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City officials in Phoenix, Arizona on Wednesday unanimously voted to authorize a development agreement with chipmaker Taiwan Semiconductor Manufacturing Co that would provide US$205 million in city funds for infrastructure such as roads and water improvements for a planned $12 billion semiconductor factory in the city.
NEW YORK: The S&P 500 notched a record closing high on Friday with upbeat earnings reports helping to drive optimism about the economy along with hopes for successful Covid-19 vaccines, even as investors monitored a surge in virus cases and restrictions around the country.
KUALA LUMPUR: A groundbreaking ceremony for the Four Seasons Resort and Private Residences Okinawa has been carried out at the project site in Onna Village, Okinawa in Japan.
PARIS: The French government promised on Sunday to support the nation's beloved independent shops that fear losing their business to international giants, such as Amazon.com Inc, as it sought to quell opposition to a new coronavirus lockdown.
LONDON: British Prime Minister Boris Johnson will set out new measures to try to contain a growing coronavirus crisis on Monday, outlining three new alert levels to better coordinate the government's under-fire response.
NEW YORK: Oil prices fell 3% on Thursday as rising coronavirus cases around the world dampened the demand outlook, and a rise in OPEC output last month also pressured prices.
NEW YORK: Oil prices fell over 3% on Tuesday to their lowest in two weeks on worries about the outlook for fuel demand as Europe and the United States grappled with a surge in new coronavirus infections.
LONDON: Struggling businesses were just getting back on their feet after the United Kingdom’s first national lockdown sparked the country’s deepest recession in over a century.
LONDON: The United Kingdom government is telling the public to work from home again if possible, as Prime Minister Boris Johnson prepares to announce new restrictions on bars and restaurants in a bid to halt a surge in coronavirus cases.