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• China’s service sector activity contracts at record pace in Feb- official PMI

  China’s services sector activity
  also shrank at a record pace in February, official data showed
  on Saturday.

  

  

• UPDATE 3-Harley-Davidson looks for new leadership to end its sales struggle

  Harley-Davidson Inc on Friday
  named a board member hailed for turning around the Puma brand’s
  near-bankrupt business as its interim chief as the motorcycle
  maker gropes for an effective strategy to woo young customers
  and revive sales.

  

  

• Goldman Sachs Asset Management added to stocks portfolio as markets tumbled

  Portfolio managers at Goldman Sachs Asset
  Management have used the recent selloff in global stocks caused
  by the coronavirus as an opportunity to take positions in a
  range of companies focusing on everything from concerts to
  cosmetics.

  

  

• Virgin Galactic dealmaker seeks to raise $900 mln for new blank check companies

  Chamath Palihapitiya, the dealmaker
  behind last year’s blockbuster Virgin Galactic deal, is looking
  to raise a combined $900 million through two new investment
  vehicles, according to regulatory filings.

  

  

• USTR vows to push for trade deals with Britain, EU; seeks broader reset at WTO

  The Trump administration on
  Friday said it would focus on concluding trade agreements with
  Britain, the European Union and Kenya over the coming year,
  while strictly enforcing trade laws and pushing for a broader
  reset of the World Trade Organization.