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| China's GDP Shrank in the First Quarter: Live Updates China said that its $14 trillion economy shrank 6.8 percent from January through March, ending nearly half a century of continuous growth. Here's what you need to know: China's economy shrinks for the first time in nearly half a century. Small-business ... | |
| Facebook's Libra cryptocurrency revamped after backlash ZURICH/LONDON (Reuters) - Facebook's (FB.O) planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval. FILE PHOTO: Shadow of a ... | |
| 'Nowhere to Hide' as Unemployment Permeates the Economy Even as political leaders wrangle over how and when to restart the American economy, the coronavirus pandemic's devastation became more evident Thursday with more than 5.2 million workers added to the tally of the unemployed. In the last four weeks, the ... | |
| China's Economy Shrinks, Ending a Nearly Half Century of Growth BEIJING — The coronavirus outbreak has brought China's extraordinary, nearly half-century-long run of growth to an end — a stark reminder of the enormous task ahead for world leaders trying to restart the global economy. Chinese officials on Friday said ... | |
| Shell Sets More Ambitious Emissions Goals Royal Dutch Shell PLC agreed Thursday to set bolder carbon-emissions goals after engaging with a group of investors representing $40 trillion in assets under management. The move comes as the oil sector faces growing pressure from climate-aware ... | |
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| BlackRock's Profit, Assets Under Management Fall Money management giant BlackRock Inc.'s BLK 2.14% profits fell by 23% in the first quarter, as a global pandemic and waves of selling gripped the investment world. Investors added a net $35 billion in new money to the firm's coffers, down by about half from ... | |
| EM ASIA FX-Asian currencies weaken on grim economic outlook ... * U.S. March retail sales, factory output sink * Coronavirus to halt Asia's 2020 growth prospects - IMF * Chinese yuan eases, Q1 GDP expected on Friday * Global risk sentiments towards EM to remain weak - DBS analysts (Adds text, updates prices) By ... | |
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| Shell sets oil sector's broadest carbon reduction plans LONDON (Reuters) - Royal Dutch Shell on Thursday deepened its ambition to battle climate change, setting the oil and gas sector's broadest plan to reduce greenhouse gas emissions to net zero by 2050. FILE PHOTO: The Shell logo is seen at the 20th ... | |
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