Author Archives: Syndicated Content
South Korea posts biggest economic decline since 2008
By Cynthia Kim SEOUL (Reuters) - The coronavirus pandemic pushed South Korea's economy into its biggest contraction since 2008 in the first quarter, as self-isolation hit consumption and kept business...
Apr 22, 2020
China reports 10 new coronavirus cases in mainland vs 30 a day earlier
BEIJING (Reuters) - Mainland China reported 10 new coronavirus cases as of the end of April 22, down from 30 a day earlier as the number of so-called imported cases involving travelers from overseas d...
Apr 22, 2020
Japan's coronavirus shutdowns pummel service, factory sectors: PMIs
TOKYO (Reuters) - Japan's services sector shrank at a record pace in April, while factories also fell quiet across the country due to the widening fallout from the coronavirus pandemic as an economic ...
Apr 22, 2020
China on slow road to recovery, but recession risk is high: Reuters poll
By Vivek Mishra BENGALURU (Reuters) - The Chinese economy will slowly recover from its first quarterly contraction since current records began, economists predicted in a Reuters poll, but they warned ...
Apr 22, 2020
Venture firm Benchmark raises new fund without early Uber investor: source
By Jane Lanhee Lee (Reuters) - The Silicon Valley venture capital firm known for its early backing of companies such as Uber Technologies Inc is raising a new fund, but without one of its most promine...
Apr 22, 2020
Panama reports 171 new coronavirus cases: health ministry
PANAMA CITY (Reuters) - Panama posted 171 new cases of the coronavirus on Wednesday, bringing the country's total to nearly 5,000 infected persons, the health ministry said. Officials also confirmed t...
Apr 22, 2020
Exclusive: Two SpiceJet lessors in talks to reclaim planes over missed payments - sources
By Aditi Shah and Anshuman Daga NEW DELHI/SINGAPORE (Reuters) - Two lessors to Indian carrier SpiceJet Ltd are in talks to terminate contracts and repossess planes via mutually agreed deals with the a...
Apr 22, 2020
Mexico coronavirus cases top 10,000 as sickly economy contracts
MEXICO CITY (Reuters) - Mexico reported on Wednesday it now has over 10,000 cases of coronavirus, the fifth-highest tally in Latin America, as containment measures and rock-bottom crude prices wreak e...
Apr 22, 2020
Delta to raise $3 billion in debt to combat virus fallout
(Reuters) - Delta Air Lines Inc on Wednesday said it intended to raise $3 billion in debt by offering senior secured notes and entering into a new credit facility, in a bid to combat the slowdown in a...
Apr 22, 2020
Asia stocks set to rise after Wall Street gains on oil rebound
By Katanga Johnson WASHINGTON (Reuters) - Asian equity markets were poised to edge higher on Thursday after rebounding crude prices and the promise of more U.S. government aid to ease the economic pai...
Apr 22, 2020
