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Latest Articles in Coronavirus Scare

Airline Industry May Not Survive Without State Aid - Lufthansa

Lufthansa is also discontinuing long-haul flights from Munich and for now will only offer long-haul flights from Frankfurt, it said, announcing a reduction of passenger flights by 95% overall.

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Indian-Origin Researcher Arinjay Banerjee Among Scientists Who Isolated COVID-19 Virus Strain

Across the world, the virus has infected more than 207,000 people in 166 countries and killed 8,657, as per the latest data available on the World Health Organisation website.

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About 25 Million Jobs Could Be Lost Worldwide Due To Coronavirus: UN

The coronavirus outbreak has killed 8,809 people and infected 218,631 across 157 countries and territories, according to a tracker maintained by Johns Hopkins University.

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Crypto-Market Infrastructure Creaks Amid Volatility Test

Bitcoin prices collapsed nearly 40% on March 12, the biggest one-day drop since spring 2013, before jumping 16% a day later.

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Airlines Disappointed With EC Guidelines On Passenger Rights

IATA represents some 290 airlines comprising 82 per cent of global air traffic. A4E is a trade association of Europe's five largest carriers.

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Novel Coronavirus Cases In India Rise To 169

Delhi has, so far, reported 12 positive cases which includes one foreigner, while Uttar Pradesh has recorded 17 cases, including one foreigner.

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Glut Of Crude Swells Across Atlantic Basin On Coronavirus, OPEC+ Hikes

U.S. Gulf Coast has collapsed, traders said. U.S. exports had steadily increased in the last four years to more than 4 million barrels per day recently, but that is now threatened by the flood of cheaper Saudi oil.

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Foreigners Turn Net Sellers Of Asian Bonds In February On Coronavirus Fears

Foreigners sold a net $3.88 billion worth of regional bonds last month, their largest net selling since April 2018.

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Sensex Plunges By 5.4% As COVID-19 Pandemic Cripples Life And Businesses Globally

BSE S&P Sensex was down by 1,571 points or 5.44 per cent to 27,299 while the Nifty 50 edged lower by 456 points or 5.38 per cent to 8,013.

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Japan Car Lobby Chief Says Coronavirus Having Big Impact On Sales, Output

"At this point, we can't foresee what's ahead for automakers," added Toyoda, the chairman of the Japan Automobile Manufacturers Association.

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Trump Signs Emergency Coronavirus Relief Bill Into Law

This is the second such legislative passed by the US Congress to address the COVID-19 outbreak. Earlier, it had passed a USD 8.3 billion package of relief measures to fund free COVID-19 tests.

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DBS Says Singapore Recession Inevitable In 2020 Due To Coronavirus

The possibility of Singapore edging towards its first full-year recession in nearly two decades is firming the case for the central bank to loosen policy.

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Countries That Shut Down And Do Testing Could Bounce Back In Weeks: Bill Gates

If a country does a good job with testing and shut down, then within 6-10 weeks it should see very few cases and be able to open back up

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Boeing-Embraer Deal On Knife-Edge As Markets Tumble

At stake is a key plank of Boeing's strategy for expanding its engineering and industrial base just as it faces talks over $60 billion of U.S. support for the U.S. aerospace industry.

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India Mulls Up To $1.6 Billion Rescue Plan For Aviation Sector After Coronavirus

The rescue package, proposed by India's civil aviation ministry, is likely to be worth up to 100-120 billion rupees ($1.3-$1.6 billion).

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