Coronavirus

Coronaviruses are a group of viruses that cause diseases in mammals, including humans, and birds. In humans, the virus causes respiratory infections which are typically mild but, in rare cases, can be lethal. In cows and pigs they may cause diarrhea, while in chickens it can cause an upper respiratory disease.

Source: en.wikipedia.org

China Asks Tech Firms For Apps To Track Health, Travel Amid Outbreak
China Asks Tech Firms For Apps To Track Health, Travel Amid Outbreak
February 19, 2020  |  Mobile Applications

Chinese tech firms are helping the government enact a new “health rating” system that will track millions of citizens preparing to return to work in...

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China Uses Monetary Policy To Cure China’s Economic, Viral Ills
China Uses Monetary Policy To Cure China’s Economic, Viral Ills
February 18, 2020  |  International

Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus? China may be about to find out. In a series of...

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Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6 Pct Economic Contraction
Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6...
February 18, 2020  |  News

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
February 18, 2020  |  International

Alibaba said on Monday (Feb. 17) that ㍐20 billion ($2.86 billion) is available in loans via its affiliate, Ant Financial’s MYBank, to help companies affected...

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Apple Says Coronavirus Will Ding Future Revenue
Apple Says Coronavirus Will Ding Future Revenue
February 18, 2020  |  Apple

Citing the deadly coronavirus, Apple has become the first major company to admit it won’t meet its projected revenue for this quarter because of the...

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EU Braces For Coronavirus’ Impact On PMI
EU Braces For Coronavirus’ Impact On PMI
February 16, 2020  |  International

China’s coronavirus is having a negative impact on the eurozone’s already-sluggish economy, and no one is confident that the U.S. Fed will leave interest rates...

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Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
February 16, 2020  |  Economy

A warm January led to utilities dropping 4 percent for the month as Americans reduced their reliance on heat, according to The Wall Street Journal....

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