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Dow Wall falls 900 points while virus soars, Wall Street has stimulus doubts

Shares fell sharply on Monday to start a week of earnings from U.S. tech giants as coronavirus infections spiked, business negotiations remained in a stalemate, and investors braced for the presidential election, just a week away were removed. The Dow Jones Industrial Average fell 901 points, or 3.18%, to 27,434, the S&P 500 fell 2.66% and the Nasdaq fell 2.49%. …

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Dollar stuck as virus spread and stimulus stalemate caution Reuters

© Reuters. FILE PHOTO: US dollars are counted out by a banker at a Westminster bank By Tom Westbrook SINGAPORE (Reuters) – The dollar found support on Monday as rising coronavirus cases in Europe and the US and lack of progress in reaching a US stimulus package put traders in a cautious mood despite hopes for a Brexit trade deal …

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The French Prime Minister says the 2nd wave of the virus is here and will significantly extend the curfew

PARIS (AP) – French Prime Minister Jean Castex announced on Thursday a far-reaching extension of the nightly curfew designed to curb the spiraling spread of the coronavirus, saying, “The second wave is here.” The curfew, imposed last week in eight regions of France, including Paris and its suburbs, will extend to 38 other regions and Polynesia from midnight Friday, Castex …

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Global Divide Between Covid-19: As West Reels, Asia Keeps The Virus In Check

While a surge in coronavirus infections is forcing US states and European countries to close bars, open hospitals in the open, and limit social gatherings to small groups of people, such measures are becoming distant memories in much of Asia. For months, life has been largely back to normal across Asia, where the virus first appeared. With infections at low …

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New Zealand’s Ardern credits the virus response for the election victory

AUCKLAND, New Zealand (AP) – One day after winning a second term in a country victory, New Zealand Prime Minister Jacinda Ardern said on Sunday that she saw the election result as confirmation of her government’s efforts to eradicate the coronavirus and restart the economy. Speaking at a coffee shop near her home in Auckland, Ardern said she expected to …

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Dark déjà vu for the European economy as virus cases rise

The top headlines from Fox Business Flash are here. Check out what’s clicking on FoxBusiness.com. The European economy just held its breath from the worst recession in modern history. A resurgence in coronavirus cases this month is a bitter blow that is likely to turn a healing time for the economy into a lean winter of job losses and bankruptcies. …

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The Israeli charity treats ultra-Orthodox virus patients at home

JERUSALEM – When the elderly father of an ultra-Orthodox radio personality in Israel recently contracted the coronavirus, his family feared the prospect of entering an isolated hospital ward and possibly never getting out. So the broadcaster made a round of calls that turned out to be an alternative. A small charity offered an under-the-radar service that mostly treated ultra-Orthodox and …

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Virus at the turning point in Europe affecting risk groups

MILAN (AP) – Doctors warn Europe is at a tipping point as coronavirus returns across the continent, including among vulnerable people, and governments seek to impose restrictions without blocking entire economies. As newly confirmed cases hit records, the Czech Republic has closed schools and is building a field hospital, Poland has limited restaurant hours and closed gyms and schools, and …

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Europe staggers when it breaks virus records and applies new rules

BERLIN (AP) – Fears rose on Thursday that Europe would no longer have a chance to control the coronavirus outbreak in the fall as infections hit record highs in Germany, the Czech Republic, Italy and Poland. France imposed a curfew on many of its largest cities at around 9 p.m., and Londoners faced new travel restrictions as governments took increasingly …

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China fires two health officials after a new virus outbreak

BEIJING (AP) – A hospital president and the director of the health commission in the north Chinese city of Qingdao have been released after China’s recent coronavirus outbreak, authorities said Thursday. A brief announcement on Thursday’s official Qingdao City Government microblog said that the director of the Health Commission, Sui Zhenhua, and Deng Kai, president of the Qingdao Thoracic Hospital, …

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