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Fed Officers Fretted Over Virus Surge at December Assembly

Federal Reserve officials cautiously watched a surge in coronavirus cases at their December 15-16 meeting, but hoped the vaccine breakthroughs could set the stage for a strong economic recovery in 2021."In view of the worsening pandemic…

India coronavirus vaccine candidate from Cadila Healthcare

SINGAPORE - Indian drug maker Cadila Healthcare is about to start a phase 3 clinical trial for a potential coronavirus vaccine, its chairman told CNBC."We are now entering the third phase, which will begin very, very soon," Pankaj Patel…

Right here Are the eight Chinese language Apps Trump Banned

WASHINGTON - President Trump signed an ordinance on Tuesday banning transactions using eight Chinese software applications, including Alipay, the Ant Group's payment platform, and WeChat Pay, owned by Tencent.The move, two weeks before the…

Saudi Arabia will minimize its oil manufacturing.

OPEC, Russia and other oil producers reached an agreement on Tuesday that included Saudi Arabia's pledge to cut oil production by one million barrels a day in February and March - a cut of more than 10 percent from the daily target in…

45 areas to shut as a part of 3-year plan

The entrance to a Macy's department store.Jeffrey Greenberg | Universal Images Group | Getty ImagesAccording to CNBC, Macy's has told employees at around 45 of its department stores that they will close by the middle of this year.The…