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Markets

USTR vows to push for trade deals with Britain, EU; seeks broader reset at WTO

The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and pushing for a broader reset of the World Trade Organization.

Markets

Fasten your seat belts, US Congress sets hearing on air travel

The airline industry could run into turbulence on Capitol Hill next week as a U.S. Congressional panel tackles passenger complaints about unpleasant airline experiences, holding a hearing that will include budget airline Spirit Airlines Inc and passenger advocates.

Markets

Commentary: COVID-19 crisis reveals the extraordinary promise of bioengineering

From tackling the spread through open-source platforms to delivering food using robots, the COVID-19 outbreak has shone a light on engineering’s potential to make a difference, says Gong Ke.

Markets

Commentary: Why Singapore’s new ‘absolute’ climate mitigation targets could be an absolute game changer

The Singapore Government’s setting of new absolute targets is a positive step in sharpening the narrative on climate action and shaping transformation.

Markets

Citron’s Andrew Left closes Wayfair short bet after long wait

This week's sharp stock sell-off helped activist short-seller Andrew Left profitably close a long-held bet against online retailer Wayfair on Friday.

Markets

Central banks may mount a coronavirus rescue. It may not be enough

Cratering markets are pushing global central banks to the point they all warned against and worried about, of an evolving global economic shock hitting at a time when their capacity to respond in force is in doubt even as investors hound them for action.

Markets

Corona beer maker says US sales remain strong despite virus outbreak

Corona beer maker Constellation Brands Inc said on Friday sales of its Corona Extra beer remained strong in the United States in the four weeks to Feb. 16, amid the rapid global spread of the coronavirus.

Markets

Sanofi to pay US$11.9 million to resolve US drug kickback probe

Sanofi SA has agreed to pay nearly US$11.9 million to resolve allegations that it used a charity that helps Medicare patients cover out-of-pocket drug costs as a way to pay kickbacks aimed at encouraging the use of a high-priced multiple sclerosis drug.

Markets

S&P 500 drops for seventh day, posts biggest weekly fall since 2008 crisis

Wall Street's main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis on worries the fast-spreading coronavirus could lead to a recession.

Markets

Activist investor Robbins shutting hedge fund to pursue other things

Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or because returns have lagged, but because he wants to do something different.

Markets

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