China announced on Thursday that it will halve tariffs on $75 billion worth of US imports, as the world's two largest economies continue to step back from a years-long trade war that has hurt both countries and dented global growth.
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Qatar Airways is in talks to buy a 49 percent stake in Rwanda's state carrier, RwandAir, the Gulf airline's chief executive officer has said.
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Hyundai Motor Company will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.
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OPEC consulted with China in an urgent assessment of how the coronavirus may hurt oil demand, and what measures the group could take to stop prices falling any lower.
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More businesses across Asia are suspending operations and an international aviation summit has been cancelled in an attempt to curb the spread of the new coronavirus from China.
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Shares of Tesla Inc surged 15 percent on Tuesday to hit the $900 mark, extending a stunning rally that has more than doubled the company's market value since the start of the year as more investors bet on Chief Executive Elon Musk's vision.
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