Business

NEW YORK (Reuters) – Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks. FILE PHOTO: Floor traders work space is seen on the trading floor after the closing bell, following traders testing positive for Coronavirus disease (COVID-19), at the New
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FILE PHOTO: A General view of part of the floor at the New York Auto Show being held in the Manhattan borough of New York City, New York, U.S., March 29, 2018. REUTERS/Shannon Stapleton (Reuters) – Organizers said Friday they were cancelling the 2020 New York auto show that had previously been pushed back until
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FILE PHOTO: SAIC Motor Corp’s logos are pictured at its booth during the Auto China 2016 auto show in Beijing, China April 26, 2016. REUTERS/Kim Kyung-Hoon BEIJING (Reuters) – China’s biggest automaker SAIC Motor (600104.SS) expects the nation’s auto sales to post year-on-year growth in the second quarter due to recovering demand and supportive policies,
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FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, U.S., October 23, 2019. REUTERS/Erin Scott SAN FRANCISCO (Reuters) – Facebook Inc will shift toward more permanently embracing remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees in a publicly
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FILE PHOTO: FILE PHOTO: A seal is seen on Garuda Indonesia’s Boeing 737 Max 8 airplane parked at the Garuda Maintenance Facility AeroAsia, at Soekarno-Hatta International airport near Jakarta, Indonesia, March 13, 2019. REUTERS/Willy Kurniawan/File Photo WASHINGTON (Reuters) – The Federal Aviation Administration said Tuesday it will require Boeing Co (BA.N) and other aircraft manufacturers
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(Reuters) – U.S. stocks surged on Monday, with the S&P 500 hitting a 10-week high, as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also hoping for stimulus to cushion the economic blow from the pandemic. Drugmaker Moderna Inc (MRNA.O) said its experimental COVID-19 vaccine showed promising results in a
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FILE PHOTO – U.S. Democratic presidential candidate Amy Klobuchar speaks at a North Carolina Democratic Party event in Charlotte, North Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson (Reuters) – U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal
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