Author Archives: Syndicated Content
Novacyt signs coronavirus test supply contract with UK government
PARIS (Reuters) - Healthcare and clinical diagnostics company Novacyt has signed a supply contract with the UK's Department of Health & Social Care (DHSC) for its product aimed at testing for the pres...
Apr 27, 2020
NMC Health to delist from London Stock Exchange
(Reuters) - Troubled hospital operator NMC Health on Monday said it requested London Stock Exchange to delist its shares after they remained suspended for two months. The UAE-based company was placed ...
Apr 27, 2020
Japan's MUFG expects deep recession across GCC countries
DUBAI (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) expects countries in the six-nation Gulf Cooperation Council (GCC) to be in deep recession this year with overall real GDP down to -...
Apr 27, 2020
Singapore confirms 799 new coronavirus cases
SINGAPORE (Reuters) - Singapore has confirmed 799 more coronavirus infections, its health ministry said on Monday, taking the city-state's tally of cases to 14,423. Most of the new cases are among mig...
Apr 27, 2020
UAE against unilateral changes to situation in Yemen: official
DUBAI (Reuters) - The United Arab Emirates stands against a decision by a main Yemeni southern separatist group to declare self-rule in areas it controls, and urges full implementation of a peace deal...
Apr 27, 2020
German companies call for COVID-19 aid to be tied to climate action
FRANKFURT (Reuters) - German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to ...
Apr 27, 2020
Holiday Inn-owner reorders debt as first-quarter revenue per room sinks 25%
(Reuters) - Holiday Inn-owner InterContinental Hotels said on Monday it had agreed changes to the terms of its borrowing with creditors and made use of UK government supported loans as it predicted a ...
Apr 27, 2020
Norwegian Air's debt plan sharply dilutes stake of current owners
OSLO (Reuters) - Norwegian Air's proposed financial rescue plan could leave current shareholders with a combined ownership stake of just 5.2%, details of its proposed debt-to-equity swap showed on Mon...
Apr 27, 2020
VW re-starts Europe's largest car factory after coronavirus shutdown
FRANKFURT (Reuters) - Volkswagen the world's largest carmaker by sales, on Monday said it had resumed work at its biggest factory in Wolfsburg, Germany, to give its workers time to adapt to new hygien...
Apr 27, 2020
Back at work, British PM Johnson faces lockdown Catch-22
By Guy Faulconbridge and Kate Holton LONDON (Reuters) - Prime Minister Boris Johnson returns to work on Monday to the biggest dilemma of his premiership: how to lift the coronavirus lockdown that is d...
Apr 27, 2020
