Author Archives: Syndicated Content
Chinese EV maker BYD profit down 42% in 2019, under pressure from subsidy cut
BEIJING (Reuters) - Chinese electric vehicle maker BYD Co Ltd , , which is backed by U.S. investor Warren Buffett, on Tuesday reported a 41.9% drop in 2019 net profit as China's EV subsidies cut hit c...
Apr 21, 2020
Ireland sees GDP shrinking 10.5% in 2020; deficit of 7.4% of GDP
DUBLIN (Reuters) - Ireland expects gross domestic product to fall by 10.5% in 2020 but recovery swiftly to grow 6% the following year, the finance ministry said on Tuesday. The country expects to post...
Apr 21, 2020
Uganda detains prominent journalist for 'subversive' activities
By Elias Biryabarema KAMPALA (Reuters) - Police in Uganda said on Tuesday they had arrested a prominent journalist and news anchor at one of the country's biggest TV stations for alleged subversive ac...
Apr 21, 2020
European recovery fund makes more sense outside EU budget: France
PARIS (Reuters) - France suggested on Tuesday that a proposed European recovery fund would be more effective if it stands apart from the EU budget, even though that might be hard to stomach for some m...
Apr 21, 2020
Turkey targets return to normal toward end of May, Erdogan says
ISTANBUL (Reuters) - The coronavirus outbreak in Turkey is starting to reach a plateau and the country aims to return to normal life after the end of Ramadan in late May, President Tayyip Erdogan was ...
Apr 21, 2020
India eases fundraising rules for companies as coronavirus hurts deals
MUMBAI (Reuters) - India's market regulator on Tuesday temporarily eased some fund-raising regulations for listed entities to give them easier and faster access to capital markets amid the ongoing cor...
Apr 21, 2020
Sweden's Vattenfall cuts dividend payout to government amid pandemic uncertainty
STOCKHOLM (Reuters) - Swedish state-owned energy company Vattenfall said on Tuesday it was reducing its proposed dividend for 2019, citing the economic impact of the coronavirus on electricity markets...
Apr 21, 2020
Taiwan defence minister apologises after coronavirus outbreak on navy ship
By Yimou Lee TAIPEI (Reuters) - Taiwan's defence minister apologised and said he was willing to resign after a coronavirus outbreak on a navy ship which visited the Pacific last month just as the coun...
Apr 21, 2020
Pan-European response needed in Coronavirus crisis: ECB's Knot
FRANKFURT (Reuters) - A pan-European response is needed to help euro zone members hit hardest in a coronavirus crisis that is likely to last and end only gradually, European Central Bank policymaker K...
Apr 21, 2020
Factbox: German companies seek state aid to cope with coronavirus
(Reuters) - A number of German companies, including Adidas and Lufthansa , have taken out government-guaranteed loans as part of the Germany's federal government's aid package to deal with the coronav...
Apr 21, 2020
