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Online travel services provider Expedia Group Inc said on Thursday private equity firms Silver Lake Partners and Apollo Global Management Inc would invest about $1.2 billion in the company.

China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10% this year, the finance ministry said on Thursday, following a decision last month to continue providing incentives to buy cleaner cars.

African nations that lack ventilators for the treatment of COVID-19 patients will receive some from a donation of 300 supplied by the Jack Ma Foundation, the head of the continent's disease control body said on Thursday.

With just a few hundred ventilators and international aid slow to materialise, Sudan's fledgling government knows it has an uphill battle against a coronavirus pandemic that has brought far richer countries to a standstill.

Germany gave the green light for human trials of potential coronavirus vaccines developed by German biotech company BioNTech, which is racing teams in Germany, the U.S. and China to develop an agent that will stop the pandemic.

Iranians have returned to shops, bazaars and parks this week as the country eases coronavirus restrictions, and the daily increase in the death toll from the illness remained below 100 on Thursday.

The European Union's drug regulator warned again on Thursday against using two older malaria drugs to treat COVID-19, caused by the novel coronavirus, outside trials or national emergency use programmes, citing potentially lethal side-effects.

Chinese household appliances maker Hisense will cut about 2,200 jobs in Europe by the end of the year because of a coronavirus-related demand slump, Slovenia-based Hisense Europe said on Thursday.

The number of confirmed coronavirus cases in the Netherlands rose by 887 to 35,729, health authorities said on Thursday, with 123 new deaths.

Japanese trading house Itochu said on Thursday that it will recall cloth face masks and tighten inspections of them following reports of defects in masks the government has delivered to households, although it is not known if Itochu's products were among those tainted.

Scientists are baffled by how the coronavirus attacks the body - killing many patients while barely affecting others.

Often rowdy and confrontational, this year's bank shareholder meetings have so far been brief and uneventful as the annual gatherings move online amid U.S. coronavirus lockdowns.

Chinese electric vehicle maker BYD said on Thursday it has partnered with Toyota-owned truck maker Hino Motors to develop electric commercial vehicles, as BYD deepens electric collaboration with Japan's top automaker.

Nearly 50 out of over 600 crew members on an Italian cruise ship docked for repairs in Japan's Nagasaki have tested positive for the coronavirus, raising concern about the strain on the city's hospitals if conditions worsen for those infected.

China's agriculture ministry said on Thursday it will start taking samples from horses along its southern borders to check for African horse sickness after the deadly disease was detected in Thailand.

Germany has chosen a home-grown technology for smartphone-based tracing of coronavirus infections, putting it at odds with Apple which has refused on privacy grounds to support the necessary short-range communication on iPhones.

The Swiss death toll from the new coronavirus has reached 1,268, the country's public health agency said on Thursday, rising from 1,217 people on Wednesday.

Britain's AstraZeneca is testing a diabetes drug as a potential treatment for COVID-19 patients who also had existing heart and kidney problems, its second trial of an approved therapy to help treat the disease caused by the coronavirus.

Workers in the port of Antwerp will next month begin testing wristbands developed by a Belgian technology company that could help guarantee the social distancing required during the COVID-19 pandemic.

Apple Inc supplier LG Display Co Ltd warned of a sharp contraction in demand for TVs and smartphones as a result of the new coronavirus outbreak in the current quarter, after widening its first-quarter losses.