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Melting Swiss glacier uncovers climber missing since 1986
The body was discovered earlier this month by hikers who spotted a boot emerging from the ice. More »
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European shares boosted by tech- all eyes on upcoming data
(Reuters) – Technology stocks drove European shares higher on Tuesday, but sentiment was shaky ahead of key economic readings that are likely to indicate an uneven recovery from the coronavirus. Apple (AAPL.O) suppliers in the region rose after the iPhone make... More »
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Brady claims first WTA title at Top Seed Open as WTA marks U.S. return
(Reuters) – American Jennifer Brady clinched her first career WTA title on Sunday, defeating Switzerland’s Jil Teichmann 6-3 6-4 in the Top Seed Open final. The hard court, outdoor competition in Lexington, Kentucky, marked the WTA’s first tournament in the Un... More »
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European stocks flat as tech losses offset China data optimism
(Reuters) – European shares were largely flat on Monday as renewed U.S.-China tensions hit technology stocks, but a slowing decline in China’s producer prices and rising oil prices limited losses. The pan-European STOXX 600 index edged up 0.1% at the start of ... More »
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Global shares climb as China industrial data offers hope for coronavirus recovery
LONDON (Reuters) – European shares rose on Monday as industrial activity in China gained strength, another sign of recovery from the coronavirus pandemic that added to hopes the global economy would also return to health. The broader Euro STOXX 600 rose 0.6%, ... More »
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Dollar rally regains some momentum- Aussie and Kiwi fall
LONDON (Reuters) – The dollar rose in early London trading on Monday, including versus the euro and Swiss franc, with investors focusing on fiscal stimulus in the United States and U.S.-China tensions ahead of key trade talks on August 15. After talks in Washi... More »
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The U.S. has more COVID-19 testing than most. So why is it falling so short?
(Reuters) – The United States might have more COVID-19 testing capacity than any other country. So why have we seen laboratories overwhelmed and many patients again waiting a week or more for results? At the heart of the crisis is a reliance by public and priv... More »
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Gold roars to record high, dollar dives again
LONDON (Reuters) – Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings. Europe’s main stock markets w... More »
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European shares fall as UK quarantine move on Spain hits travel stocks
(Reuters) – European shares slipped on Monday with travel stocks leading the declines after Britain imposed a quarantine on travellers returning from Spain, where cases of the novel coronavirus have surged in the last few weeks. The pan-European STOXX 600 was ... More »
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Scientists identify 37 recently active volcanic structures on Venus
WASHINGTON (Reuters) – Scientists have identified 37 volcanic structures on Venus that appear to be recently active – and probably still are today – painting the picture of a geologically dynamic planet and not a dormant world as long thought. The research foc... More »
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Exclusive: Global banks scrutinize their Hong Kong clients for pro-democracy ties – sources
HONG KONG (Reuters) – Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s new national security law, according to six people ... More »
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Euro hits four-month high on hopes for EU recovery fund deal
LONDON (Reuters) – The euro retreated after hitting a 19-week high of $1.1467 on Monday after EU summit chairman Charles Michel said a recovery fund to revive economies hit by the COVID-19 pandemic could contain 390 billion euros in grants. EU leaders have mad... More »
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European stocks slip as cyclicals retreat, EU talks in focus
(Reuters) – European shares fell on Monday, dragged down by cyclical sectors amid a surge in coronavirus cases globally, while investors remained cautiously optimistic about the ongoing talks over an EU-wide recovery fund. An index of eurozone shares .STOXXE s... More »
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Euro, euro zone bond markets hold out hope for recovery fund, stocks cautious
LONDON (Reuters) – The euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for the bloc’s pandemic-ravaged economy on Monday, but the region’s stock markets took a cautious turn lower as talks paused. The... More »
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Euro zone shares flat as EU recovery plan awaited- Ericsson soars
(Reuters) – Euro zone shares were little changed on Friday as investors awaited the outcome of an European Union summit where leaders are expected to hammer out details of a 750-billion-euro ($858 billion) recovery fund. The euro zone STOXX index .STOXXE was f... More »
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Lonza licenses technology to China’s Junshi for experimental COVID-19 drug
ZURICH (Reuters) – Lonza Group said on Monday that China’s Junshi Biosciences has licensed the Swiss contract drug manufacturer’s technology to help produce a neutralizing antibody against COVID-19. Lonza said Junshi’s first neutralizing antibody against the n... More »
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Pandemic exposes scientific rift over proving when germs are airborne
CHICAGO (Reuters) – The coronavirus pandemic has exposed a clash among medical experts over disease transmission that stretches back nearly a century – to the very origins of germ theory. The Geneva-based World Health Organization acknowledged this week that t... More »
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Merck says it has agreed to supply potential COVID-19 drug Rebif to EU countries
FRANKFURT (Reuters) – German drugmaker Merck said on Wednesday it had agreed to supply its potential COVID-19 drug Rebif to European Union countries should orders be placed for the treatment. The comment followed a Reuters report earlier on Wednesday about a d... More »
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European stocks slip as hopes of post-pandemic rebound fade
(Reuters) – European shares fell on Tuesday as surging U.S. coronavirus cases and forecasts for a deeper-than-feared recession in the euro zone dimmed optimism around a post-pandemic rebound. The pan-European STOXX 600 index slipped 0.6%, falling back from a n... More »
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World shares rally to four-week highs as investors bet on China revival
LONDON (Reuters) – Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States. MSCI’s All-Count... More »
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Italian whole-town study finds 40% of coronavirus cases had no symptoms
LONDON (Reuters) – A study of coronavirus infections that covered almost everyone in the quarantined north Italian town of Vò found that 40% of cases showed no symptoms – suggesting that asymptomatic cases are important in the spread of the pandemic. The study... More »
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European shares pick up, dollar gains before quarter-end
LONDON (Reuters) – European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as investors looked for signs of an economic recovery in the second half of 2020. The MSCI world equity index, whic... More »
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New rules may be needed for payments in wake of Wirecard, BIS boss says
LONDON (Reuters) – More joined up rules may be needed across the payments sector after the collapse of Germany’s Wirecard AG, Bank for International Settlements president Augustin Carstens said. Wirecard’s demise has thrown a spotlight on payments, which is on... More »
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Coming soon to a 3D printer near you: Plant-based steaks
TEL AVIV/ZURICH (Reuters) – Israeli start-up Redefine Meat plans to launch 3D printers to produce plant-based steaks mimicking real beef next year in a bid for a slice of the fast-growing alternative meat market. Meat substitutes are increasingly popular with ... More »
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Biodegradable grass fresco in Geneva marks U.N.’s 75th anniversary
GENEVA (Reuters) – A French artist has painted a large biodegradable fresco on the lawn of the United Nations’ European headquarters in Geneva, marking Friday’s 75th anniversary of its founding. Saype, who was born Guillaume Legros, created the “World In Progr... More »
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Australia striker Juric tests positive for COVID-19
SOFIA (Reuters) – CSKA Sofia’s Australian striker Tomi Juric has tested positive for COVID-19, the 31-times Bulgarian champions said in a statement late on Sunday. The 28-year-old forward, who has played 41 times for his country, has been isolated. Other CSKA ... More »
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Dollar steadies as overnight risk-off move eases
NEW YORK (Reuters) – The U.S. dollar was slightly lower in North American morning trade on Monday, stabilizing after a move higher overnight on a sell-off in risk assets over rising fears of a second wave of coronavirus infections. The dollar index =USD, which... More »
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Explainer: Europe steps up tech battle vs. coronavirus with German app
BERLIN (Reuters) – Germany on Tuesday becomes the latest European country to launch a smartphone app that seeks to break the chain of coronavirus infection by tracking encounters between people and issuing a warning should one of them test positive. A growing ... More »
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U.N. expert says some are ‘starving’ in North Korea
GENEVA (Reuters) – A United Nations human rights expert voiced alarm on Tuesday at what he called “widespread food shortages and malnutrition” in North Korea, made worse by a nearly five-month border closure with China and strict quarantine measures against CO... More »
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Vitol’s former CEO Ian Taylor dies after cancer battle: sources
LONDON (Reuters) – Vitol’s former chief executive and chairman Ian Taylor has died at the age of 64 from cancer, according to an internal memo and four sources familiar the matter. Taylor joined Vitol [VITOLV.UL] in 1985 and became group President and CEO in 1... More »
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Aussie dollar falls amid feud with China, traders cash in gains
LONDON (Reuters) – The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between the trading partners. The dollar found some footing, rising against tearaway commodity... More »
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European stocks fall as cyclicals, BAT weigh
(Reuters) – European shares fell on Tuesday as declines in cyclical stocks and UK’s British American Tobacco threw a spanner into a rally driven by optimism over a global recovery from the coronavirus crisis. The pan-European STOXX 600 index fell 1.3%, with eu... More »
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Outdoor Swiss hotel ‘rooms’ give new meaning to light and airy
WALENSTADT, Switzerland (Reuters) – Two Swiss conceptual artists are offering seven open air “hotel rooms” this summer across a “performance space” encompassing eastern Switzerland and Liechtenstein. Guests “perform”, without an audience, by spending the night... More »
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Dollar treads water against euro- yuan sinks on U.S.-China tensions
NEW YORK (Reuters) – The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic. The euro EUR=EBS wa... More »
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Switzerland’s Sunrise, French-owned Salt link up in $3 billion broadband JV
ZURICH (Reuters) – Swiss telecoms operator Sunrise Communications Group and French billionaire Xavier Niel’s Salt Mobile on Tuesday pledged to invest up to 3 billion Swiss francs ($3.09 billion) in a broadband partnership aimed at reaching 1.5 million homes by... More »
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Trading spike helps Julius Baer beat forecasts in January to April
ZURICH (Reuters) – A spike in trading volumes boosted margins for wealth manager Julius Baer (BAER.S) in the first four months of the year, even though markets slid and a strong Swiss franc ate into assets under management. Baer attributed a 16% rise in gross ... More »
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Novartis wins conditional EU approval for gene therapy Zolgensma
ZURICH (Reuters) – Novartis won European approval for its gene therapy Zolgensma for the hereditary disease spinal muscular atrophy (SMA), the Swiss drugmaker said on Tuesday, adding it is in talks over price with countries in hopes of a quick launch. The Euro... More »
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Defensives, upbeat earnings lift European shares
(Reuters) – European shares edged higher on Tuesday following a clutch of upbeat quarterly earnings reports, but investors remained cautious of a resurgence in new coronavirus cases as hard-hit economies lift lockdowns. The pan-European STOXX 600 index rose 0.... More »
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Logitech sales surge as working from home boosts demand
(Reuters) – Logitech International (LOGN.S) reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis. Logitech said demand accelerated in the three months to the end of ... More »
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Tens or 100s of billions? Insurers consult crystal balls on coronavirus costs
(Reuters) – Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars in losses they face, and what the fallout will be for their massive investment portfolios. Executives, lawyers and a... More »
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Swiss environmentalists demand ‘green recovery’ after coronavirus
BERN (Reuters) – Environmental activists delivered a petition to a special session of the Swiss parliament on Monday demanding that a government aid package should promote a “green recovery” from the coronavirus crisis. With some lawmakers wearing protective f... More »
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Swiss gold refineries reopen as virus lockdown eases
LONDON (Reuters) – Two of the world’s biggest gold refiners, Valcambi and Argor-Heraeus, said on Monday they were restoring close to full operations after Swiss authorities relaxed coronavirus lockdown measures. The decisions end six weeks of partial or full c... More »
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Armed with Roche antibody test, Germany faces immunity passport dilemma
ZURICH (Reuters) – Germany could only allow coronavirus antibody tests to help determine how freely people can move once it has advice from its ethics council, Health Minister Jens Spahn said, after securing millions of the tests from Swiss drugmaker Roche. Ge... More »
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Swiss soldiers pick up smartphones to fight COVID-19
CHAMBLON, Switzerland (Reuters) – In the battle against coronavirus, Swiss soldiers are using smartphones to test a new contact tracing application that could prevent infections while also protecting users’ privacy. Switzerland hopes to launch the app on May 1... More »
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Moderna, Switzerland’s Lonza strike deal on potential COVID-19 vaccine
(Reuters) – Moderna Inc and Swiss contract drugmaker Lonza Group AG said on Friday they would accelerate the manufacturing of the U.S. drug developer’s potential coronavirus vaccine. The announcement comes at a time when drugmakers are pausing clinical trials ... More »
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Swiss researchers see sewage as early warning sign for COVID flares
ZURICH (Reuters) – Researchers in Switzerland have been able to detect the new corovarirus at even low concentrations in wastewater, offering a potential early warning system for flareups in infections as countries emerge from emergency lockdowns. Should the s... More »
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Thiem not keen on plan to assist struggling players
(Reuters) – World number three Dominic Thiem has rejected the notion that the top tennis players should chip in to help lower-ranked competitors who are struggling financially due to the pause in tournaments because of the novel coronavirus pandemic. World num... More »
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Germany flips to Apple-Google approach on smartphone contact tracing
BERLIN (Reuters) – Germany changed course on Sunday over which type of smartphone technology it wanted to use to trace coronavirus infections, backing an approach supported by Apple and Google along with a growing number of other European countries. Countries ... More »
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European shares tumble on oil crash, dour earnings
(Reuters) – European stocks fell on Tuesday as the double whammy from a crash in U.S. crude to minus $40 per barrel and dismal first-quarter earnings reports spooked investors about the lasting damage to the global economy from the coronavirus pandemic. BP Plc... More »
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Rift opens over European coronavirus contact tracing apps
BERLIN (Reuters) – A rift has opened up over the design of smartphone apps to trace people in Europe at risk of coronavirus infection, potentially hindering efforts to curb the pandemic and ease crippling travel restrictions. Scientists and researchers from mo... More »
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Siemens CEO rules out job cuts from coronavirus impact
ZURICH (Reuters) – Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany. “No one at Siemens will leave because o... More »
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Swiss street artist pays tribute to unsung coronavirus heroes
GLAND, Switzerland (Reuters) – Street artist David Perez has found his own way to pay tribute in Switzerland to the people he regards as the unsung heroes of the coronavirus crisis. Perez, 35, has adorned a pedestrian underpass in the town of Gland with a port... More »
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European shares jump as coronavirus deaths slow
(Reuters) – European shares rebounded on Monday as a slowdown in coronavirus deaths raised hopes that nationwide lockdowns were starting to show results, while Rolls Royce soared after becoming the latest multinational firm to raise cash to weather an economic... More »
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Merkel aide: Chancellor’s plans not to run for fifth term haven’t changed
BERLIN (Reuters) – Angela Merkel’s chief of staff told German broadcasters RTL/n-tv on Monday that he did not think the chancellor’s plans not to run for a fifth term in office had changed after Bild newspaper last week raised the question of whether she might... More »
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Swiss face shortage of ethanol for disinfectant after abandoning stockpile
ZURICH (Reuters) – Switzerland faces a shortage of the raw material needed to make disinfectant to tackle the coronavirus pandemic after the country abandoned its emergency reserve of 10,000 tonnes of ethanol two years ago, newspaper Tages-Anzeiger reported on... More »
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Masks do reduce spread of flu and some coronaviruses, study finds
LONDON (Reuters) – Face masks could help limit the spread of the COVID-19 pandemic, according to researchers who studied the effect of surgical masks on the transmission of other corona and flu viruses. In the study, the use of surgical masks by sufferers sign... More »
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European insurer shares fall as row breaks out over dividends
MUNICH/LONDON (Reuters) – Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the coronavirus epidemic, although Germany backed Allianz’s decision to go ahead with a dividen... More »
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Swiss government expands powers to force firms to make supplies to fight COVID-19
ZURICH (Reuters) – The Swiss government on Friday boosted its powers to order companies to raise production of critical medical supplies like drugs and protective gear should more be needed in the fight against coronavirus-caused COVID-19. “If the supply…canno... More »
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Wilhelm Burmann, master teacher to ballet stars, dies at 80- tested positive for coronavirus
NEW YORK (Reuters) – Wilhelm Burmann, a master teacher and coach for the world’s top ballet dancers for more than four decades, has died of renal failure after his treatment was complicated by the coronavirus, a close friend said. He was 80. Burmann died peace... More »
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Swiss bank UBS sticks to 2019 dividend amid global calls for payout freezes
ZURICH (Reuters) – UBS Group (UBSG.S) intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international banking groups to limit payouts as the coronavirus outbreak hits the g... More »
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Indonesia president plans stricter rules on mobility, social distancing
JAKARTA (Reuters) – Indonesian President Joko Widodo said on Monday he plans to impose stricter limits on mobility between regions and also to implement a large-scale policy of social distancing to help curb the spread of coronavirus. “In implementing the poli... More »
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Germany, EU want to limit economic impact of coronavirus outbreak: spokesman
BERLIN (Reuters) – Germany will spare no effort to help its economy weather the coronavirus crisis and is in talks with its European Union partners about how to minimize the economic impact of the outbreak, a finance ministry spokesman said on Friday. “We are ... More »
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Germany’s Bavaria announces fund of up to 10 billion euros to reduce coronavirus impact
BERLIN (Reuters) – Germany’s southern state of Bavaria on Monday announced a fund worth up to 10 billion euros ($11.21 billion) to help the region withstand the coronavirus outbreak, its premier said, declaring a state of emergency as the number of new cases c... More »
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IOC to hold talks with sport chiefs amid coronavirus crisis
TOKYO (Reuters) – The International Olympic Committee (IOC) will hold talks with heads of international sports organizations on Tuesday in response to the coronavirus outbreak, a source close to an international federation briefed on the issue said. With less ... More »
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European shares slump to 2012 lows
(Reuters) – European shares tumbled more than 8% on Monday as the coronavirus pandemic raged through much of Europe, with dramatic monetary easing by global central banks failing to reassure investors about its growing economic damage. The pan-European STOXX 6... More »
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Germany confirms case of H5N8 bird flu in poultry farm
HAMBURG (Reuters) – A case of H5N8 bird flu has been confirmed in a poultry farm in the eastern German state of Saxony, German authorities said on Monday. The social affairs and protection ministry in the state of Saxony said the case involved bird flu of type... More »
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IOC’s Tokyo Games chief faces mandatory quarantine in Australia
MELBOURNE (Reuters) – John Coates, the International Olympic Committee’s point man for the Tokyo Games, faces mandatory self-isolation when he returns to Australia from Europe this week as part of border controls to curb the spread of the coronavirus. Australi... More »
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On faraway planet, it’s cloudy with a chance of liquid iron rain
WASHINGTON (Reuters) – Scientists have detected an exotic planet in another solar system where the weather forecast is always dire – a 100 percent chance of the most outrageous rain imaginable, with droplets of scaldingly hot liquid iron. The researchers said ... More »
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Lufthansa calls off flights to China until April 24 and Tehran until April 30
BERLIN (Reuters) – Lufthansa (LHAG.DE) said on Monday that it was suspending flights to China until April 24 and to Tehran until April 30 due to the coronavirus outbreak. Lufthansa said it was also adjusting its flights to northern Italy. It said Austrian Airl... More »
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European shares stabilize after worst week since 2008
(Reuters) – European shares steadied on Monday after their worst weekly showing since the 2008 financial crisis, on rising hopes that major central banks will step in to counter the impact of the coronavirus epidemic on global growth. The pan-European STOXX 60... More »
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Switzerland files criminal complaint over Crypto spying scandal
VIENNA (Reuters) – The Swiss government has filed a criminal complaint over the U.S. Central Intelligence Agency’s alleged use of a cryptography company as a front to spy on various governments’ secret communications, the Swiss attorney general’s office said o... More »
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Polanski wins best director at Cesars, prompting walkout protest
PARIS (Reuters) – Roman Polanski cast a shadow over France’s Cesar Awards on Friday even as he won best directing for his film “An Officer and a Spy,” with several women in the audience walking out in protest at honoring a man facing rape accusations. The Fren... More »
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Polanski wins best director at Cesar awards, several actresses leave in protest
PARIS (Reuters) – Roman Polanski, who faces accusations of rape, won France’s Cesar Award for best directing for his film “An Officer and a Spy” on Friday, prompting several actresses to walk out of the ceremony in protest. Polanski was not at the event, the b... More »
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Polanski movie collects first trophy at Cesar Awards in France
PARIS (Reuters) – Roman Polanski’s film “An Officer and a Spy” collected its first Cesar Award out of 12 nominations on Friday, scooping the prize for best costume designer. Pascaline Chavanne was not at the event to collect her trophy after the entire cast an... More »
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Eight men in frame to run Norway wealth fund, including deputy CEO
OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.... More »
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Euro hit as coronavirus spread widens and investors rush for dollars
LONDON (Reuters) – The euro dropped back towards $1.08 on Monday and the Australian dollar tumbled to a new 11-year low as the rapid spread of the coronavirus outside China drove fears of a pandemic and sent investors to the safety of the U.S. dollar. The safe... More »
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WHO says no longer uses ‘pandemic’ category, but virus still emergency
GENEVA (Reuters) – The World Health Organization (WHO) no longer has a process for declaring a pandemic, but the COVID-19 coronavirus outbreak remains an international emergency, a spokesman said on Monday. Fears of a coronavirus pandemic grew on Monday after ... More »
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Gulliksen takes first World Cup win aged 60, then gets thrown at prize-giving
GOTHENBURG, Sweden (Reuters) – After more than 40 years in show jumping, Norwegian Geir Gulliksen beat riders less than half his age to score his first FEI World Cup win on Sunday, then survived an injury scare when his horse threw him during the prize ceremon... More »
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WTO gives somber outlook for global trade, sees virus threat
BRUSSELS (Reuters) – Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could be reduced even further by the new coronavirus. The WTO said that, bas... More »
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Euro struggles near three-year low as traders fret about economic slowdown
LONDON (Reuters) – The euro struggled near 3-year lows on Monday as investors worried about weakening growth in the region, while Chinese efforts to limit the damage from a coronavirus outbreak appeared to calm markets, with the yuan and Australian dollar gain... More »
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European shares hit record high- carmakers cheer China stimulus
(Reuters) – European shares hit a record high on Monday, with automobile stocks leading gains amid fresh attempts by China to limit the economic impact of the coronavirus outbreak. Automobile stocks .SXAP, which are highly sensitive to Chinese demand and indus... More »
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European shares edge lower amid coronavirus uncertainty
(Reuters) – European shares inched lower on Monday as concerns over the economic impact of the coronavirus outbreak weighed on sentiment, while markets also came off a rally from last week. The pan-European STOXX 600 index fell 0.3% by 0803 GMT, with the trave... More »
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Roche drug fails in early-onset Alzheimer’s disease study
ZURICH (Reuters) – Roche’s experimental drug gantenerumab failed to slow cognitive decline in people with a rare inherited form of Alzheimer’s disease, the latest setback for companies hunting for a cure for the devastating brain-wasting disease. The study foc... More »
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SNB seen on sidelines as virus fears push Swiss franc to near three-year high
ZURICH (Reuters) – The Swiss National Bank appeared to remain on the sidelines as the Swiss franc surged to its highest level in nearly three years on Monday, driven by concerns about the spread of the coronavirus. The franc fell to 1.069 versus the euro EURCH... More »
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Wawrinka rallies to take down Medvedev for last eight spot
MELBOURNE (Reuters) – Former champion Stan Wawrinka battled past Russian fourth seed Daniil Medvedev in five sets to reach the Australian Open quarter-finals with a 6-2 2-6 4-6 7-6(2) 6-2 victory on Monday. Medvedev came into the contest having won both their ... More »
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Highlights: Day eight at the Australian Open
MELBOURNE (Reuters) – Highlights of the eighth day at the Australian Open, the first Grand Slam tournament of the year, on Monday (times AEDT- GMT+11): 1633 MUGURUZA MARCHES INTO LAST EIGHT Unseeded Spaniard Garbine Muguruza continued her charge toward a third... More »
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‘Blessed’ Sandgren hopes to keep dream alive with Federer up next
MELBOURNE (Reuters) – Roger Federer continues his quest for a 21st Grand Slam title at the Australian Open on Tuesday but for his journeyman opponent Tennys Sandgren their quarter-final meeting is the latest chapter in a story of survival in professional tenni... More »
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Firms in China extend holidays, ask staff to work from home as virus spreads
SHANGHAI/BEIJING (Reuters) – Big businesses across China are temporarily shutting stores or advising staff to work from home, to guard against the spread of a flu-like virus as the tally of deaths rose to 80, with more than 2,700 people infected. Companies are... More »
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Exclusive: Regulator probes board role in Credit Suisse spying scandal – sources
FRANKFURT/ZURICH (Reuters) – The Credit Suisse (CSGN.S) spying debacle risks tipping the bank into a crisis that could engulf its top executives. Switzerland’s market supervisor is scrutinizing Credit Suisse’s oversight of chief executive Tidjane Thiam and his... More »
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Germany returns Nazi art from Gurlitt trove to French family
BERLIN (Reuters) – Germany on Wednesday returned three art works to a descendant of a Jewish French collector who owned them until his death in 1941 in Nazi-occupied France. Two of the pictures came from a trove of works held by Cornelius Gurlitt, which was di... More »
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Rust-free Federer launches Melbourne campaign with sublime win
MELBOURNE (Reuters) – Roger Federer showed no sign of rust despite a lack of match practice ahead of the Australian Open as he launched his bid for a record-extending 21st Grand Slam title by hammering Steve Johnson 6-3 6-2 6-2 in the first round on Monday. Pl... More »
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European shares flat as Sino-U.S. trade deal in focus- tech gains
(Reuters) – European shares were little changed on Monday as investors shifted their focus to the signing of an interim Sino-U.S. trade deal later this week, while technology stocks rose on a clutch of brokerage upgrades and price-target bumps. The benchmark E... More »
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China’s yuan leads rally ahead of U.S. trade deal
LONDON (Reuters) – China’s yuan led a rally in trade-sensitive currencies on Monday and the Australian dollar recovered some recent losses as the imminent signing of a preliminary U.S.-China trade deal boosted sentiment. The U.S.-China Phase 1 agreement, due t... More »
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Switzerland’s Obseva eyes China re-start for fertility drug that failed trial
ZURICH (Reuters) – ObsEva struck a pact with China’s Yuyuan BioScience Technology to develop and commercialize the fertility drug nolasiban, the Swiss drugmaker said on Monday as it seeks to inject new life into a medicine that had flopped a trial. In November... More »
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China pneumonia outbreak not spreading at present: WHO
LONDON/BEIJING (Reuters) – An outbreak of pneumonia that has killed one person in China and infected 40 others appears to be linked to a single seafood market in the central city of Wuhan and has not spread beyond there so far, the World Health Organization sa... More »
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Safe-haven currencies give back gains as U.S.-Iran situation eases
LONDON (Reuters) – Safe-haven currencies such as the Japanese yen retreated on Thursday as the United States and Iran backed away from further conflict, with markets flipping back to a more risk-taking approach on hopes of a U.S.-China trade deal. U.S. Preside... More »
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European shares hit record high as Middle East, trade tensions ease
(Reuters) – European shares touched a record high Thursday, tracking broader gains in global equities, after the United States and Iran backed away from further military escalation in the Middle East. Also lending support was confirmation from China on the sig... More »
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Strides in lung cancer lead steep decline in U.S. death rates
(Reuters Health) – Cancer death rates in the United States fell 2.2% from 2016 to 2017 – the largest single-year drop ever recorded – fueled in large part by progress against lung cancer, the leading cause of cancer death, the American Cancer Society (ACS) rep... More »
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Credit Suisse surveillance probe to continue
ZURICH (Reuters) – Credit Suisse (CSGN.S) and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed a second former executive was tailed. [nL8N28X0TX] “We are looking in... More »
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Credit Suisse blames former COO for covering up second spying case
ZURICH (Reuters) – Credit Suisse (CSGN.S) on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee had the Swiss bank’s then-head of human resources foll... More »
