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In Berkeley, hunting toilet paper and dodging hikers

A series of dispatches from America in the age of Covid-19. The hunt for a roll of toilet paper: It’s now one of those shared experiences in American life we will all one day tell our grandchildren about, just before they infect us with some new virus. None of the delivery services here in Berkeley, California, even pretend that they ...

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Bankers reluctant to give Asian commodity traders more credit

Bloomberg Bankers are increasingly reluctant to give commodity traders in Asia the credit they need to survive as the lenders grow ever more fearful about the risk of a catastrophic default. Their anxiety has reached new heights in recent days as fabled Singapore oil trader Hin Leong Trading (Pte.) Ltd. struggles to repay debts said to amount to almost $4 ...

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Dubai leads Middle Eastern stock gains

Bloomberg Middle Eastern stocks rose on Sunday following a rally in emerging-market assets at the end of last week as the US outlined steps to reopen its coronavirus-shuttered economy. Dubai’s DFM General Index climbed 2.6% as of 10:07 am local time, while gauges in Abu Dhabi and Kuwait advanced as much as 1.5%. MSCI Inc.’s index of developing-nation stocks strengthened ...

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