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Safe-haven dollar lifted by rise in coronavirus cases

The U.S. dollar was slightly higher on Wednesday afternoon as evidence of a surge in coronavirus cases in some U.S. states and in Beijing sent investors into safe-haven assets.
Safe-haven dollar lifted by rise in coronavirus casesSafe-haven dollar lifted by rise in coronavirus casesSafe-haven dollar lifted by rise in coronavirus cases
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Fed's Powell beats drum for more government aid to bolster economy

The U.S. economy is beginning to recover from the worst of the coronavirus crisis, but with some 25 million Americans displaced from work and the pandemic ongoing, it will need more help, Federal Reserve Chair Jerome Powell told lawmakers on Wednesday.
Fed's Powell beats drum for more government aid to bolster economyFed's Powell beats drum for more government aid to bolster economyFed's Powell beats drum for more government aid to bolster economy
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Hertz suspends share sale after U.S. SEC raises objections

Bankrupt Hertz Global Holdings Inc on Wednesday suspended its plan to sell up to $500 million in new shares after the U.S. Securities and Exchange Commission (SEC) raised objections to the sale, the car rental firm said on Wednesday.
Hertz suspends share sale after U.S. SEC raises objectionsHertz suspends share sale after U.S. SEC raises objectionsHertz suspends share sale after U.S. SEC raises objections
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Oil slides on fresh COVID-19 outbreaks, bump in crude stocks

Oil prices settled lower on Wednesday on fuel demand worries due to an uptick in coronavirus cases, with emerging hotspots in China and the United States, and as U.S. crude stocks grew again, taking commercial inventories to another all-time high.
Oil slides on fresh COVID-19 outbreaks, bump in crude stocksOil slides on fresh COVID-19 outbreaks, bump in crude stocksOil slides on fresh COVID-19 outbreaks, bump in crude stocks
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Amazon launches Saudi Arabia shopping site despite CEO's dispute with kingdom

Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company's chief executive, Jeff Bezos.
Amazon launches Saudi Arabia shopping site despite CEO's dispute with kingdomAmazon launches Saudi Arabia shopping site despite CEO's dispute with kingdomAmazon launches Saudi Arabia shopping site despite CEO's dispute with kingdom
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