Author Archives: Syndicated Content
Norway approves new law that could help rescue Norwegian Air
By Victoria Klesty OSLO (Reuters) - Norway's parliament voted through a new company restructuring law on Friday that could help save Norwegian Air and many other companies from potential bankruptcy as...
Apr 24, 2020
IKEA says visitors returning fast to reopened shopping centres in China and Germany
STOCKHOLM (Reuters) - Furniture brand IKEA's main retail vehicle said on Friday shoppers were returning quickly to its shopping centres after it reopened three in China last week, and one in Germany t...
Apr 24, 2020
U.S. core capital goods orders unexpectedly rise in March
New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak, which has abruptly shut down the economy and ...
Apr 24, 2020
Indecisive EU to force ECB into more emergency action
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - After another disappointing EU summit, the European Central Bank finds itself in a familiar position as the leading saviour of the euro, on...
Apr 24, 2020
FIA safeguard clause could facilitate lower F1 budget cap
By Alan Baldwin LONDON (Reuters) - Formula One's governing body, the FIA, added a clause to its International Sporting Code on Friday that could facilitate a tighter budget cap next season and sideste...
Apr 24, 2020
UK government considering relaxing power backup scheme rules
LONDON (Reuters) - The British government has launched a consultation on relaxing certain obligations under its capacity market scheme which pays utilities to provide back-up electricity, in response ...
Apr 24, 2020
Brazil industrial confidence crashes to record low in April: FGV
BRASILIA (Reuters) - Brazilian industrial confidence crashed to its lowest level on record in April, a survey showed on Friday, as the lockdowns and sudden halt to swathes of activity lashed Latin Ame...
Apr 24, 2020
German engineering union says 77% of firms are in crisis mode or shut
BERLIN (Reuters) - German engineering union IG Metall said on Friday that 77% of firms it represents were in crisis or completely shut down - 10 percentage points more than in a survey it published be...
Apr 24, 2020
Italian doctor's cancer battle helps her bond with coronavirus patients
By Alex Fraser ARONA, Italy (Reuters) - Marta Gravellone, a young doctor making house calls on coronavirus patients, knew what it was like to be ill and isolated long before the pandemic hit her home ...
Apr 24, 2020
UBS ups estimates for COVID-19 insured losses to $30-60 billion
LONDON (Reuters) - Swiss bank UBS raised its estimates for COVID-19 insured losses to $30-60 billion from $20-40 billion on Friday, citing increasing uncertainty about non-U.S. business interruption c...
Apr 24, 2020
