An Apple store Soho is closed, as retail sales suffer

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An Apple store Soho is closed, as retail sales suffer record drop during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 15, 2020. REUTERS/Bryan R Smith

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Norway faces biggest decline in mortgage demand in over a decade: central bank survey

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OSLO (Reuters) – Norway could see its biggest decline in mortgage demand this quarter since the financial crisis more than a decade ago, a central bank survey of the banking industry showed on Thursday. The decline in demand for mortgages was primarily explained by the effects of efforts to control the novel coronavirus outbreak, it […]
World News

Three swing-district Democrats back Joe Biden’s presidential bid

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By Trevor Hunnicutt (Reuters) – U.S. presidential candidate Joe Biden on Sunday won the support of three politicians who helped Democrats seize control of the House of Representatives in 2018, endorsements that could help bolster arguments he is best positioned to fend off Republicans this year. The backing by Democratic U.S. Representatives Elaine Luria of […]
Business

Gold strides further above $2,000/oz, dollar weakens

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NEW YORK (Reuters) – Gold pushed further past $2,000 an ounce on Wednesday in the face of a weak dollar and expectations of more stimulus measures for the pandemic-ravaged global economy, while stocks in Europe and on Wall Street rallied on encouraging corporate earnings. Oil prices rose to their highest since early March on a […]