5 Things You Need To Know, Today, on Monday 10th February 2020
06:02, 10th February 2020

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5 Things You Need To Know, Today, on Monday 10th February 2020

5. Chinese authorities lifted some coronavirus-related restrictions on work and travel, helping businesses resume work however overall sentiment was still jittery as the death toll from the epidemic climbed.

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4. Amazon is the latest major company to pull out of one of the world's largest tech shows in Barcelona because of risks posed by coronavirus.

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3. Oil prices edged down on today but held recent ranges as traders assessed China’s oil demand following the coronavirus outbreak and awaited a decision by major producers to cut output further to balance markets.

Oil is off more than 20% from peaks struck in January after a spreading virus hit demand in the world’s largest oil importer and fuelled concerns of excess supplies.

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2. China's ambassador to the UK says Tory politicians opposed to Huawei playing a role in the UK's 5G network are conducting "a witch-hunt".

The group, including four ex-cabinet ministers, want "high-risk" vendors ruled out now, or phased out over time.

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1. Britain plans to announce the location of up to 10 post-Brexit freeports by the end this year so they can begin operating in 2021, the government said on yesterday.

Freeports are areas where imported goods can be held or processed free of customs duties before being exported again. They can also be used to import raw materials and make finished goods for export.

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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