Virgin Galactic (SPCE) logo is displayed on a screen on

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FILE PHOTO: Virgin Galactic (SPCE) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) as the company begins public trading in New York, U.S., October 28, 2019. REUTERS/Brendan McDermid

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OPEC, Russia moving closer to big oil cut as coronavirus hits demand

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By Ahmad Ghaddar and Shadia Nasralla VIENNA (Reuters) – A panel of OPEC and its allies recommended cutting oil output by an extra 1 million barrels per day (bpd) on Tuesday signaling that Russia and Saudi Arabia were moving closer to a deal to prop up prices which have been hit by the coronavirus outbreak. […]
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Hawks have upper hand as Mexico central bank paces rate cuts

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By Dave Graham MEXICO CITY (Reuters) – Mexico’s central bank cautioned against steering monetary policy toward helping the country’s stagnant economy, even as tension on its board over how much further interest rates should fall became apparent in a report published on Thursday. Minutes of the Bank of Mexico’s last rate-setting meeting on Feb. 13 […]
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Pelosi wants more for small business and individuals in next U.S. coronavirus legislation

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WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said Friday that $350 billion in already-passed coronavirus legislation was not enough for small businesses, and she wants more money in next bill being developed now in the Democratic-run House. “I don’t think the 350 is enough for small business,” she said on CNBC. Pelosi also called […]