Author Archives: Syndicated Content
Teams could shut down due to COVID-19 crisis says Ineos boss Brailsford
(Reuters) - Cycling teams' sponsorship-based model could lead to their financial ruin as businesses struggle to deal with the economic impact of the COVID-19 pandemic, Team Ineos' general manager Dave...
Apr 17, 2020
S&P revises Indonesia's credit rating outlook to 'negative' amid virus outbreak
By Gayatri Suroyo and Tabita Diela JAKARTA (Reuters) - S&P Global Ratings on Friday revised Indonesia's credit rating outlook to "negative" from "stable", indicating the rising financial risks the cou...
Apr 17, 2020
Malaysia may extend virus curbs, but with more sectors open: minister
By Krishna N. Das KUALA LUMPUR (Reuters) - Malaysia may extend its travel curbs beyond April 28 but with more sectors open for business, its second-most senior minister told Reuters on Friday as the g...
Apr 17, 2020
Factbox: RBI cuts reverse repo rate, takes more steps to tackle COVID-19 impact
MUMBAI (Reuters) - The Reserve Bank of India on Friday unexpectedly cut its key deposit rate for the second time in three weeks to deter banks from parking idle funds with it and to spur lending to he...
Apr 17, 2020
Bank of England to buy 13.5 billion pounds of gilts next week
LONDON (Reuters) - Britain's central bank will maintain its record pace of government bond purchases next week, buying another 13.5 billion pounds ($16.81 billion) of debt as part of its 200 billion-p...
Apr 17, 2020
P&G sales rise about 5% amid pandemic stockpiling
(Reuters) - Procter & Gamble Co on Friday reported an about 5% rise in quarterly sales as consumers stocked up on everything from diapers and detergents to toilet rolls amid sweeping lockdowns around ...
Apr 17, 2020
At least 300,000 Africans expected to die in pandemic: U.N. agency
By Joe Bavier JOHANNESBURG (Reuters) - The COVID-19 pandemic will likely kill at least 300,000 Africans and risks pushing 29 million into extreme poverty, the U.N. Economic Commission for Africa (UNEC...
Apr 17, 2020
Airbus chief calls for government support for shift to lower-emission planes: Der Spiegel
PARIS (Reuters) - Airbus CEO Guillaume Faury is proposing a government support programme to help airlines convert their fleets to more environmentally friendly planes, according to an interview given ...
Apr 17, 2020
AT&T investors denied a dial-in as annual meeting goes online
By Ross Kerber BOSTON (Reuters) - Activist investors say telecommunications pioneer AT&T Inc won't take their calls for its upcoming annual meeting, reinforcing their concerns that the shift of the ga...
Apr 17, 2020
Wall Street Week Ahead: In companies' earnings, words may matter more than numbers
By Lewis Krauskopf NEW YORK (Reuters) - Investors gearing up for another week of corporate earnings may give more weight to the words of company executives than headline-grabbing numbers, as Wall Stre...
Apr 17, 2020
