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7 Jul, 2020 06:38

Stocks pop on previous market gains

Amid concerns over a record number of Covid-19 cases, a group of scientists is now pushing the World Health Organization to take the idea of its airborne spread more seriously. Equities are thriving and global stocks are rallying at the start of the week. Plus, Warren Buffet’s Berkshire Hathaway is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Uber is also making bids this weekend, agreeing to purchase food delivery service Postmates in a stock deal. Meanwhile, Chinese tensions with the West are on the rise as the UK targets Huawei equipment in the nation’s development of 5G.

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