Author Archives: Syndicated Content
India cenbank may need to choose between FX, bond interventions in second half: economists
By Swati Bhat MUMBAI (Reuters) - The Reserve Bank of India's interventions in the foreign exchange market have helped reserves climb to a record $501.7 billion in early June, but economists say the pa...
Jun 15, 2020
Embraer swaps commercial aviation chief after failed Boeing deal
SAO PAULO (Reuters) - Brazilian planemaker Embraer SA said on Monday it was replacing the head of its commercial aviation unit after a planned deal to have Boeing Co take over that division fell apart...
Jun 15, 2020
Indian exports fall by over 36% in May
NEW DELHI (Reuters) - India's merchandise exports shrank by more than a third in May from a year ago, dragged down by a fall in global demand and shipments due to the outbreak of coronavirus, trade mi...
Jun 15, 2020
Russia to get $10 billion more from oil firms for budget spending in 2020: Sazanov
By Darya Korsunskaya and Olesya Astakhova MOSCOW (Reuters) - Russia will collect up to $10 billion more in revenue from oil companies this year because of the way they are taxed, a deputy finance mini...
Jun 15, 2020
GE aviation head David Joyce to retire
(Reuters) - General Electric Co said on Monday David Joyce, the chief executive of the company's aviation unit, would retire after 40 years with the industrial conglomerate. John Slattery, the head of...
Jun 15, 2020
United Airlines secures $5 billion loan backed by loyalty program
CHICAGO (Reuters) - United Airlines said on Monday it is securing a $5 billion loan backed by its MileagePlus loyalty program, bringing potential total liquidity to $17 billion, an amount that senior ...
Jun 15, 2020
Laurentian Bank CEO François Desjardins to step down
(Reuters) - Laurentian Bank of Canada said on Monday Chief Executive Officer Franois Desjardins will retire after 29 years with the company, effective June 30. The bank said Stphane Therrien, who curr...
Jun 15, 2020
Review into two-metre rule to be completed in coming weeks, says UK PM's spokesman
LONDON (Reuters) - Britain's government hopes to complete a review into whether the country should stick to a social distancing measure of keeping people 2 metres apart in the coming weeks, a spokesma...
Jun 15, 2020
Sudan announces discovery of mass grave of students killed under Bashir
CAIRO (Reuters) - Sudan's public prosecutor said Monday a mass grave has been discovered east of the capital Khartoum, allegedly containing students killed in 1998 who tried escaping military service....
Jun 15, 2020
Revenue at airline Avianca falls 51% through early June on coronavirus
By Marcelo Rochabrun SAO PAULO (Reuters) - Passenger revenue at Latin America's No. 2 airline, Avianca Holdings , has fallen 51% for the year as of early June compared with a year ago, the carrier sai...
Jun 15, 2020
