Author Archives: Syndicated Content
Tim Hortons China says Tencent has invested, did not disclose amount
HONG KONG (Reuters) - Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market. Tim Hortons said in...
May 11, 2020
Hyatt to restructure and lay off 1,300 employees
(Reuters) - Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a virtual halt in global tra...
May 11, 2020
Montana judge upholds ruling that canceled Keystone XL pipeline permit
By Timothy Gardner WASHINGTON (Reuters) - A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and thre...
May 11, 2020
Japan to approve its first antigen coronavirus test kits on Weds
TOKYO (Reuters) - The Japanese Health Ministry is set to approve antigen coronavirus testing kits on Wednesday, a ministry official said on Tuesday, in a move to boost the number of diagnostic tests a...
May 11, 2020
China April PPI posts sharpest year-on-year fall in four years
BEIJING (Reuters) - China's factory gate prices in April fell at the sharpest annual rate in four years, official data showed on Tuesday, underscoring the downward pressure on production in the world'...
May 11, 2020
Mexico's president orders military on streets to curb rising violence
MEXICO CITY (Reuters) - Mexico's president has ordered the armed forces to tackle security on the streets for another four years, extending a policy he had previously criticized as the government stru...
May 11, 2020
Australia business conditions sink further, confidence lifts off the floor
SYDNEY (Reuters) - A measure of Australian business conditions slid deeper into negative territory in April as sales, profit and employment suffered from coronavirus-induced lockdown, though confidenc...
May 11, 2020
Logitech sales rise nearly 14% on higher demand amid work from home activity
(Reuters) - Logitech International reported on Tuesday an increase of 13.6% in its sales for the fourth quarter, as the computer peripherals maker said its products to support working from home were i...
May 11, 2020
Dollar hits two-week peak as 'second wave' virus fears drive safe-haven bid
By Tom Westbrook SINGAPORE (Reuters) - The dollar rose to a two-week high against major peers on Tuesday, propelled by rising U.S. bond yields and increasing safe-haven demand amid growing fears about...
May 11, 2020
Oil prices rise as Saudi Arabia pledges further supply cut
By Sonali Paul MELBOURNE (Reuters) - Oil futures climbed in early trade on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in th...
May 11, 2020
