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US health insurers may balk at paying for coronavirus antibody testing

U.S. health insurers may balk at covering tests that look for coronavirus antibodies in some cases, arguing that employers or the government should foot a bill expected to run into billions of dollars.

Markets

Did elite David Boies law firm get a pandemic bailout? It’s a secret

When the U.S. government announced a multibillion-dollar bailout of struggling small businesses amid the coronavirus pandemic, one of the top U.S. law firms sensed an opportunity.

Markets

Apple says disappointed with EU antitrust investigations

Apple on Tuesday accused a few companies of filing groundless complaints and criticised EU antitrust regulators for listening to them and opening two investigations into its Apple Pay and App Store.

Markets

Siemens not reducing R&D spending during pandemic – Neike

Siemens is maintaining its investment in research and development despite the economic slowdown and reduced energy consumption caused by the global coronavirus pandemic, managing board member Cedrik Neike said on Tuesday.

Markets

German COVID-19 smartphone tracing app goes live

Germany sought to mobilize the public on Tuesday to download a new smartphone app that seeks to help break the chain of coronavirus infections, one of several such apps in Europe that governments hope will revive travel and tourism.

Markets

Behind the tests: Hong Kong firm puts Premier League on road to recovery

The thousands of coronavirus tests that have enabled the Premier League to return this week have an unlikely source -- a little-known start-up in Hong Kong.

Markets

Social media companies distrusted by most Americans on content decisions – poll

Most Americans do not trust social media companies to make the right decisions about what should be allowed on their platforms, but trust the government even less to make those choices, according to a poll released on Tuesday by Gallup and the Knight Foundation.

Markets

Exclusive: Tencent aims to become biggest shareholder of video streaming rival iQIYI – sources

Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc, said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.

Markets

Tencent aims to become biggest shareholder of video streaming rival iQIYI

Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc , said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.

Markets

Fintech funding in Asia-Pacific fell 58.5% in Q1: report

THE total amount of venture capital raised by fintech companies in the Asia-Pacific region in the first quarter of the year fell 58.5 per cent sequentially to US$1.3 billion (S$1.81 billion), a report by S&P Global Market Intelligence on Tuesday said.

Markets

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