Sunday, 15 March 2020

Warner, Finch Question Australia's Measures To Deal With Coronavirus

David Warner and Aaron Finch had questions about the Australia government's decision to impose a 14-day self-isolation on all incoming international passengers.

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"Not Again": Warner Recalls Smith Being Hit On Head During Ashes 2019

David Warner spoke about his moment of horror when Steve Smith was hit on the head by a ball bowled by Jofra Archer during Ashes 2019.

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Weak Listing For SBI Cards; Shares Fall 12% At Debut

The IPO opened at a discount of Rs 94 or 12.4 per cent at Rs 661 as the worsening scenario on coronavirus continues to batter the markets.

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Sensex, Nifty Fall In Early Trade

MSCI's index of Asia-Pacific shares outside Japan fell 0.5 per cent, to a level not seen since early 2017.

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Sensex, Nifty Likely To Open Sharply Lower Today; Yes Bank In Focus

On Friday, the Sensex had ended 1,325.34 points - or 4.04 per cent - higher at 34,103.48 and the Nifty settled at 9,955.20, up 365.05 points - or 3.81 per cent - from the previous close.

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US Federal Reserve Slashes Rates, Global Central Banks Coordinate To Cushion Coronavirus Blow

Fed slashed interest rates to near zero, pledging billions of dollars in asset purchases and backstopping foreign authorities with cheap financing

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Ex-governor's candidate in Florida says he's entering rehab

Former Florida candidate for governor Andrew Gillum has disclosed he's entering a rehabilitation facility, saying he fell into alcohol abuse after losing his bid for the state's highest office

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Fed takes emergency steps to slash rates and ease bank rules

The Federal Reserve took emergency action Sunday to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds

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Fed statement Sunday announcing emergency action for economy

The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States. Global financial conditions have also been significantly affected. Available economic data show that the U.S. economy came into this challenging period on a strong footing. Information received since the Federal Open Market Committee met in January indicates that the labor market remained strong through February and economic activity rose at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending rose at a moderate pace, business fixed investment and exports remained weak. More recently, the energy sector has come under stress. On a 12‑month basis, overall inflation and inflation for items other than food and energy are running below 2 percent. Market-based measures of inflation compensation have declined; survey-based measures of longer-term inflation expectations...

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Worshippers go online, those at services keep a distance

Pastors across the United States delivered sermons to empty pews as houses of worship adjust to the reality of the coronavirus pandemic

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States consider new virus restrictions as revelers pack bars

New Jersey's governor is considering a curfew and Illinois may require bars and restaurants to close after revelers ignored warnings against attending large gatherings to prevent the spread of coronavirus

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Business Fallout: Retailers close, Walmart limits hours

A growing list of retailers are closing stores or limiting their operating hours as customers remain home in an effort to slow the spread of the virus outbreak

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US gas prices down 15 cents over past 3 weeks, to $2.39

The average U.S. price of regular-grade gasoline dropped 15 cents per gallon, to $2.39, over the past three weeks

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