Author Archives: Syndicated Content
India's economy shrinks record 23.9% y/y in April-June quarter: government
NEW DELHI (Reuters) - Indian economy contracted at its steepest pace on record of 23.9% year-on-year in the June quarter, official data showed on Friday, as the pandemic lockdown shattered consumer an...
Aug 31, 2020
Finland launches its own coronavirus tracing app
HELSINKI (Reuters) - Finland's health authorities on Monday launched the country's own and long-waited contact tracing smartphone app to combat the spread of COVID-19. "Everyone of us can start using ...
Aug 31, 2020
No reset, no bottom for GE yet: J.P. Morgan
(Reuters) - General Electric Co shares are now worth less than $5 each, analysts from J.P. Morgan said on Monday, valuing the U.S. conglomerate at less than $44 billion and predicting it is yet to rea...
Aug 31, 2020
Factbox: Latest on the worldwide spread of coronavirus
(Reuters) - The European Commission said it would contribute 400 million euros ($475 million) to an initiative led by the World Health Organization to buy COVID-19 vaccines, but did not clarify whethe...
Aug 31, 2020
CD&R to buy KKR's Epicor Software for $4.7 billion
(Reuters) - Private equity firm KKR & Co Inc will sell business software maker Epicor Software Corp to Clayton Dubilier & Rice in a $4.7 billion deal, the companies said on Monday. Companies such as E...
Aug 31, 2020
With borders closed, South Africa pins hopes on cash-strapped local tourists
By Wendell Roelf CAPE TOWN (Reuters) - Lisa Krohn's Ashanti Lodge in Cape Town - normally abuzz with backpackers from around the world - today sits largely empty, a sign of how the pandemic has crushe...
Aug 31, 2020
GSK, partner Vir join race to find COVID-19 antibody treatment
(Reuters) - GlaxoSmithKline and partner Vir Biotechnology have started testing their experimental antibody on early-stage COVID-19 patients, entering the race to find a winner in a promising class of ...
Aug 31, 2020
Mexico's Pemex tests limits of investor influence on climate change
By Stefanie Eschenbacher and Simon Jessop MEXICO CITY/LONDON (Reuters) - At a time when oil production is at historic lows, lenders who want Mexican oil giant Pemex to adapt to climate change are stru...
Aug 31, 2020
Moscow police open criminal case after anti-Kremlin blogger badly beaten
MOSCOW (Reuters) - Moscow police opened a criminal inquiry on Monday after anti-Kremlin opposition activist and political blogger Yegor Zhukov was beaten and left bloodied outside his home at the week...
Aug 31, 2020
Thailand delays China submarines buy amid public outrage
BANGKOK (Reuters) - Thailand has postponed the purchase of two submarines from China, officials said on Monday, following more than a week of public outcry about a multi-million dollar procurement dur...
Aug 31, 2020
