Author Archives: Syndicated Content
Thai central bank keeps key rate at record low on signs of gradual recovery
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) - Thailand's central bank left its key interest rate unchanged at a record low for a second straight meeting on Wednesday, as the economy...
Aug 05, 2020
BioNTech, Fosun launch another COVID-19 vaccine trial
BERLIN (Reuters) - Germany's BioNTech and China's Shanghai Fosun Pharmaceutical on Wednesday announced the start of another COVID-19 vaccine trial in China with a total of 144 participants. "The study...
Aug 05, 2020
WH Smith may cut up to 1,500 jobs in UK restructuring
(Reuters) - British retailer WH Smith said on Wednesday it could cut up to 1,500 jobs as part of a restructuring of its UK store operations due to a coronavirus-driven fall in customers at its travel ...
Aug 05, 2020
Hong Kong reports 85 coronavirus cases as authorities battle third wave
HONG KONG (Reuters) - Hong Kong reported 85 new coronavirus cases on Wednesday, including three that were locally transmitted, as authorities battle to control a third wave of the outbreak which has s...
Aug 05, 2020
Russia's VTB bank raises retail lending forecast amid record low rates
MOSCOW (Reuters) - Russia's second largest lender VTB Bank revised up its retail lending growth forecast for 2020 to around 6% from a base scenario of 1.8% in May, a board member said on Wednesday, ci...
Aug 05, 2020
Australian politician's staffer investigated for advancing China's interests
By Kirsty Needham SYDNEY (Reuters) - Australian federal police raided the home and office of a man employed by an Australian politician as part of a foreign interference investigation into whether he ...
Aug 05, 2020
Foreign investment in Dubai plummets in first half 2020
DUBAI (Reuters) - Foreign direct investment in Dubai fell by 74% in the first half of the year compared to the same period of 2019, as the coronavirus pandemic stalled parts of the global economy. The...
Aug 05, 2020
Philippines confirms 3,462 more coronavirus cases, nine deaths
MANILA (Reuters) - The Philippines' health ministry on Wednesday reported 3,462 new coronavirus infections and nine additional deaths. In a bulletin, the ministry said total infections had risen to 11...
Aug 05, 2020
UK businesses grow at fastest pace in five years in July after COVID slump
LONDON (Reuters) - British businesses in the services and manufacturing sectors grew at the fastest rate in more than five years last month as they began to recover from the effect of the COVID-19 loc...
Aug 05, 2020
Record drop in Swedish GDP is still better than most of Europe
STOCKHOLM (Reuters) - Sweden's gross domestic product fell a record 8.6% in the second quarter from the previous quarter and 8.2% from a year earlier, according to a flash estimate from the statistics...
Aug 05, 2020
