Author Archives: Syndicated Content
From zero to hero: physical oil rally might be short-lived
By Julia Payne and Olga Yagova LONDON/MOSCOW (Reuters) - From Kazakhstan to the North Sea and the United States, physical crude has jumped in value in recent days but the rally will likely be tactical...
May 07, 2020
LG Chem says India factory gas leak under control, investigating cause
SEOUL (Reuters) - South Korea's LG Chem said a gas leak at its plant in southern India had been brought under control, after an incident on Thursday that police estimate killed at least nine people an...
May 07, 2020
Spain's Telefonica to merge British unit O2 with Virgin Media
(Reuters) - Liberty Global has agreed to merge its Virgin Media cable company with the O2 mobile business owned by Spain's Telefonica to create a major new force in the British telecoms market. The co...
May 07, 2020
Fair company MCH scraps Baselworld watch exhibition in 2021
ZURICH (Reuters) - MCH Group has canceled its Baselworld watch exhibition in 2021, the trade exhibition company said on Thursday, a further blow for the event that was once one of the watch industry's...
May 07, 2020
Factbox: Latest on the worldwide spread of the new coronavirus
(Reuters) - More than 3.76 million people have been reported to be infected by the novel coronavirus globally and 262,458 have died, according to a Reuters tally as of 0503 GMT on Thursday. DEATHS AND...
May 07, 2020
German industry expects unprecedented collapse in production: Ifo
BERLIN (Reuters) - Germany's mighty industrial sector, hit by the coronavirus pandemic, is expecting an unprecedented collapse in production, the Ifo institute said on Thursday, as it announced its in...
May 07, 2020
AB InBev sees 'materially worse' second quarter after first-quarter profit drop
BRUSSELS (Reuters) - Anheuser-Busch InBev , the world's largest beer maker, reported a decline in profit in the first quarter as coronavirus restrictions curbed drinking and said the second quarter wo...
May 07, 2020
Air France job cuts set to test CEO Smith's consensual style
By Laurence Frost and Tim Hepher PARIS (Reuters) - Air France-KLM is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of moun...
May 07, 2020
Air France-KLM loss gives first taste of coronavirus impact
PARIS (Reuters) - Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday - predict...
May 07, 2020
Explainer: South Korean findings suggest 'reinfected' coronavirus cases are false positives
By Sangmi Cha and Josh Smith SEOUL (Reuters) - South Korean health authorities raised new concerns about the novel coronavirus after reporting last month that dozens of patients who had recovered from...
May 07, 2020
