Author Archives: Syndicated Content
Elevator maker Kone's first-quarter profit beats forecasts
HELSINKI (Reuters) - Finland's Kone reported a 10% fall in first-quarter profit hurt by the coronavirus outbreak but beat forecasts and stuck with its recently adjusted 2020 outlook. The elevator make...
Apr 22, 2020
U.S. dollar jumps vs Saudi riyal in forwards market as oil slumps
LONDON/DUBAI (Reuters) - The U.S. dollar rose against the Saudi riyal in the forwards market on Wednesday after oil prices slumped, with Brent crude futures dropping to their lowest in more than two d...
Apr 22, 2020
Silver linings: China air improves after coronavirus lockdowns, but smog seen returning
SHANGHAI (Reuters) - Air and water quality in China and elsewhere have improved dramatically after coronavirus lockdowns cut traffic and forced polluting factories to close. But on the 50th annual Ear...
Apr 22, 2020
Equinor head of exploration Dodson to step down
OSLO (Reuters) - Equinor's head of exploration, Tim Dodson, will step down at the end of May in a planned leadership change, the Norwegian oil and gas company said on Wednesday. Dodson, a British citi...
Apr 22, 2020
On Earth Day, calls grow to treat shock of coronavirus with 'green recovery'
By Natalie Thomas LONDON (Reuters) - As the world marked the 50th anniversary of Earth Day on Wednesday, calls were growing for governments to treat the shock of the coronavirus with "green recovery" ...
Apr 22, 2020
Thailand to borrow $18.6 billion in current fiscal year for steps to ease coronavirus impact
BANGKOK (Reuters) - Thailand plans to borrow 600 billion baht ($18.56 billion) in the current fiscal year to September and 400 billion baht in the next fiscal year to finance measures to mitigate the ...
Apr 22, 2020
China allows Samsung Elec staff to enter country for chip factory expansion
SEOUL/BEIJING (Reuters) - China has allowed 200 employees from South Korea's Samsung Electronics Co Ltd to enter the country to work on an expansion of the firm's NAND memory chip factory, the company...
Apr 22, 2020
'Fingers crossed it'll work': Britain's Zoom parliament begins
LONDON (Reuters) - British lawmakers will upend 700 years of history on Wednesday when they question ministers by video link - an unprecedented and largely untested 'hybrid parliament' arrangement for...
Apr 22, 2020
UK credit agencies reassure companies over pandemic loan freezes
LONDON (Reuters) - Loan payment freezes negotiated by companies with their banks during the pandemic should not damage their credit rating, credit reference agencies in Britain said on Wednesday. Expe...
Apr 22, 2020
Malaysia reports 50 new coronavirus cases, one death
KUALA LUMPUR (Reuters) - Malaysia reported 50 new coronavirus cases on Wednesday, bringing the cumulative total to 5,532. The health ministry also reported one new death, bringing the total number of ...
Apr 22, 2020
