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As recently as Thursday, the World Economic Forum had mentioned it was continuing with the occasion, which draws thousands of politicians, executives and nonprofit leaders to a ritzy ski town in the Swiss Alps for lectures, panel discussions, dinners and events. Organizers had mentioned they might Business News decide about whether or not to proceed by Jan. 6. Citigroup despatched a memo to its workers in New York and New Jersey giving them the choice to work from home by way of the vacations given the surge in cases in the New York metropolitan space.

• The digital affected person record market, like most industries, is adopting cloud-computing know-how.
• ASB has reduced its residence lending rates for a second time prior to now week, matching drops from Westpac and BNZ in February.
• And Tesla shares were down 3.5 p.c and have shed more than a quarter of their value since their