Author Archives: Syndicated Content
Slow recovery in markets seen as COVID-19 risks persist, cash still king: BofA survey
LONDON (Reuters) - Investors are bearish on stocks, especially riskier assets, and expect a slower economic recovery as the risk of a second wave of infections from the novel coronavirus persists, a B...
May 19, 2020
China says U.S. trying to shift blame and smear Beijing over WHO
BEIJING (Reuters) - China said the United States was trying to shift the blame for Washington's own mishandling of the COVID-19 crisis, responding to President Donald Trump's letter threatening to hal...
May 19, 2020
German court limits power of spy agency's bugging overseas
KARLSRUHE, Germany (Reuters) - Germany's Constitutional Court ruled on Tuesday that monitoring the internet traffic of foreign nationals abroad by the BND intelligence agency partly breaches the const...
May 19, 2020
UK ventilator consortium says scaling up in case of COVID-19 second spike
LONDON (Reuters) - A consortium of British aerospace, automotive and medical companies said they were ramping up ventilator production to make sure there were enough available should there be a second...
May 19, 2020
WeWork India lays off 20% of workforce as virus lockdowns weigh
BENGALURU (Reuters) - WeWork's India franchise said on Tuesday it laid off 100 employees, or 20% of its workforce, as the office-sharing startup joins a slew of firms that are cutting costs and revamp...
May 19, 2020
German economy to shrink by at least 10%: DIHK
BERLIN (Reuters) - Germany's DIHK chambers of industry and commerce expect Europe's largest economy to shrink at least 10% this year due to the coronavirus crisis, its president said on Tuesday, a muc...
May 19, 2020
U.S. overtakes China as most attractive country for renewables investment: research
By Nina Chestney LONDON (Reuters) - The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce...
May 19, 2020
China expected to keep lending benchmark unchanged: analysts
SHANGHAI (Reuters) - China is expected to stand pat on its benchmark lending rate on Wednesday, after the central bank kept medium-term funding cost for financial institutions steady last week, a Reut...
May 19, 2020
Thai government OKs plan for bankruptcy court-led restructuring of Thai Airways
BANGKOK (Reuters) - Thailand's cabinet approved a plan to restructure troubled Thai Airways International Pcl's finances through a bankruptcy court, the Southeast Asian country's prime minister said o...
May 19, 2020
Czech car production falls 31.1% in January-April period to 337,497 cars
PRAGUE (Reuters) - Czech car production fell 31.1% year-on-year in the January-April period to 337,497 cars, the Automotive Industry Association said on Tuesday. In April alone, when the country groun...
May 19, 2020
