Author Archives: Syndicated Content
Ravaged by coronavirus, Mexico’s GDP falls record 17.3% in second quarter
MEXICO CITY (Reuters) - Mexico's economy contracted by double digits in the second quarter as the coronavirus pandemic ravaged Latin America's second-largest economy and shut factories, kept shoppers ...
Syndicated Content Jul 30, 2020
Cairo’s cafes that never sleep forced to close early
By Nadeen Ebrahim and Ulf Laessing CAIRO (Reuters) - Looking at his half-deserted cafe in central Cairo, once bustling with customers day and night, Essam Ali thinks of cutting his losses and closing ...
Syndicated Content Jul 30, 2020
Free lunch! Bosses lure bankers back where they can see them
By Sinead Cruise LONDON (Reuters) - Investment banks in London are trying to tempt more staff into the office, laying on free food, Friday night drinks and other perks to lure bankers back where they ...
Syndicated Content Jul 30, 2020
Ancient ‘Acropolis of the sea’ opens to divers, guarded by high tech
By Lefteris Papadimas and Vassilis Triantafyllou ATHENS (Reuters) - Hidden and protected for millennia, an ancient shipwreck in Greece opens to the public for the first time on Aug. 3, fusing archaeol...
Syndicated Content Jul 30, 2020
Diamond giant De Beers likely to cut jobs after COVID-19 hit
LONDON (Reuters) - The chief executive of Anglo American's diamond unit De Beers said a business review would likely lead to some job losses, after COVID-19 crippled global sales of the luxury gems. "...
Syndicated Content Jul 30, 2020
Mastercard profit drops as pandemic hits consumer spending
(Reuters) - Mastercard Inc on Thursday reported a 30% slump in quarterly profit as fewer people used its cards during the COVID-19 pandemic, hitting spending volumes for the payment processor. Net inc...
Syndicated Content Jul 30, 2020
Predominately black congressional districts got fewer PPP loans: study
By Imani Moise (Reuters) - Congressional districts with the highest black populations received up to $13 billion dollars less in Paycheck Protection Program (PPP) funding than districts with the lowes...
Syndicated Content Jul 30, 2020
VIP waxworks socially-distance outside London’s Madame Tussauds
By Hanna Rantala LONDON (Reuters) - Madame Tussauds' most famous figures led by example and formed a socially distanced queue outside the soon-to-be reopened wax museum on Thursday, with Queen Elizabe...
Syndicated Content Jul 30, 2020
China’s monetary policy to be more flexible and targeted: politburo
BEIJING (Reuters) - China's monetary policy should be more flexible and targeted, and its fiscal policy more proactive, as its economy still faces relatively big uncertainties, the country's top decis...
Syndicated Content Jul 30, 2020
NYSE-owner ICE reports higher second-quarter earnings
NEW YORK (Reuters) - Intercontinental Exchange Inc , owner of the New York Stock Exchange, on Thursday reported a rise in second-quarter profits, helped by a jump in equities and options volumes as vo...
Syndicated Content Jul 30, 2020
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