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The global epidemic has wiped at least $1.5trn off global stock markets in the past week.
One of private markets’ biggest investors, Singaporean state fund Temasek is implementing pay cuts to counter the economic impact of the rapidly spreading outbreak.
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An update on how coronavirus is being felt by consumer-facing businesses in China; EQT makes it official in Oz; and where the FT went wrong. Here’s today's brief, for our valued subscribers only.
Consumer businesses closed
Businesses such as McDonald’s China, which is owned by the Carlyle Group and CITIC Capital, have announced temporary closures in certain regions.

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