Author Archives: Syndicated Content
Shortage of Chinese parts caused $50 billion fall in February's global exports: U.N.
By Stephanie Nebehay GENEVA (Reuters) - China's exports of vital parts and components for products ranging from automobiles to cellphones are estimated to have shrunk by an annualized 2% in February, ...
Thomson Reuters Mar 04, 2020
'Not going back': Abortion rights forces voice worry outside U.S. Supreme Court
By Jan Wolfe WASHINGTON (Reuters) - Supporters of abortion rights voiced trepidation outside the U.S. Supreme Court on Wednesday as the justices weighed the fate of one of the numerous restrictive law...
Thomson Reuters Mar 04, 2020
Xinhua protests U.S. move to cut number of its U.S.-based journalists: report
(Reuters) - China's Xinhua on Wednesday issued a statement protesting against the United States' demand to cut the number of its U.S.-based journalists in a limited time, the country's official news a...
Thomson Reuters Mar 04, 2020
OPEC+ panel gets no Russian agreement for deeper oil cuts: sources
VIENNA (Reuters) - A panel of several ministers from OPEC, Russia and other producers failed on Wednesday to clinch an agreement about whether to make additional oil output cuts to prop up tumbling cr...
Thomson Reuters Mar 04, 2020
Asset manager PineBridge buys China A-shares, cuts back on U.S. services stocks
LONDON (Reuters) - PineBridge Investments is buying Chinese shares and ditching stocks exposed to the U.S. services sector following a sharp global equity sell-off over the spread of the coronavirus, ...
Thomson Reuters Mar 04, 2020
Stalled supply chains, surging demand: coronavirus slams Brazil mask factory
By Amanda Perobelli SAO PAULO (Reuters) - The last time Miguel Luiz Gricheno had such sky-high demand for his Brazilian company's masks was in 2001, during the global scare over anthrax attacks, he re...
Thomson Reuters Mar 04, 2020
S&P Global halves eurozone growth forecast, flags gloom for Italy
LONDON (Reuters) - Coronavirus worries saw credit rating agency S&P Global halve its eurozone growth forecast for the year to 0.5% from 1% on Wednesday and predict a 0.3% contraction for hard hit Ital...
Thomson Reuters Mar 04, 2020
U.S. equity funds suffer largest outflows since September on virus fears
By David Randall NEW YORK (Reuters) - Investors pulled slightly more than $13.6 billion out of mutual funds and exchange-traded funds that hold U.S. equities last week, marking the sharpest pullback f...
Thomson Reuters Mar 04, 2020
Fed's Bullard says policy now in the right place to address coronavirus risks
(Reuters) - Risks are rising that the coronavirus could be more severe than previously thought, but interest rates are now appropriate after the Federal Reserve's emergency rate cut, St. Louis Federal...
Thomson Reuters Mar 04, 2020
OPEC pushing Russia to support big oil cut amid coronavirus
By Rania El Gamal, Alex Lawler and Olesya Astakhova VIENNA (Reuters) - Saudi Arabia and other OPEC members were seeking to win support from Russia on Wednesday to join them in additional oil output cu...
Thomson Reuters Mar 04, 2020
