New cases of the novel coronavirus continue to increase worldwide and a Global Pandemic is near according to the World Health Organization (WHO). That includes 72,528 cases in China and 804 cases in 25 countries outside of China. Some have questioned the accuracy of the statistics released by the Chinese government regarding the reported number …
MILAN (Reuters) – Italy raced on Sunday to contain the biggest outbreak of coronavirus in Europe, sealing off the worst affected towns and banning public gatherings in much of the north as the number of those infected jumped above 100. Authorities in the wealthy regions of Lombardy and Veneto, which are the focal point of …
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Borcunni University is monitoring the situation relating to the new Coronavirus (Covid-19) with the utmost attention and follows the indications of the proper local and national authorities. For this reason, on the basis of the provisions issued by CRUI Lombardia on Saturday 22 February, teaching activities (lessons, graduation exams and meetings with teachers) will be …
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Health experts sounded the alarm Friday over the worldwide threat of the coronavirus, with officials warning of its “likely” community spread in the United States and the World Health Organization cautioning that “the window of opportunity is narrowing” for containing the outbreak worldwide. The COVID-19 coronavirus, which erupted in China in December, has killed at least 2,360 people and …
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WASHINGTON (Reuters) – Wells Fargo & Co (WFC.N) has agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices and has admitted to pressuring employees in a fake-accounts scandal, U.S. officials said on Friday, wrapping up one of the last major investigations looming over the bank. Wells Fargo will pay …
A smartphone plant in the South Korean city of Gumi is temporarily closed so it can be disinfected after one employee tested positive for coronavirus, Samsung Electronics Co. confirmed on Saturday. The plant is scheduled to be reopened on Monday.Employees who have been in contact with their colleague in question have voluntarily quarantined themselves, Samsung …
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VIENNA (Reuters) – The World Health Organization (WHO) is concerned about the number of coronavirus cases with no clear epidemiological link, although the total number of cases outside China remains relatively small, its director general said on Saturday. Cases with no clear link include those with no travel history to China or contact with a …
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The 10-year Treasury note yield also broke below key level of 1.50% on Friday U.S. Treasury yields extended their weeklong slump on Friday as investors worried that the economic impact of COVID-19 may not be contained to China, and is spilling over into neighboring regions. The 10-year Treasury note yield TMUBMUSD10Y, -2.90% fell 5.4 …
BEIJING (Reuters) – China reported a sharp decrease in the number of new deaths and new cases of the coronavirus on Saturday, while its central bank predicted a limited short-term economic impact and said the country was confident of winning the fight against the epidemic. Mainland China had 397 new confirmed cases of …
Markets have shrugged off coronavirus fear on earnings optimism, and Goldman Sachs is warning against what they view as complacency. It’s looking increasingly likely that the market will correct in the near term, according to Peter Oppenheimer, the firm’s chief global equity strategist. Optimism around corporate earnings has powered equities to new highs and prompted …