Author Archives: Syndicated Content
India government sharply increases borrowing, markets watch central bank
By Swati Bhat MUMBAI (Reuters) - The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from the previously budgeted 7.8 trillion rupees to cushio...
May 08, 2020
Former Garuda Indonesia CEO jailed for eight years for bribery
JAKARTA (Reuters) - An Indonesian court on Friday jailed Emirsyah Satar, a former chief executive of Garuda Indonesia , for bribery and money laundering related to procurement of planes and engines fr...
May 08, 2020
EU aiming to agree first part of coronavirus economic rescue, but work unfinished
By Francesco Guarascio BRUSSELS (Reuters) - Euro zone governments are working to give their final approval, later on Friday, of the first part of a 500 billion-euro rescue plan for states hit hard by ...
May 08, 2020
Opera star sings Britain's VE Day hits from an empty Albert Hall
LONDON (Reuters) - Welsh mezzo-soprano Katherine Jenkins will stream a concert from an empty Royal Albert Hall on Friday evening, as locked-down Britain marks the 75th anniversary of "Victory in Europ...
May 08, 2020
Russian investors take fight to Moscow Exchange as WTI futures row drags on
By Alexander Marrow MOSCOW (Reuters) - A group of more than 100 people has asked the Russian central bank in its role as regulator and the Moscow Exchange's major shareholder to investigate whether th...
May 08, 2020
Sweden to tighten foreign takeover rules amid security worries
By Simon Johnson STOCKHOLM (Reuters) - Sweden plans to tighten its rules to enable the government to block takeovers of important firms by foreign companies amid increasing concerns over the threat to...
May 08, 2020
Polish coal producer to cut pay and hours by 20% in May
WARSAW (Reuters) - Trade unions at Poland's biggest coal producer, state-run PGG, have agreed to the company reducing hours and pay by 20% in May, which would make PGG eligible for government help. Po...
May 08, 2020
Portugal's exports and imports slump in March as pandemic bites
LISBON (Reuters) - Portugal's exports fell by 13% in March after a near 1% rise the previous month as the coronavirus crisis shut down large parts of the economy, data from the National Statistics Ins...
May 08, 2020
ECB's latest asset purchase programme meets principles of proportionality: Spiegel
BERLIN (Reuters) - The German Finance Ministry has concluded that the ECB's latest asset purchase programme to tackle the coronavirus pandemic meets the principles of proportionality defined by German...
May 08, 2020
U.S. joblessness slams Latinos, less educated with brutal force
By Howard Schneider WASHINGTON (Reuters) - The U.S. economy's record run of job growth and historically low unemployment has been stopped in its tracks by the fight against the coronavirus pandemic: j...
May 08, 2020
