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Tag : Bloomberg

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European Union Backs Okonjo-Iweala For WTO Job

Reporter
  The European Union governments has thrown support behind Nigeria’s candidate, Ngozi Okonjo-Iweala, for the position of the director-general of the World Trade Organisation (WTO)....
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Shares Of Banking Giant HSBC Plunge On Report Of China ‘Unreliable List’

Reporter
  Shares in banking giant HSBC plunged to a 25-year low Monday on fears it could be added to a Chinese list of firms deemed a threat...
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Russia’s COVID-19 Vaccine Shows Signs Of Success In Early Trials

Reporter
  Patients involved in early tests of a Russian coronavirus vaccine developed antibodies with “no serious adverse events”, according to research published in The Lancet...
Business

Asian Markets Mostly Up As Focus Turns To US Jobs Data

Reporter
  Asian markets mostly rose Tuesday following another healthy month for global equities, fuelled by expectations of cheap borrowing for years to come, while traders...
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India Economic Growth Hit By Record Slump After COVID-19 Lockdown

Reporter
  India’s economic growth suffered a historic 23.9 percent decline between April and June, official figures showed Monday, as manufacturing and productivity were battered by...
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Biden Pledges To End US ‘Darkness’ In Accepting Democratic Nomination

Reporter
  Joe Biden promised Thursday to end the “darkness” of Donald Trump’s presidency in a speech accepting the Democratic nomination with an impassioned call for...
Business

European Stock Markets Surge On Growing US Stimulus Hopes

Reporter
  Stock markets surged Tuesday on optimism that lawmakers in Washington will hammer out a new stimulus package for the crippled American economy, while concerns...
Business

Samsung Electronics Defies Pandemic With Profit Rise

Reporter
      South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for...
Business

Hermes First-Half Results Hit By Pandemic, Sales Picking Up

Reporter
      French luxury group Hermes said Thursday the coronavirus pandemic hit profits in the first half of the year but expressed confidence about...
Business

Stocks Drop As COVID-19 Cases Spike Globally

Reporter
  Most equities fell Monday as a spike in new coronavirus infections across the planet forced governments to impose fresh containment measures, fuelling fears about...
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