Fresh Blow for Boeing as China Leasing Firm Scraps Max Order

China Development Bank Financial Leasing Co. canceled an order for 29 Boeing Co. 737 Max planes, worth at least $2.9 billion based on list prices, joining a growing list of customers scaling back plans for buying the grounded jet. The move cuts the company’s outstanding Max order to 70, it said in a statement to the Hong Kong stock exchange […]

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Amazon is assembling a lab for Covid-19 testing

New York (CNN)Amazon has started using thermal cameras at its operations facilities to screen workers for fevers, a common symptom of the novel coronavirus. The move comes after a number of cases were reported at Amazon facilities in states such as Washington, California and New York, and a slew of organized walkouts by workers over coronavirus safety. Amazon has installed […]

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India Bans Airlifting Patients as Virus Lockdown Curbs Intensify

India has banned use of air ambulances and other medical evacuations unless the treatment required is not available locally, as a nationwide lockdown to curb the spread of the coronavirus is extended, according to people with knowledge of the matter. Planes carrying patients will only be allowed to fly if local authorities determine treatment isn’t available at the point of […]

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Second Sunday of Tornadoes, Hail and Flooding Across U.S. South

For the second straight Sunday, tornadoes, thunderstorms, floods and hail are set to hammer the South with the worst sweeping across from Louisiana to Georgia, the same swath that bore the brunt of last week’s carnage. In all, almost 12.3 million people from eastern Texas to North Carolina’s southern Atlantic shore are in harm’s way. The deadly storms could strike […]

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Pressure intensifies for 100% government-backed business loans

Pressure was mounting this weekend on chancellor Rishi Sunak to offer 100% government-backed loans as part of the Covid-19 business lifeboat scheme to prevent thousands of small and medium-sized firms from going bust. Business groups said commercial lenders, which must currently cover 20% of loan losses under the Cbils government scheme, were turning down requests to borrow rescue funds that […]

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China Tests Thousands to Calculate True Spread of Coronavirus

We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. When Tiger Ye caught the coronavirus in January, his mother and grandmother nursed him back to health. Later that month, both women developed fevers, but with Wuhan’s hospitals overflowing they chose instead to bear it […]

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A Month of Lockdowns on Main Street and Aid Already Ran Out

This week marked the first full month of lockdowns for many small businesses across the U.S., with no prospect of life getting back to normal anytime soon. The $349 billion federal relief package for small companies ran out in less than two weeks, leaving many mom and pop store owners shut out after spending days desperately trying to get a lifeline for their […]

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Warmest Oceans on Record Could Set Off a Year of Extreme Weather

The world’s seas are simmering, with record high temperatures spurring worry among forecasters that the global warming effect may generate a chaotic year of extreme weather ahead. Parts of the Atlantic, Pacific and Indian Oceans all hit the record books for warmth last month, according to the U.S. National Centers for Environmental Information. The high temperatures could offer clues on […]

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