Coronavirus cases in China exceed Sars as public anger rises

Coronavirus cases in China exceed Sars as public anger rises

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The number of people in China infected with the coronavirus has reached 9,692, surpassing the worldwide total of the deadly Sars virus as public anger mounted within the country over the official response to the crisis. The death toll from the coronavirus epidemic that originated in the central Chinese city of Wuhan has risen to […]

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American Airlines pilots sue to halt flights to China

American Airlines pilots sue to halt flights to China

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Citing a serious health threat from the coronavirus outbreak in China, the pilots association for American Airlines filed a lawsuit in Texas, asking a judge to compel the carrier to immediately halt all flights to the country. The Allied Pilots Assn., which represents the 15,000 pilots of the world’s largest air carrier, asked a district […]

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Daniel Loeb slams Washington ‘swamp’ in tussle over SEC rule

Daniel Loeb slams Washington ‘swamp’ in tussle over SEC rule

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Daniel Loeb, the activist investor, launched a stinging attack on the Securities and Exchange Commission’s plans to curb the power of shareholder advisory firms, saying the US regulator has been misled by corporate lobbyists that reflect the Washington “swamp at it worst”. In the latest quarterly letter to investors in his Third Point hedge fund, […]

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© Reuters.  Bitcoin Climbs Above 9,514.5 Level, Up 2%

Bitcoin Climbs Above 9,514.5 Level, Up 2% By Investing.com

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© Reuters. Bitcoin Climbs Above 9,514.5 Level, Up 2% Investing.com – rose above the $9,514.5 threshold on Friday. Bitcoin was trading at 9,514.5 by 19:43 (00:43 GMT) on the Investing.com Index, up 2.27% on the day. It was the largest one-day percentage gain since January 28. The move upwards pushed Bitcoin’s market cap up to […]

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US banks cleared to invest in venture capital and loan funds

US banks cleared to invest in venture capital and loan funds

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US banking regulators have issued new proposals that would weaken the Volcker rule, the post-crisis rule designed to limit risky trading on Wall Street, so that banks would be allowed to take stakes in venture capital and loan funds. The amendment would limit the scope of the rule’s “covered funds” provisions, which banned banks from […]

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