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Bloomberg Thailand’s top provider of jet refueling services said its goal of greener business operations will help cushion the blow from the coronavirus outbreak, which is hurting demand by stalling tourism. The firm, Bangkok Aviation Fuel Services, is building a 586-kilometrepipeline from central to northern Thailand to transport oil products for automobiles and industry. The connection is expected to be ...

Bloomberg On Lake Como in northern Italy, spring normally spells the return of the tourists. The likes of George Clooney descend on waterfront villas, couples wander the cobbled streets and design fairs fill hotel rooms with well-heeled travellers. This year, because of the coronavirus, hoteliers are wondering whether the visitors will come at all. Hotels in the area saw more ...

Bloomberg UK Prime Minister Boris Johnson should look beyond large transport projects to ensure the billions of pounds of planned extra spending boosts the whole UK economy, according to the Resolution Foundation. Johnson’s budget next week is expected to raise capital spending by 20 billion pounds ($26 billion) a year, taking investment to levels last sustained in the 1970s. The ...

Bloomberg A quiet Huawei Technologies Co-led 5G revolution is unfolding at the heart of Europe — in the bucolic Swiss hamlet of Taenikon. Far from President Donald Trump’s campaign to stop the world from using the Chinese company’s technology, cows in this northern Swiss village — with its white-washed cottages and manicured fields — wear Huawei’s 5G-connected neck-straps instead of ...

Bloomberg Amazon.com Inc notified employees of the first confirmed case of coronavirus among its US workforce. The online retailer told workers about the infected employee via email. The employee left work February 25 due to an illness and the company said it was informed that the person had contracted Covid-19. All co-workers in contact with the employee, who were at ...

Bloomberg Facebook Inc and its partners are considering redesigning the Libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators and rebuild momentum for the plan. When Facebook unveiled Libra, it said it intended to create a single global digital currency. Anyone, especially the 1.7 billion ...

Bloomberg Google has rejected dozens of ads from Donald Trump’s presidential campaign for violating its ad policies in the week leading up to Super Tuesday, as well as a Bernie Sanders ad and two from a political action committee supporting Joe Biden, according to data released by the company. A spokeswoman for Alphabet Inc’s Google declined to comment on its ...

Doctors have been preparing for 15 years for “the big one,” a pandemic that will rock the global public health system like an earthquake. Now, with the rapid spread of coronavirus, it may be happening. This viral outbreak probably won’t look like anything that most of us have seen. Some schools may be closed; sports schedules will be modified; travel ...

In Finland’s epic national poem, the Kalevala, a hero is tasked with retrieving the mythical sampo, a mill capable of producing salt, meal and gold that is a talisman of happiness and prosperity. It’s a task that now befalls Pekka Lundmark, the executive appointed as chief of Nokia Oyj with a mandate to return the troubled Finnish network-equipment maker to ...

The Federal Reserve finally succumbed to rising pressure from financial markets that have been roiled by the widening coronavirus crisis with its pledge to “act as appropriate to sustain the expansion.” Despite repeated denials that it was too early to consider a policy shift, the Fed eventually recognised that they couldn’t let markets slide day after day without a firm ...