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Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workers for COVID-19 and providing them with protective gear, and paying higher wages.

U.S. hedge fund Elliott Management has further cut its stake in Italy's biggest phone group Telecom Italia (TIM), a regulatory filing showed, amid an ongoing portfolio rebalancing as COVID-19 rocks financial markets.

The Trump administration has tightened restrictions on the use of ethanol in hand sanitizer, citing safety concerns and forcing some suppliers to halt sales at a time of soaring demand, according to sources and documents seen by Reuters.

Brazil has reported a record 7,218 confirmed cases of new coronavirus in the last 24 hours, raising the total to 85,380 cases, the Health Ministry said on Thursday.

At least 10 different drug compounds ranging from cancer therapies to antipsychotics and antihistamines may be effective at preventing the new coronavirus from multiplying in the body, according to a multidisciplinary study conducted by a team of scientists in the United States and France.

Video conferencing provider Zoom said on Thursday it had mistakenly published a blog last week that put its daily users at 300 million people when the figure instead referred to the number of meeting participants.

The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 1,031,659 cases of new coronavirus, an increase of 26,512 cases from its previous count, and said the number of deaths had risen by 2,552 to 60,057.

As the coronavirus pandemic engulfed the United States, Joe Shia, a consultant to Chinese medical companies, said he was bombarded with inquiries from American firms who saw a golden opportunity in selling tests to determine coronavirus immunity.

The number of deaths from COVID-19 in Peru has surpassed 1,000, the country´s ministry of health said on Thursday.

Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants dominating the online ads business, Google and Facebook, said this week they saw early signs that the worst could be over.

U.S. hedge fund Elliott Management has further cut its stake in Italy's biggest phone group Telecom Italia (TIM), a regulatory filing showed on Thursday.

The number of people who died of coronavirus infection in France increased by 289 or 1.2% to 24,376 on Thursday, the lowest increase on a weekday since end March, government data showed.

South Africa reported another 297 positive cases of the coronavirus on Thursday, another big jump after cases climbed by their most in single day on Wednesday, bringing the total in the country to 5,647, the health department said in a statement.

One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker's best-known critics, lobbed questions about the company's financials at its two top executives.

A total of 26,771 people have died of COVID-19 in the United Kingdom, up by 674 in a 24-hour period, data from the health ministry showed on Thursday.

Telecom Italia (TIM) will keep just over half of its staff working from home when Italy's biggest phone group begins a gradual reopening of its offices across Italy next week, company documents seen by Reuters showed.

Spain recorded its lowest daily coronavirus death tally in six weeks on Thursday, but data showing the economy shrank by the widest margin on record in the first three months of the year laid bare the heavy cost of measures to control the outbreak.

Canada's coronavirus curve is flat but some worrying trends are emerging, particularly outbreaks in vulnerable indigenous communities, the country's top medical officer said on Thursday.

(This story corrects headline and first paragraph in April 23 story after company clarifies it had mistakenly termed the 300 million as users instead of meeting participants)

Deaths from the COVID-19 epidemic in Italy climbed by 285 on Thursday, against 323 the day before, the Civil Protection Agency said, while the daily tally of new infections stood at 1,872, down from 2,086 on Wednesday.