Author Archives: Syndicated Content
China's Alibaba launches 'outlet' platform to shift luxury overstock
MILAN (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd has launched a new luxury platform targeting younger consumers that also aims to help high-end brands shed excess inventory built u...
May 06, 2020
StanChart chairman predicts economic recovery led by Asia in late 2020
By Sinead Cruise and Iain Withers LONDON (Reuters) - Standard Chartered Chairman Jose Vinals said on Wednesday his Asia-focused bank was well placed to benefit from a late 2020 economic rally, despite...
May 06, 2020
Russia's culture minister tests positive for coronavirus: TASS
MOSCOW (Reuters) - Russia's culture minister has tested positive for the coronavirus, becoming the third confirmed member of the cabinet to catch the disease, the TASS news agency reported on Wednesda...
May 06, 2020
U.S. Treasury launches 20-year bond; increases offering sizes amid record borrowing
WASHINGTON (Reuters) - The U.S. Treasury Department said on Wednesday it will launch a long-planned 20-year bond and increase securities auction sizes across a range of maturities to raise cash to mee...
May 06, 2020
U.S. private payrolls plunge by a record 20.2 million in April
WASHINGTON (Reuters) - U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the economy, settin...
May 06, 2020
Exclusive: Greece delays asset sales as coronavirus impact hits prices
By Angeliki Koutantou ATHENS (Reuters) - Greece will raise only a fraction of what it initially expected from privatisations this year, as the coronavirus downturn has forced it to put planned asset s...
May 06, 2020
Members of Islamic State-Haqqani network arrested over Kabul attacks
By Abdul Qadir Sediqi KABUL (Reuters) - Afghan security forces arrested eight members of a network grouping Islamic State and Haqqani militants responsible for bloody attacks in the capital including ...
May 06, 2020
Germany extends social distancing measures until June 5: sources
BERLIN (Reuters) - The German government and the 16 federal states agreed at a meeting on Wednesday to extend until June 5 social distancing measures designed to help fight the spread of the novel cor...
May 06, 2020
Dutch coronavirus cases rise to 41,319, with 36 new deaths: Officials
AMSTERDAM (Reuters) - The number of confirmed coronavirus cases in the Netherlands rose by 232 to 41,319 on Wednesday, with 36 new deaths, health authorities said. The country's death toll stands at 5...
May 06, 2020
U.S. FDA extends review of Bristol Myers' cancer therapy acquired in Celgene deal
(Reuters) - Bristol Myers Squibb said on Wednesday the U.S. drug regulator had extended the review of its experimental blood cancer therapy by three months after the drugmaker submitted additional inf...
May 06, 2020
