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  • Airbnb’s new $1 bln investment comes at lower valuation -sources
    by Reuters on April 8, 2020 at 12:24 am

    Airbnb Inc’s new $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation of the home rental company, people familiar with the matter said on Tuesday. Silver Lake and Sixth Street received warrants that can be exercised at an $18 billion valuation, below the $26

  • Mainland China reports 62 new confirmed cases of coronavirus
    by Reuters on April 8, 2020 at 12:20 am

    BEIJING — Mainland China reported on Wednesday 62 new confirmed cases of the new coronavirus, up from 32 a day earlier, the National Health Commission said, as the number of infections from people arriving from abroad surged. Mainland China’s imported cases stood at 1,042 as of Tuesday, up 59 from day earlier, according to the

  • Social groups urge mass debt relief for poor countries hit by virus crisis
    by Reuters on April 8, 2020 at 12:18 am

    LONDON — Nearly 140 campaign groups and charities urged the International Monetary Fund and World Bank, G20 governments and private creditors on Tuesday to help the world’s poorest countries through the coronavirus crisis by canceling debt payments. The call, spearheaded by the British-based Jubilee Debt Campaign, comes a day before a Group of 20 working

  • Disney might check visitors’ temperatures when theme parks reopen, chairman says
    by Reuters on April 8, 2020 at 12:10 am

    LOS ANGELES — Walt Disney Co might require theme park visitors to have their temperatures checked when they reopen after coronavirus restrictions on public gatherings are lifted, Executive Chairman Bob Iger said in an interview published on Tuesday. The company is considering the idea as one way to make the public feel safe about returning

  • Japan Feb core machinery orders rise 2.3% mth/mth – govt
    by Reuters on April 8, 2020 at 12:10 am

    TOKYO — Japan’s core machinery orders rose 2.3% in February from the month before, government data showed on Wednesday. The rise in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, compared with the median estimate of a 2.7% drop in a Reuters