People wear masks at the international terminal at LAX airport

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People wear masks at the international terminal at LAX airport in Los Angeles, California, U.S., amid reports of the coronavirus, March 11, 2020. REUTERS/Lucy Nicholson

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Hedge fund Marshall Wace takes short position in Danske Bank

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COPENHAGEN (Reuters) – Hedge fund Marshall Wace is betting on Danske Bank <DANSKE.CO> shares falling after taking a short position in the Danish lender of 0.5% of issued shares, the Danish FSA said on Friday. The hedge fund, co-founded by British financier Paul Marshall, is the first to take a short position in Danske Bank […]
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Democrat Booker gives up 2020 U.S. presidential race after unity message falls flat

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By Joseph Ax and James Oliphant DES MOINES, Iowa/WASHINGTON (Reuters) – U.S. Senator Cory Booker, whose relentlessly optimistic message of love and unity failed to sway Democratic voters, ended his White House campaign on Monday, saying he lacked the money to extend his bid. The announcement from Booker, an African-American, leaves only one black candidate, […]
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Australian banks well capitalized to withstand virus disruption

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By Paulina Duran and Swati Pandey SYDNEY (Reuters) – Australian banks are well capitalized to withstand the disruption caused to financial markets from the coronavirus outbreak, a senior central banker said on Wednesday as the country’s banks met with the Treasurer. Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle said the country’s lenders had […]