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Global shares stabilise, try to shrug off U.S. tech rout scare
TOKYO/HONG KONG (Reuters) – Asian shares and U.S. stock futures regained some footing on Tuesday following a small bounce in European markets as investors looked to whether high-flying U.S. tech shares could recover from their recent rout. Japan’s Nikkei .N225 advanced 0.4% as revised data confirmed the nation had slumped into its worst postwar contraction, […]
China’s factories reopen, only to fire workers as virus shreds global trade
By Stella Qiu and Ryan Woo BEIJING (Reuters) – Shi Xiaomin, who used to export suits and blazers by the thousands to South Korea, the Netherlands and the United States, was luckier than many other Chinese factory owners. When his factory in the eastern city of Wenzhou reopened last month after an extended shutdown due […]
Britain says construction work can begin on HS2 rail project
LONDON (Reuters) – Britain has given the green light for companies to start putting spades in the ground to build a new high speed rail line, saying that work could proceed in line with coronavirus safety guidelines despite the national lockdown. Prime Minister Boris Johnson announced in February that the line, known as HS2 which […]