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February 27, 2020
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South Korea reports 334 new coronavirus cases, postpones military drill with U.S. troops

By Administrator_India Capital Sands South Korea reported 334 additional cases of the new coronavirus on Thursday, the largest daily increase yet, as the U.S. State Department issued a new travel warning for South Korea and a joint military drill was postponed. The new cases bring the total tally to 1,595, the Korea Centers for Disease […]

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February 26, 2020
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More than a dozen killed, hundreds injured as New Delhi riots overshadow Trump visit

By Administrator_India Capital Sands More than a dozen people have been killed and hundreds injured in clashes between opposing groups of protesters in New Delhi, hospital officials said on Tuesday, as riots overshadowed U.S. President Donald Trump’s first visit to India. The clashes, the worst in the capital since unrest over a new citizenship law […]

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February 25, 2020
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India’s economy likely grew 4.7% in December quarter

India's economy likely grew 4.7% in December quarter

By Ritu, Capital Sands Indian economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in the previous quarter, a Reuters poll showed, with a small rebound in rural demand and private consumption expected. Annual gross domestic product growth likely rose to 4.7% in the last quarter […]

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February 25, 2020
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Modi holds huge rally for U.S. president’s India visit

By Administrator_India Capital Sands Donald Trump was cheered by more than 100,000 Indians at the opening of the world’s largest cricket stadium on Monday, promising “an incredible trade deal” and “the most feared military equipment on the planet” at his biggest rally abroad. Indians wore cardboard Trump masks and “Namaste Trump” hats to welcome the […]

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February 24, 2020
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PepsiCo buys Chinese snack brand Be & Cheery for $705 mn

PepsiCo buys Chinese snack brand Be & Cheery for $705 mn

By Ritu, Capital Sands PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said. The U.S. multinational food and beverage maker said the acquisition of Be & Cheery, which sells snacks from nuts to dried fruits mainly on […]

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February 24, 2020
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Virus spread beyond China drives investors to dollars

By Administrator_India Capital Sands Asian currencies slid on Monday as the rapid spread of the coronavirus outside China drove fears of a pandemic and sent investors flocking to gold and the dollar for safety. Italy, South Korea and Iran posted sharp rises in infections over the weekend. South Korea now has more than 760 cases, […]

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February 20, 2020
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Google plans to move UK users’ accounts outside EU jurisdiction

By Administrator_India Capital Sands Google is planning to move its British users’ accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, the company confirmed late on Wednesday. The shift, prompted by Britain’s exit from the EU, will leave the sensitive personal information of tens of millions with less […]

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February 19, 2020
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U.K. Inflation Accelerates to Its Fastest Pace in Six Months

U.K. Inflation Accelerates to Its Fastest Pace in Six Months

By Ritu Capital Sands U.K. inflation picked up for the first time in six months, boosted by the cost of energy, motor fuel and air fares. Consumer prices rose a stronger-than-forecast 1.8% in January from a year earlier, the fastest since July, the Office for National Statistics said Wednesday. Core inflation picked up to 1.6%. […]

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February 19, 2020
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Dollar shines against Euro, riskier peers as virus hit widens

By Administrator_India Capital Sands The dollar stood tall over the languishing euro and heavily sold exporter currencies on Wednesday, as investors reckoned with a deepening economic fallout from the coronavirus. The new coronavirus has caused 2,004 deaths in China and infected more than 74,000 people, while measures to contain it have paralyzed the economy and […]

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February 18, 2020
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UK jobs growth jumps again despite broader economic slowdown

UK jobs growth jumps again despite broader economic slowdown

By Ritu, Capital Sands The number of people in work in Britain jumped again in the last three months of 2019, according to data which underscored how the labor market defied a slowing of the broader economy ahead of December’s election. The number of people in work jumped by 180,000 to 32.934 million, at the […]