Carnival plans to sell 12%of its fleet as the pandemic keeps the US cruise industry at a standstill

Carnival Corporation, the largest cruise company in the world, will sell 18 ships, amounting to 12% of its fleet.  The company made the announcement in a third-quarter earnings filing, where it also reported a $2.9 billion net loss for the period.  Carnival has already sold eight ships and postponed deliveries of new vessels.  Visit Business…

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Breakingviews

NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.Various Heinz sauces of U.S. food company Kraft Heinz are offered at a supermarket of Swiss retail group Coop in Zumikon, Switzerland December 13, 2016. REUTERS/Arnd WiegmannLATEST- Big Food and…

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Breakingviews

NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.Various Heinz sauces of U.S. food company Kraft Heinz are offered at a supermarket of Swiss retail group Coop in Zumikon, Switzerland December 13, 2016. REUTERS/Arnd WiegmannLATEST- Big Food and…

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Tennis-Djokovic out to make hay while the sun shines in New york city

(Reuters) - Off-court distractions and a neck injury could not prevent Novak Djokovic from extending his winning run this year to 23 matches and the Serbian could not be in more intimidating form ahead of the U.S. Open.Djokovic clinched his 80th career title and equalled Rafa Nadal’s record of 35 Masters 1000 wins when he…

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Djokovic out to make hay while the sun shines in New York

(Reuters) - Off-court distractions and a neck injury could not prevent Novak Djokovic from extending his winning run this year to 23 matches and the Serbian could not be in more intimidating form ahead of the U.S. Open.FILE PHOTO: Tennis - Adria Tour - Zadar, Croatia - June 21, 2020 Serbia's Novak Djokovic celebrates winning…

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Lack of market turbulence is the key factor preventing Congress from forging a stimulus deal, global technique chief at world’s largest financial investment company says

CNBC TV BlackRock's Mike Pyle told Bloomberg that a "chicken and egg problem" could be to blame for why Congress hasn't reached a deal for a new stimulus. The problem: Markets have already priced in that a deal will be reached, and their lack of turbulence has gotten rid of any urgency Congress has to…

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New Zealand set to publish inmost financial depression on record

WELLINGTON (Reuters) - New Zealand is set to record its sharpest quarterly contraction and officially enter recession when it releases second quarter economic data this week, reflecting the full impact of coronavirus lockdowns on business.Pedestrians walk past a sailing boat as it passes in front of the central business district (CBD) of Wellington in New…

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New Zealand set to publish inmost economic depression on record: Reuters survey

WELLINGTON (Reuters) - New Zealand is set to record its sharpest quarterly contraction and officially enter recession when it releases second quarter economic data this week, reflecting the full impact of coronavirus lockdowns on business.Pedestrians walk past a sailing boat as it passes in front of the central business district (CBD) of Wellington in New…

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Marte’s 4-hit night guides D-backs past Giants

EditorsNote: minor edits in 1st grafKetel Marte tied a career high with three extra-base hits as part of a 4-for-5 evening, and the Arizona Diamondbacks held on for a 6-5 win over the host San Francisco Giants on Friday night in the first of a four-game series.Marte homered and doubled twice, and Daulton Varsho added…

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GLOBAL LNG-Asian LNG prices at more than seven-month high amid supply issues

* Gorgon Train 2 restart delayed until October* Sabine Pass, Cameron exports not yet resumed after hurricane* Chinese, Indian, South Korean buyers look for cargoesLONDON, Sept 4 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose this week as there were supply issues in Australia and the United States, while several buyers were looking…

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