Author Archives: Syndicated Content
Fed's Kaplan says U.S. economy has bottomed, ties rebound to testing
By Ann Saphir (Reuters) - The U.S. economy has likely bottomed, Dallas Federal Reserve Bank President Robert Kaplan said on Thursday, but a healthy rebound depends on a massive increase in testing so ...
May 28, 2020
German auto supplier ZF Friedrichshafen to cut up to 15,000 jobs: memo
FRANKFURT (Reuters) - German car parts supplier ZF Friedrichshafen plans to reduce the workforce by up to 15,000 jobs, or around 10%, by 2025 as a result of a slump in demand, according to a memo on T...
May 28, 2020
English court to weigh recognition of Maduro, Guaido in Venezuela gold case
By Mayela Armas and Karin Strohecker CARACAS/LONDON (Reuters) - An English court on Thursday said it would need to decide which of Venezuela's dueling political factions to recognize before ruling on ...
May 28, 2020
Italy May business and consumer morale slammed by coronavirus
ROME, May 28 (Reuters) - Morale amongst Italian businesses and consumers plunged to multi-year lows in May, data showed on Thursday, as sentiment was shattered by the coronavirus epidemic and governme...
May 28, 2020
French coronavirus cases jump by 3,325 due to systems update
PARIS (Reuters) - The number of confirmed coronavirus infections in France jumped by 3,325 to 149,071, though the increase was not due to a rise in daily infections but was a result of the inclusion o...
May 28, 2020
Kuwait replaces full-time curfew with 12-hour one
CAIRO (Reuters) - Kuwait will ease its full-time curfew, to be a 12-hour one during night, the interior minister said in a press conference after the cabinet meeting on Thursday. The minister added th...
May 28, 2020
Mexican farmworkers crammed into border tunnel despite contagion risk
By Laura Gottesdiener MEXICALI, Mexico (Reuters) - Every night, hundreds of farm workers in Mexico crowd for hours in a cramped tunnel to a border station to reach day jobs in Imperial Valley, Califor...
May 28, 2020
Argentina does not plan to lift travel ban before Sept. 1, says industry group
(Reuters) - Argentina plans to maintain its flight ban until Sept. 1 to fight the spread of the novel coronavirus, worldwide airline industry group IATA, which has been lobbying to lift restrictions f...
May 28, 2020
Renault poised to announce 15,000 layoffs worldwide: union
PARIS (Reuters) - French car maker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a turnaround plan to cope with slumping demand and excess costs, a representative for ...
May 28, 2020
U.S. indicts North Koreans, accuses state-owned bank of evading sanctions
WASHINGTON (Reuters) - The U.S. Justice Department accused North Korea's state owned bank of evading U.S. sanctions laws and charged 28 North Korean and 5 Chinese citizens with committing money launde...
May 28, 2020
