An aerial view shows the construction site of a new

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An aerial view shows the construction site of a new hospital dedicated to treating patients with coronavirus, in Wuhan, Hubei province, China January 24, 2020, in this still image taken from video. China News Service/via REUTERS TV

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Metlifecare makes $304.4m net profit in turnaround after loss, plans new $150m village

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Delisted retirement giant Metlifecare has made a big profit turnaround due to revaluations and bought a 20ha site at Clevedon where the $4 billion business plans a $150 million village. Earl Gasparich, who replaced Glen Sowry as the company’s chief executive, announced a $304.4m net profit after tax after last year’s loss, driven primarily by […]
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Software group SAP to buy majority stake in U.S. fintech firm Taulia

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STOCKHOLM (Reuters) – SAP said on Thursday it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand its presence across supply-chain financing and working capital loans.FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski/File PhotoTaulia […]
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Wall Street falls at open on inflation concerns, rising yields

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FILE PHOTO: A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File Photo(Reuters) – Wall Street’s main indexes opened lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of technology-related companies. The Dow Jones Industrial […]