Author Archives: Syndicated Content
India's small businesses struggle to pay wages amid coronavirus lockdown
By Manoj Kumar NEW DELHI (Reuters) - Hundreds of thousands of cash-starved Indian small businesses have either deferred or cut their workers' wages this month, say industrialists and union leaders, am...
Thomson Reuters Apr 07, 2020
Demand for Luckin app surges as Chinese rush to drink up after admission of fraud
By Sophie Yu and Jennifer Hughes BEIJING / HONG KONG (Reuters) - Luckin Coffee's app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long ...
Thomson Reuters Apr 07, 2020
Finland extends border controls until May 13
HELSINKI (Reuters) - Finland's government on Tuesday extended and tightened border controls restricting travel to and from the country until May 13 in order to contain the spread of the novel coronavi...
Thomson Reuters Apr 07, 2020
Qatar to postpone $8 billion of contracts from projects due to coronavirus
DUBAI (Reuters) - Qatar's ruler has asked the government to postpone $8.2 billion in unawarded contracts on capital expenditure projects due to the coronavirus outbreak, a bond prospectus seen by Reut...
Thomson Reuters Apr 07, 2020
Russia's daily rise in coronavirus cases tops 1,000 for first time
MOSCOW (Reuters) - The number of coronavirus cases in Russia rose by more than 1,000 for the first time to reach 7,497 in the past 24 hours, the country's crisis response centre said on Tuesday. The n...
Thomson Reuters Apr 07, 2020
UK finance minister Sunak, 39, next in line to lead country after Raab
LONDON (Reuters) - British finance minister Rishi Sunak would take responsibility for leading the country if Dominic Raab, currently standing in for hospitalised Prime Minister Boris Johnson, were als...
Thomson Reuters Apr 07, 2020
Investors flock to buy UK debt, despite record supply
By David Milliken LONDON (Reuters) - Britain attracted the strongest investor demand since 2005 for its government bonds on Tuesday, when it kicked off a record period of debt issuance to fund higher ...
Thomson Reuters Apr 07, 2020
UK housing market on hold due to coronavirus crisis: Halifax
LONDON (Reuters) - Britain's housing market is largely on pause due to the coronavirus crisis which will make it hard to calculate price changes ahead, but it is too early to gauge the long-term impac...
Thomson Reuters Apr 07, 2020
Japan's SoftBank to invest $48 million in Brazil pet products site Petlove
SAO PAULO (Reuters) - Japan's SoftBank Group Corp reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement on Tuesday. ...
Thomson Reuters Apr 07, 2020
Indian states scramble for funds as virus takes toll on coffers
By Swati Bhat MUMBAI (Reuters) - A three-week nationwide lockdown is testing the resilience of India's state governments, with analysts warning that essential public services and health care for milli...
Thomson Reuters Apr 07, 2020