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Facebook names new lead independent director

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Facebook Inc appointed Robert Kimmitt, the US Treasury's ex-deputy secretary, as its new lead independent director, according to Reuters.
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27 Mar 2020

Fed's balance sheet soars past $5 trillion

The balance sheet of the US Federal Reserve topped 5 trillion dollars in assets by collecting bonds and extending loans to central banks and mutual funds in Fed's effort to bolster the economy amid the global coronavirus outbreak.

27 Mar 2020

Huawei rolls out P40 smartphones online

China's Huawei Technologies has released its new flagship P40 smartphones this week during an online presentation, as the coronavirus thwarted the planned event.

27 Mar 2020

US automakers to shore up finances, restart some plants

General Motors and Ford Motor announced they would shore up finances in the face of the coronavirus outbreak that affects economy, with Ford planning to resume its production of the most profitable cars in April.