Author Archives: Syndicated Content
Goldman Sachs sees 1% drop in global GDP due to 'coronacrisis'
LONDON (Reuters) - Goldman Sachs said it expected global real gross domestic product to contract by about 1% in 2020, a sharper economic decline than in the year following the 2008 global financial cr...
Mar 23, 2020
U.N. to create global coronavirus fund, Norway foreign ministry says
OSLO (Reuters) - The United Nations will create a fund to support the treatment of coronavirus patients worldwide, Norway's foreign ministry said on Monday. "A multi-donor fund under UN auspices will ...
Mar 23, 2020
Electrolux pulls proposed dividend due to coronavirus hit
STOCKHOLM (Reuters) - Swedish home appliance maker Electrolux said on Monday it had decided to withdraw its proposed dividend for 2019 and was taking action to protect earnings and cash flow due to th...
Mar 23, 2020
Shell lowers 2020 capex, suspends share buyback
(Reuters) - British oil major Shell joined other companies in the sector in lowering capital expenditure for the current year by about $5 billion and suspended the next tranche of its share buyback pl...
Mar 23, 2020
Newmont withdraws 2020 forecast following coronavirus outbreak
(Reuters) - Miner Newmont Corp said on Monday it was withdrawing its 2020 outlook as some production could be deferred to 2021 due to the ongoing coronavirus outbreak. For the first quarter of 2020, t...
Mar 23, 2020
Missile tests and meetings: North Korea signals confidence in face of coronavirus
By Josh Smith SEOUL (Reuters) - With international focus on the coronavirus, North Korea has doubled down on its missile development and military exercises in recent weeks while signaling new confiden...
Mar 23, 2020
European stock index futures slump as coronavirus worries deepen
(Reuters) - European stock index futures fell to near eight-year lows on Monday after several countries expanded measures to curtail the spread of the virus outbreak, with Italy banning even domestic ...
Mar 23, 2020
Dashboard of Japan stocks with a stake in successful Tokyo Olympics
(Reuters) - Japanese stocks banking on the success of the Olympics this year surged on Monday, after sharp falls in prior weeks, bolstered by the International Olympic Committee's (IOC's) comments tha...
Mar 23, 2020
U.S. Secretary of State Pompeo arrives in Afghanistan
KABUL (Reuters) - U.S. Secretary of State Mike Pompeo landed in Afghanistan on Monday on a previously unannounced visit to help salvage a historic deal between Washington and the Taliban, struck at th...
Mar 23, 2020
ECB ready to do more for coronavirus emergency if needed, Visco tells paper
ROME (Reuters) - The measures adopted by the European Central Bank in response to the coronavirus emergency are sufficient and effective but the bank is ready to do more if necessary, a member of its ...
Mar 23, 2020
