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President Donald Trump and Joe Biden, his Democratic rival, traded victories in conservative and liberal states as they waited for the results in the battlegrounds that will decide the election, including Florida. Mr Trump won solidly conservative states including Indiana, Tennessee and South Carolina. Mr Biden took New York, Virginia, Maryland, Massachusetts and Illinois, all
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European politicians have long known there was a real danger of a second wave hitting the continent, but few predicted it would hit with the speed and ferocity seen in recent weeks. The coronavirus resurgence that has forced EU countries into new lockdowns is being exacerbated by multiple failures, including premature lifting of restrictions, behavioural
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US coronavirus cases increased by 97,000 on Friday, by far the largest one-day jump since the start of the pandemic, with Midwestern states leading a wave of infections, hospitalisations and deaths across the country just days before the presidential election.  The sharp increase, which beat Thursday’s record of 88,400, took the weekly total for the
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Equities markets were set to cap a volatile trading week on a gloomy note on both sides of the Atlantic after broadly upbeat earnings from America’s tech giants failed to impress investors. A sell-off on Wall Street gathered pace an hour after the opening bell, sending the large-cap S&P 500 down 1.9 per cent and
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The biggest US tech companies set aside their growing political troubles on Thursday to disclose the latest leg of their seemingly unstoppable business ascendance: a stunning boom in digital markets has lifted their fortunes at a time when much of the global economy is hurting. Alphabet, Amazon, Apple and Facebook all disclosed quarterly results on
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European countries are poised to tighten coronavirus crisis restrictions as soaring infection rates stoke alarm across the continent, sending stocks to their lowest level since May. Angela Merkel, Germany’s chancellor, was due to hold talks on Wednesday with premiers of the country’s 16 states about proposed new curbs, while France’s president Emmanuel Macron will give
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Apple is stepping up efforts to develop its own search technology as US antitrust authorities threaten multibillion-dollar payments that Google makes to secure prime placement of its engine on the iPhone. In a little-noticed change to the latest version of the iPhone operating system, iOS 14, Apple has begun to show its own search results
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More than 60m Americans have already cast their ballots in the US presidential election amid a surge in early voting due to the pandemic, pointing to massive turnout despite fears that Covid-19 would dampen participation. According to data from the US Elections Project, more than 63m Americans had voted as of Monday evening, either by
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A vaccine considered a frontrunner in the race to protect the global population from Covid-19 has produced a robust immune response in elderly people, the group at highest risk from the disease, according to two people familiar with the finding. The discovery that the vaccine being developed by the University of Oxford, in collaboration with
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The Italian government is expected to introduce the harshest public health restrictions since the end of its first national lockdown in May as new coronavirus cases hit a fresh daily record on Saturday. A draft government decree leaked to multiple Italian media outlets on Saturday suggested that Giuseppe Conte, prime minister, was preparing as early
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US states were grappling with surges in coronavirus cases that threatened to overwhelm hospitals as Donald Trump and Joe Biden staged competing campaign rallies on Saturday with just 10 days to go until the presidential election. Mr Trump was due to visit three battleground states — North Carolina, Ohio and Wisconsin — on Saturday alone
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The US has tallied the most new coronavirus cases in a week since a major summer outbreak, threatening to overwhelm hospitals in parts of the country just as voters head to the polls for one of the most hotly contested presidential elections in modern history. The worst-hit region in the latest spike continued to be
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European governments have warned of an alarming rise in the number of coronavirus infections across the continent from west to east, an autumnal second wave that threatens to overwhelm hospitals and will sharply increase the death toll in the weeks ahead.  “The situation is grave,” Pedro Sánchez, Spain’s prime minister, said on Friday, a day
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Donald Trump and his Democratic challenger Joe Biden clashed over the best way to tackle the coronavirus pandemic in a final presidential debate on Thursday night that was less chaotic than their first encounter. Mr Biden slammed Mr Trump over his handling of the crisis, accusing the president of hiding the severity of the threat
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Hong Kong’s securities regulator has fined Goldman Sachs’s Asia business a record $350m for serious deficiencies in risk compliance and money laundering controls in relation to Malaysia’s 1MDB. The Hong Kong fine is the first of more than $2bn of new penalties set to be announced on Thursday as regulators from the US to the
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China is promising preferential access to its Covid-19 vaccines to countries across Asia, Africa and Latin America, as Beijing uses inoculations as a new tool to bolster its ties with nations neglected by the US. Wang Yi, China’s foreign minister, has spearheaded the effort, pledging that Malaysia, Thailand, Cambodia and Laos will be among the
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