AFRMajor federal regulators such as the Australian Competition…
Gaza City, Gaza - When the Hamas authorities reported the first two cases of coronavirus in the besieged Gaza Strip earlier this month, it was accompanied by an announcement that a slew of businesses would be shuttered indefinitely, including restaurants, cafes and wedding halls. The measures were introduced in an attempt to slow the potential…
