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Spaniards enjoy flowers and haircuts as coronavirus lockdown eases

MADRID (Reuters) – Hairdressers, ironmongers and florists opened for business with restrictions on Monday as Spain began a four-phase plan to reopen by end-June, while the 24-hour death tally from the coronavirus pandemic stayed under 200 for the second day in... More »

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SailGP reschedules second season to 2021 due to coronavirus

(Reuters) – SailGP’s four remaining second season races have been rescheduled to next year due to the COVID-19 pandemic and results from the first race have been declared null and void, the sailing championship said on Monday. The championship was suspended af... More »

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France reports 135 more deaths from COVID-19, taking toll to 24,895

PARIS (Reuters) – The number of people who have died in France after contracting the new coronavirus rose on Sunday by 135 to 24,895, the health ministry said. The number of people treated in hospital for the coronavirus and the number of people in intensive c... 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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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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A piece of the moon for sale: just $2.5 million

LONDON (Reuters) – One of the world’s largest lunar meteorites goes on private sale at Christie’s on Thursday, valued at 2 million pounds ($2.49 million). The moon rock, weighing over 13.5 kg, was probably struck off the surface of the moon by a collision with... More »

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Back at work, British PM Johnson faces lockdown Catch-22

LONDON (Reuters) – Prime Minister Boris Johnson returns to work on Monday to the biggest dilemma of his premiership: how to lift the coronavirus lockdown that is destroying swathes of the British economy without triggering a deadly second wave of the outbreak.... More »

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Germany should only carefully lift virus restrictions: minister

BERLIN (Reuters) – Germany’s economy minister urged the country’s 16 federal states on Monday to go slowly in lifting coronavirus restrictions to avoid the outbreak spreading further and being forced to backtrack later. Under Germany’s decentralised political ... More »

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Novacyt signs coronavirus test supply contract with UK government

PARIS (Reuters) – Healthcare and clinical diagnostics company Novacyt has signed a supply contract with the UK’s Department of Health & Social Care (DHSC) for its product aimed at testing for the presence of the coronavirus, the company said on Monday. Under t... More »

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Adidas misses forecasts with 93% profit plunge, warns on sales

BERLIN (Reuters) – Adidas (ADSGn.DE) reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a deeper hit to second-quarter revenue as lockdowns forced the German sportswear maker and other retailers to close stores. F... More »

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Oil prices skid on oversupply, storage capacity fears

SINGAPORE (Reuters) – Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not come fast enough to fully offset the collapse in demand from the coronavirus pandemic. U.S. oil futures led l... More »

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Asia shares rally as BOJ buys more bonds- U.S. crude skids

SYDNEY/HONG KONG (Reuters) – Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, but the recent weak run in the global oil price showed no signs of ending. MSCI’s broad... More »

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German companies call for COVID-19 aid to be tied to climate action

FRANKFURT (Reuters) – German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to be tied to climate action, daily Handelsblatt reported. “We ... More »

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Bayer more stringent in glyphosate settlement talks due to downturn

FRANKFURT (Reuters) – German drugs and pesticides company Bayer said the economic downturn has prompted it to take a tougher stance in talks to settle claims its glyphosate-based weedkillers cause cancer, even as its earnings rose. The pandemic has significant... More »

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A battle far from over: Five questions for the ECB

LONDON (Reuters) – The European Central Bank meets on Thursday, the ink barely dry on its emergency bond-buying scheme, and markets are already asking what more it will do to help the euro zone economy through the coronavirus crisis. Its emergency stimulus, wh... More »

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Nadal pessimistic over chances of return to normal for tennis

(Reuters) – Rafa Nadal has said he is very pessimistic about the possibility of tennis returning to normal any time soon because of the new coronavirus pandemic that shut down the sport last month. Professional tennis has been suspended until the end of July, ... 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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Tough for Murray to win another Slam, says Rusedski

LONDON (Reuters) – The extended lockdown of tennis will help Andy Murray’s return from injury but it will be “a big ask” for him to add to his three Grand Slam titles, according to former British number one Greg Rusedski. Murray underwent hip re-surfacing surg... More »

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Shopping robots come into their own in locked-down English town

MILTON KEYNES, England (Reuters) – A fleet of robots on wheels that deliver shopping in the English town of Milton Keynes have seen their popularity surge as residents are stuck indoors due to the coronavirus lockdown. The robots, which come up roughly to an a... More »

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Euro zone economy set for deepest recession on record: Reuters poll

BENGALURU (Reuters) – The euro zone economy is already in its deepest recession on record, according to a Reuters poll of economists, who have stuck to a bleak outlook and worry the downturn might be even worse as coronavirus lockdowns across the bloc take the... More »

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Germany cancels Oktoberfest beer festival due to coronavirus

BERLIN (Reuters) – Germany’s Oktoberfest, the world’s largest folk festival, where revellers from all over the world gather to swig large quantities of beer, has been cancelled due to the coronavirus crisis, the southern state of Bavaria said on Tuesday. Aroun... More »

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UK employment growth slowed in March as COVID began to hit: ONS

LONDON (Reuters) – The number of people in jobs in Britain grew more slowly in March than in February, official figures showed on Tuesday in an early sign of the impact of the coronavirus shutdown which is expected to hammer the jobs market. Growth in the numb... 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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U.S. crude futures turn positive after historic plunge, Brent falls

SEOUL (Reuters) – U.S. oil prices hobbled back into positive territory on Tuesday after sinking below $0 for the first time ever, but international benchmark Brent dipped as the global coronavirus crisis severely reduces demand for crude. U.S. West Texas Inter... More »

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Remember the 1980s glut: Ex-BP boss Browne warns oil will stay low

LONDON (Reuters) – The oil price will stay low for some time as supply exceeds demand and the current situation on global oil markets is reminiscent of the 1980s oil glut, former BP boss John Browne said on Tuesday. “The prices will be very low and I think the... More »

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Volvo and Daimler tie up to develop fuel cell for trucks

STOCKHOLM (Reuters) – Swedish truck maker Volvo (VOLVb.ST) said on Tuesday it had signed a deal with German rival Daimler (DAIGn.DE) to set up a joint venture to develop and produce fuel cell systems for heavy-duty vehicles. Daimler will consolidate all its cu... 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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Beauty in radishes: Parisian tells lockdown story in watercolor

PARIS (Reuters) – From a bunch of radishes to a sleeping cat, Parisian Agnes Goyet has turned to her life indoors for inspiration as France’s coronavirus lockdown frees her up to pursue her hobby – art. Goyet, who normally works as a real estate manager, is am... More »

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Bathroom Banksy: Street-artist stays home for new lockdown work

LONDON (Reuters) – Street-artist Banksy has followed official advice to stay at home during the coronavirus crisis by creating a new artwork in his bathroom that shows his trademark stencilled rats running amok around the sink and toilet. The elusive artist po... More »

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Ukrainian artists live-stream from their studios during lockdown

KIEV (Reuters) – Ukrainian brothers Nikita and Egor Zigura work on their sculpture of a giant fingerprint as art enthusiasts look on via a live-streaming internet link and make bids for the developing work. The online auction is part of a new “Stay Art Home” s... More »

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Oil gains on OPEC+ deal, stocks stymied by pandemic worries

TOKYO/SINGAPORE (Reuters) – Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following a landmark deal by OPEC and its allies to cut output. U.S. ... More »

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Oil climbs after OPEC+ agree record output cut

SINGAPORE (Reuters) – Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won’t be enough to head off oversupply with the coronavirus pandemic hammering demand. After four day... More »

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Russia reports new record daily rise of coronavirus cases

MOSCOW (Reuters) – Russia on Monday reported 2,558 new cases of the novel coronavirus, a record daily rise, bringing its overall nationwide tally to 18,328. Russia’s coronavirus crisis response centre said that 148 people diagnosed with the virus have died so ... More »

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Germany debates easing restrictions as new infections drop

FRANKFURT (Reuters) – Senior politicians in Germany have begun debating a potential easing of restrictions imposed over the coronavirus epidemic ahead of a meeting with Chancellor Angela Merkel on Wednesday. On Monday, Merkel and premiers of Germany’s 16 state... More »

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On this day: Died April 14, 2001: Jim Baxter, Scottish footballer

(Reuters) – The Scottish footballer Jim Baxter, who died of cancer at the age of 61 on April 14, 2001, is remembered as one of the greatest talents never to have featured in a World Cup. Had the Glasgow Rangers wing-half performed on the greatest stage or foll... More »

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British great Stirling Moss dies at 90 after long illness

LONDON (Reuters) – Stirling Moss, the British racing driver who ranked as an all-time Formula One great despite never winning the world championship, died on Sunday aged 90 after a long illness. “He died as he lived, looking wonderful,” his wife Susie told the... 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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Key EU states agree coronavirus economic rescue -text of draft deal

BRUSSELS (Reuters) – European Union countries on Thursday evening agreed the emergency credit lines from the euro zone’s bailout fund “will be available until COVID-19 crisis is over”, a draft of their deal read. Afterwards, euro countries should remain commit... More »

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Novelty toilet roll cakes keep Finnish baker in business

HELSINKI (Reuters) – A quick-thinking Helsinki bakery has saved itself from financial ruin due to the new coronavirus pandemic by creating a cake that looks like a toilet roll. The dismayed staff at the Ronttosrouva bakery found all their orders cancelled last... More »

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Bosnian band cheers up fans with weekly online ‘Quarantine Show’

SARAJEVO (Reuters) – Bosnia’s most popular band, Dubioza Kolektiv, invites its audience to “stay connected and disinfected” during a weekly “Quarantine Show” online to cheer up fans locked in their homes due to the coronavirus. Bosnia, like most states in Euro... More »

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Oil falls after Saudi Arabia, Russia delay meeting

LONDON (Reuters) – Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the coronavirus pandemic pummels demand. Brent crude LCoc1 fell more than $3 when Asian markets ope... More »

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Euro zone investor morale hits all-time low on coronavirus – Sentix

BERLIN (Reuters) – Investor morale in the euro zone fell to an all-time low in April and the bloc’s economy is in deep recession due to the coronavirus, which is “holding the world economy in a stranglehold”, a survey showed on Monday. Sentix’s index for the e... More »

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Insurers warns on forced payouts for uncovered coronavirus losses

LONDON (Reuters) – The Global Federation of Insurance Associations on Monday warned the world’s governments of the danger of forcing insurers to pay out for losses suffered due to the coronavirus even when pandemic losses were not included in existing policies... 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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Japan PM to declare state of emergency of up to 6 months: media

TOKYO (Reuters) – Japan will declare a state of emergency as early as Tuesday in a bid to stop the coronavirus, media reported, with the government preparing a stimulus package to soften the blow on an economy already struggling to avoid a recession. More than... More »

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UK car sector slashes 2020 sales forecast by 23% due to coronavirus

LONDON (Reuters) – A group representing Britain’s car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represented a 25% fall from the number of new car registrations in 2... More »

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Stocks jump on virus slowdown hopes, but oil slips on oversupply

SYDNEY (Reuters) – Stocks jumped on Monday as investors were encouraged by a slowdown in coronavirus-related deaths and new cases, while oil prices skidded after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive. Equity i... More »

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Russia’s coronavirus cases jump by almost 1,000 in 24 hours

MOSCOW (Reuters) – Russia’s coronavirus case tally has risen to 6,343 in the past 24 hours, a record daily increase of 954, the country’s crisis response centre said on Monday. Cases have been recorded widely, but Moscow remains the epicentre of the outbreak w... More »

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Esports: Dybala too good for Bale in charity video game clash

(Reuters) – Paulo Dybala left Gareth Bale out of his Real Madrid starting line-up but had no trouble beating the Welshman’s Manchester City side in a FIFA 20 video game as part of a Combat Corona fundraiser for UNICEF at the weekend. Juventus striker Dybala on... More »

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Some plateauing of London coronavirus outbreak, UK says

LONDON (Reuters) – It will take a week or two before Britain’s social distancing measures start to translate into lower hospitalization rates but there has been a bit of a plateauing in London in recent days, NHS England Medical Director Stephen Powis said. “T... 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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Global stocks edge lower on economic toll from virus- oil rallies

NEW YORK (Reuters) – Global stock markets sank Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply. Investors sought out safe havens in the ... More »

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Brent crude rises above $33 on hopes of oil output deal

LONDON (Reuters) – Benchmark Brent crude oil futures climbed to as high as $34.91 a barrel on Friday on rising hopes of a new global deal to cut global crude supply. Brent crude LCOc1 futures were up 12.9%, or $3.9, at $33.83 a barrel by 1321 GMT. Brent soared... More »

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Russia sends medical aid to Serbia to fight coronavirus

MOSCOW (Reuters) – Russia will send 11 military planes carrying medical equipment to Serbia to help it fight the coronavirus outbreak, the defence ministry in Moscow said on Friday. The announcement came a day after the Kremlin said Serbian President Aleksanda... More »

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Norway pleads for more aid to help Palestinians tackle coronavirus

OSLO (Reuters) – Norway called on Friday for more money to help the Palestinian Territories get through the COVID-19 pandemic. Although there has only been one death and 161 reported cases of the coronavirus in the Palestinian Territories, the outbreak is expe... More »

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UK coronavirus death toll rises to 3,605, up 23% in a day

LONDON (Reuters) – The United Kingdom death toll from the coronavirus rose by 684 to 3,605 as of 1600 GMT on April 2, up 23% on the previous day. As of 9am 3 April, a total of 173,784 people have been tested of which 38,168 were positive. Stephen Powis, the na... More »

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Coronavirus threatens to knock South Korea off 5G leadership perch

SEOUL (Reuters) – South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns. The Asia... More »

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European football focusing on restart in July and August

(Reuters) – European football, currently at a standstill because of the coronavirus, is focusing on a restart in July and August with clubs and leagues being told that stopping competitions should “really be the last resort.” UEFA, the European Club Associatio... More »

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Loss of taste and smell key COVID-19 symptoms, app study finds

LONDON (Reuters) – Losing your sense of smell and taste may be the best way to tell if you have COVID-19, according to a study of data collected via a symptom tracker app developed by scientists in Britain and the United States to help monitor the coronavirus ... More »

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Invesco to sell all unquoted holdings in UK equities portfolios

LONDON (Reuters) – Invesco said on Tuesday it would sell all the unquoted companies currently held in its UK equities portfolios and has marked down their value by 60% as a result of recent coronavirus-fueled market falls. The U.S.-based manager said it would ... More »

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IMF says ECB, ESM support key to strong EU coronavirus response

WASHINGTON (Reuters) – The International Monetary Fund said on Monday the relaxation of the euro zone’s fiscal rules and support from the European Central Bank and the European Stability Mechanism is critical to a strong regional response to the coronavirus pa... More »

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Asia shares suffer virus chills, central banks offer cold comfort

SYDNEY/HONG KONG (Reuters) – Asian shares slid on Monday as fears mounted that the global coronavirus shutdown could last for months although markets regained some lost ground late in the session with Australia posting a standout jump. U.S. and European future... More »