Weekly cabinet meeting at the Elysee Palace in Paris

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FILE PHOTO: French Finance Minister Bruno Le Maire leaves after the weekly cabinet meeting at the Elysee Palace in Paris, France March 4, 2020. REUTERS/Charles Platiau

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Hong Kong tourism chief pins hopes on recovery starting by July

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By Donny Kwok HONG KONG (Reuters) – The impact of the novel coronavirus on Hong Kong’s tourism sector is unprecedented and the city can hope to start seeing things returning to normal by July, in part by trying to develop new markets, the head of the tourism board told Reuters. The coronavirus crisis has paralysed […]
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Tiffany & Co to temporarily shut several stores, cuts hours at others

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NEW YORK (Reuters) – Luxury jeweler Tiffany & Co <TIF.N> said on Tuesday it would temporarily close several stores, including its Fifth Avenue flagship store in New York, and reduce working hours at other outlets, in an effort to contain the spread of the novel coronavirus. Also on Tuesday, Macy’s Inc <M.N>, L Brands Inc […]
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BAE Systems to raise $1.3 billion in debt to fund pension deficit

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(Reuters) – Britain’s BAE Systems <BAES.L> is looking to raise $1.3 billion in debt to fund its pension deficit and repay related loans, the company said on Wednesday, as it prepares to deal with the fallout of the coronavirus outbreak. The company had said in February it will pay off 1 billion pound ($1.23 billion) […]