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Ford, GE to produce 50,000 ventilators in 100 days

DETROIT (Reuters) – Ford Motor Co said on Monday it will produce 50,000 ventilators over the next 100 days at a plant in Michigan in cooperation with General Electric’s healthcare unit, and can then build 30,000 per month as needed to treat patients afflicted with the coronavirus. Ford said the simplified ventilator…

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S&P 500 set for worst first quarter since 1938

(Reuters) – Wall Street was set to open lower on Tuesday, with the S&P 500 headed for its worst first quarter since 1938 as evidence grew of the scale of the damage caused by the collapse in oil prices and business activity due to the coronavirus. FILE PHOTO: Traders work on the…

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Disney+ to launch in India on April 3: ET

FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Walt Disney Co’s (DIS.N) video streaming service, Disney+, will launch in India on April 3 through its local partner…

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IMF extends bilateral borrowing arrangements through 2023

FILE PHOTO: The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, U.S., April 8, 2019. REUTERS/Yuri Gripas/File Photo WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday its board approved a new, three-year framework for bilateral borrowing agreements, ensuring that its full…

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Coronavirus, Stay-at-Home, Zoom: Your Tuesday Briefing

(Want to get this briefing by email? Here’s the sign-up.) Good morning. We’re covering expanding stay-at-home orders in the U.S. and a privacy investigation involving Zoom, the videoconferencing app. The late-night comedy shows returned on Monday, at least for one night, so our roundup has, too. Image A field hospital has been…

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In Search of Zambia’s Stunning Wildlife: A Virtual Safari

With travel restrictions in place worldwide, we’re turning to photojournalists who can help transport you, virtually, to some of our planet’s most beautiful and intriguing places. We’re calling this new series “The World Through a Lens.” This week, the photographer Marcus Westberg shares a collection of wildlife photographs from Zambia, which he’s…

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Oil plunges to 2002 lows, shares sink again

LONDON/SYDNEY (Reuters) – Oil took another eyewatering 8% tumble on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. FILE PHOTO: A long exposure image shows the movement of a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S.,…

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