Author Archives: Syndicated Content
Auto industry key part of Italy GDP, fair to support FCA if creates jobs: minister
MILAN (Reuters) - The auto industry represents a significant share of Italy's economy and it's right to support those who create jobs in the country, Deputy Economy Minister Laura Castelli said when a...
May 19, 2020
Czech coronavirus cases show biggest jump in four weeks
PRAGUE (Reuters) - The number of new coronavirus cases in the Czech Republic showed its biggest daily rise in four weeks and climbed above 100 for the first time this month, the Health Ministry said o...
May 19, 2020
Energean Oil & Gas scraps sale of E&P's UK, Norway assets
(Reuters) - Energean Oil & Gas said on Tuesday it terminated a $280 million deal to sell the UK and Norwegian assets it acquired from Italian energy company Edison SpA last year. Mediterranean-focusse...
May 19, 2020
Tens of thousands evacuated as India, Bangladesh brace for super cyclone
KOLKATA/DHAKA (Reuters) - Authorities in eastern India and Bangladesh were relocating tens of thousands of villagers away from the coastline on Tuesday ahead of a super cyclone that is expected to inf...
May 19, 2020
Charlesbank invests $70 million in Elbit Systems subsidiary Cyberbit
TEL AVIV (Reuters) - Israeli defence firm Elbit Systems said on Tuesday the Charlesbank Technology Opportunities Fund invested $70 million in Elbit's commercial cybersecurity subsidiary Cyberbit. Elbi...
May 19, 2020
Compass launches 2-billion-pound equity raise as lockdowns hit caterers
(Reuters) - The world's largest caterer Compass Group launched a 2 billion pound ($2.44 billion) share offer on Tuesday, seeking to shore up its liquidity as the coronavirus crisis closes food service...
May 19, 2020
French Connection says could run out of cash within months
(Reuters) - British retailer French Connection warned on Tuesday it could run short on cash to operate its business in the coming months without additional access to capital, saying it was in talks wi...
May 19, 2020
Japan's Sharp reports 37% profit drop, gives no forecasts
TOKYO (Reuters) - Japan's Sharp Corp, an Apple Inc supplier, reported a 37% decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertai...
May 19, 2020
British energy supplier SSE's retail division faces 2,600 job cuts
(Reuters) - The owner of British energy supplier SSE Plc's retail division is planning to cut 2,600 jobs in the business, it said on Tuesday, citing a heavy impact from the coronavirus crisis. Ovo Ene...
May 19, 2020
UK jobless claims jump to highest since 1996 as COVID crisis hits
LONDON (Reuters) - A measure of the number of people claiming unemployment benefits in Britain soared to its highest level since 1996 in April, the first full month of the government's coronavirus loc...
May 19, 2020
