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Bloomberg South Korea urged the US to “refrain from taking excessive measures” after the State Department raised its travel advisory on the Korean city of Daegu, where most of the nation’s novel coronavirus cases are centred. Foreign Minister Kang Kyung-wha spoke to US Deputy Secretary of State Stephen Biegun by phone, according to a statement from the South Korean foreign ...

Bloomberg India’s economy slowed to a more than six-year low in the final three months of last year, and it now faces a fresh threat from the coronavirus outbreak. Data showed growth decelerated to 4.7% in the three months through December from a year ago, the third straight quarter of decline and matching the median forecast in a Bloomberg survey ...

Bloomberg In an October post on TikTok, digital magician and video star Zach King walks up to the counter at Chipotle to receive a burrito bowl with chips. After he pays, he jumps and his clothes change in an instant into astronaut gear. Soon, everything in the store is floating in apparent zero gravity. Another star, Brittany Broski — known ...

Bloomberg Qualified labs will be able to develop and use their own coronavirus screening tests without waiting for an FDA authorisation, under a policy change that aims to address test-kit shortages that have come under heavy criticism. The Food and Drug Administration announced the move, hours after the Centres for Disease Control and Prevention announced four new cases of the ...

Bloomberg Sajid Javid was planning to reduce the basic rate of income tax, cut the tax on home sales and offer relief on capital investments in the budget he was expecting to present as Boris Johnson’s finance minister. In an interview with the Times conducted two weeks after he quit the government in a dispute with the prime minister, Javid ...

Bloomberg Three out of five college graduates say they should have majored in something different and would go back and change their field of study if they could, according to a survey by Bestcolleges.com. Why they want a change depends on their age. About a third of dissatisfied folks ages 24-39 said they should have focused on subjects that improved ...

Bloomberg General Motors Co said it will hire 1,200 new workers for its two plants in Lansing, Michigan, in part because of rising demand for the company’s mid-sized sport utility vehicles. The automaker plans to add a third shift and 800 workers at its Lansing Delta Township plant, where it builds the Chevrolet Traverse and Buick Enclave SUVs. GM also ...

Bloomberg The world’s biggest companies have started sounding the alarm. From Apple Inc. to Microsoft Corp., the corporate world has seen a sharp increase in profit warnings about a financial hit from the coronavirus in the past two weeks. But that may be just the tip of the iceberg, with the biggest blow to sales and supply chains mainly confined ...

ABU DHABI / WAM The second phase of Marking Tobacco and Tobacco Products Scheme is set to commence on March 1, with the scheme aiming to utilise latest digital solutions to boost efficiency of tax control systems and, in turn, support UAE’s transition to a knowledge-based economy in line with the National Agenda. The Federal Tax Authority (FTA), reaffirmed its ...

Bloomberg US and Taliban officials signed a peace deal aimed at winding down the war in Afghanistan after more than 18 years of fighting that turned into the longest conflict in American history. Secretary of State Michael Pompeo led a US delegation that signed the agreement with Taliban leaders. The deal — which followed a seven-day reduction in violence — ...