Author Archives: Syndicated Content
Exclusive: Etihad bondholders put airline on notice with debt revamp - sources
By Davide Barbuscia DUBAI (Reuters) - Owners of $1.2 billion in debt issued by Etihad and other airlines it partly owned have given the struggling Abu Dhabi carrier an ultimatum to agree to a restruct...
Thomson Reuters May 21, 2020
Bank of Israel to hold key interest rate after April cut: Reuters poll
By Steven Scheer JERUSALEM (Reuters) - The Bank of Israel is expected to leave short-term interest rates unchanged next week after a reduction last month aimed at helping the economy recover from the ...
Thomson Reuters May 21, 2020
Best Buy quarterly same-store sales fall over 5%
(Reuters) - Best Buy Co Inc reported a 5.3% fall in quarterly same-store sales on Thursday, as the electronics retailer had to close stores due to the COVID-19 pandemic. Best Buy's revenue fell to $8....
Thomson Reuters May 21, 2020
U.S. leveraged loan defaults at six-year high as coronavirus hits businesses
By Patturaja Murugaboopathy (Reuters) - The monthly tally of defaults in the U.S. leveraged loan market has hit a six-year high, data from Fitch Ratings showed, as companies are either missing payment...
Thomson Reuters May 21, 2020
Indiana mattress business adapts to lure customers back
By Timothy Aeppel (Reuters) - Lauren Taylor is figuring out what's required to run a mattress store in the age of a deadly pandemic. As of May 4, when Indiana Governor Eric Holcomb allowed more parts ...
Thomson Reuters May 21, 2020
Trump to visit Ford plant in battleground state Michigan amid tensions with governor
By Jeff Mason WASHINGTON (Reuters) - U.S. President Donald Trump travels to the political swing state of Michigan on Thursday to visit a Ford plant amid tension with the state's Democratic governor an...
Thomson Reuters May 21, 2020
Holy cow! Despite closed borders, Argentina to fly in rabbis to certify kosher meat
By Maximilian Heath and Juan Bustamante BUENOS AIRES (Reuters) - Argentina, which has enforced one of the world's toughest travel bans against the coronavirus, plans to help charter a private flight t...
Thomson Reuters May 21, 2020
Visually impaired Nigerians struggle to navigate coronavirus challenges
By Angela Ukomadu and Abraham Achirga LAGOS (Reuters) - Lawal Adebimpe knows she must remain a safe distance from people to help prevent the spread of the novel coronavirus in Nigeria. But her blindne...
Thomson Reuters May 21, 2020
Could coronavirus help Amazon workers unionize?
By Nandita Bose and Krystal Hu WASHINGTON (Reuters) - Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illi...
Thomson Reuters May 21, 2020
NY City escapees to Hamptons can get coronavirus house-calls
By Anna Irrera NEW YORK (Reuters) - An elite medical-services provider will start offering in-home coronavirus testing and treatment in the Hamptons, where many of New York City's wealthy residents ha...
Thomson Reuters May 21, 2020
