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UK consumer spending recovers in July

A woman wearing a mask talks on her phone outside a shop following the outbreak of the coronavirus disease (COVID-19) in Liverpool, Britain, Aug 10, 2020. [Photo/Agencies] British consumers spent the most last month since the country went into lockdown in March, as pubs, restaurants, barber shops and beauty salons reopened, Reuters reported. Spending was close...

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Seven Million Jobs At Risk As European Airline Industry Could See “Further Declines” 

The International Air Transport Association (IATA) published a new report Thursday that warns the virus-induced downturn will continue to pressure air passenger numbers, employment and economies across Europe. IATA said passenger flights are expected to decline by 60% in 2020, resulting in millions of job losses in the aviation and tourism industries. IATA issued a similar warning...

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Determining the right mix of mitigation measures in the US

At a crossroads with COVID-19: Determining the right mix of mitigation measures in the US With US activity having regained only some of the ground lost during the period of stay-at-home orders, experience resoundingly confirms that measures to slow COVID-19 – by governments and the public at large – have important ramifications for the macroeconomy...

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Chaguan – Only five blind people sat China’s university entrance exam this year | China

Aug 15th 2020 SEVERAL STARTLING things awaited 20 blind Chinese youngsters attending a residential course that began in Shanghai this week, designed to prepare them for university. Adult instructors, many of them also blind, broached topics that protective parents rarely raise, from the rules of raucous student party-games to the perils of falling in love....

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LANXESS Aktiengesellschaft (LNXSF) CEO Matthias Zachert on Q2 2020 Results – Earnings Call Transcript

LANXESS Aktiengesellschaft (OTCPK:LNXSF) Q2 2020 Earnings Conference Call August 13, 2020 7:00 AM ET Company Participants André Simon – Head, Investor Relations Matthias Zachert – Chief Executive Officer Michael Pontzen – Chief Financial Officer Conference Call Participants Matthew Yates – Bank of America Thomas Wrigglesworth – Citi Georgina Iwamoto – Goldman Sachs Samuel Weber –...

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Jordbrugets bytteforhold forringet af COVID-19

Via Danmarks Statistik Jordbrugets prisforhold (kvt.) 2. kvt. 2020 Jordbrugets bytteforhold blev i andet kvartal 2020 forringet med 6,5 pct. i forhold til første kvartal 2020. Særligt lavere priser på svin og kvæg trækker bytteforholdet ned. Prisfaldene henføres især til nedlukninger pga. COVID-19, hvilket har medført mindre efterspørgsel efter svine- og oksekød, blandt andet pga....

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Judge rejects Uber, Lyft bids to delay California driver injunction

(Reuters) – A California judge on Thursday refused to give Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) more time to appeal his decision forcing them to classify drivers in that state as employees, which they have said would necessitate restructuring their businesses. FILE PHOTO: A sign marks a rendezvous location for Lyft and Uber...

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Steps to keep growth on steady path

Workers assemble automation equipment at a plant of Jier Machine-Tool Group Co Ltd in Jinan, East China’s Shandong province, on March 31, 2020. [Photo/Xinhua] Official: Efforts to ensure stability and ‘six priorities’ will be ramped up Micro and small businesses that play a key role in sustaining economic growth will be given more financial assistance,...

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Fortnite maker sues Apple, Google after removal of game from app stores

(Reuters) – Apple Inc and Alphabet Inc’s Google on Thursday removed popular video game “Fortnite” from their app stores for violating the in-app payment guidelines, prompting developer Epic Games to file federal antitrust lawsuits challenging their rules. FILE PHOTO: An attendee stops to text next to Epic Games Fortnite sign at E3, the annual video...

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Hebei airport expansion completed on schedule

Zhangjiakou Ningyuan Airport in Hebei province, a key infrastructure project in support of the 2022 Beijing Winter Olympic Games, has completed extension work on Aug 3, 2020. [Photo/Xinhua] China Railway Construction Corp Ltd, one of the country’ two major rail construction contractors by sales revenue, has completed extension work at Zhangjiakou Ningyuan Airport in Hebei...

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Fed Collaborating With MIT On “Hypothetical” Digital Currency

Via Economic Policy Journal Federal Reserve Board Governor Lael Brainard delivered a speech on Thursday at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, San Francisco, California (via webcast). It was titled, “An Update on Digital Currencies.” The update is not good news for privacy advocates who don’t want...

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Inuvo, Inc (INUV) CEO Richard Howe on Q2 2020 Results – Earnings Call Transcript

Inuvo, Inc (NYSEMKT:INUV) Q2 2020 Results Conference Call August 13, 2020 4:30 PM ET Company Participants Valter Pinto – Investor Relations Richard Howe – Chief Executive Officer Wallace Ruiz – Chief Financial Officer Conference Call Participants Brian Kinstlinger – Alliance Global Partners Ryan Meyers – Lake Street Capital Markets Operator Good day, and welcome to...

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“They Won’t Get What They’re Expecting” – Why Wall Street’s Star Traders Are Going To Get ‘Shafted’ Come Bonus Season

The S&P 500 has officially fought its way back to the record highs, but all those investment bankers and traders who got a taste of what it was like during the pre-crisis days earlier this year, when global banks’ sales and trading operations suddenly became profit centers, likely won’t be getting as big of a...

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China’s property investment up 3.4% in Jan-July

Photo taken on Nov 14, 2019 shows the residential houses in Longhai, Southeast China’s Fujian province. [Photo/Xinhua] BEIJING — China’s investment in property development rose 3.4 percent year-on-year in the first seven months of 2020, widening from the 1.9-percent increase in the first half, the National Bureau of Statistics said Friday. Via China Daily

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electroCore, Inc’s (ECOR) CEO Dan Goldberger on Q2 2020 Results – Earnings Call Transcript

electroCore, Inc. (NASDAQ:ECOR) Q2 2020 Earnings Conference Call August 13, 2020 4:30 PM ET Company Participants Hans Vitzthum – LifeSci Advisors Dan Goldberger – Chief Executive Officer Brian Posner – Chief Financial Officer Conference Call Participants Ryan Zimmerman – BTIG Swayampakula Ramakanth – H.C. Wainwright John Vandermosten – Zacks Investment Research Operator Greetings and welcome...

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Kindergartners To Learn About White Supremacy In PA School District

Elementary school children attending a wealthy Pennsylvania school district this fall will be required to learn that white people who sympathize with police officers, or decline to watch the news, are complicit in racism, according to the Washington Free Beacon. Gladwyne Elementary School—located in Lower Merion School District, one of the richest in the nation—will require...