Author Archives: Syndicated Content
JPMorgan profit sinks as loan loss provisions surge
(Reuters) - JPMorgan Chase & Co reported a more than 50% drop in second-quarter profit on Tuesday, as the coronavirus pandemic weighed on its lending business and forced the largest U.S. bank to build...
Jul 14, 2020
Cycling: Briton Varnish loses employment tribunal appeal
LONDON (Reuters) - Former British cyclist Jess Varnish's employment tribunal appeal against the sport's national governing body has been dismissed, it was announced on Tuesday. Former European team sp...
Jul 14, 2020
Police detain two Algerians in anti-terrorism operation in Barcelona
BARCELONA (Reuters) - Two Algerian men were detained in an anti-terrorism raid in Spain's second largest city Barcelona on Tuesday morning, police said. The two Algerians were part of a cell, under in...
Jul 14, 2020
Aspen offers to cut cancer drug prices, may avoid EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) - Aspen has offered to cut prices by an average of 73% for six off-patent cancer drugs, EU antitrust regulators said on Tuesday, a move that could help the South Afr...
Jul 14, 2020
Chinese ships intruded into Malaysian waters 89 times in four years, report says
KUALA LUMPUR (Reuters) - Chinese coastguard and navy ships intruded into Malaysian waters in the disputed South China Sea 89 times between 2016 to 2019, and often remained in the area even after being...
Jul 14, 2020
Investors seek more euro exposure, expect a choppy summer: BofA
LONDON (Reuters) - Global fund managers said the euro was cheap and were seeking more exposure to the common currency and the bloc's equities on the back of a massive fiscal stimulus plan, a survey by...
Jul 14, 2020
Slovenian economic activity improved in June: government institute
LJUBLJANA (Reuters) - Slovenia's economic activity improved in June after being badly hit by the coronavirus epidemic from March, the government's macroeconomic institute UMAR said on Tuesday. Also on...
Jul 14, 2020
Comcast bets on ads with launch of Peacock streaming service
By Helen Coster (Reuters) - Comcast-owned NBCUniversal will enter a crowded streaming market on Wednesday when it launches its Peacock streaming service nationally, offering 20,000 hours of content, i...
Jul 14, 2020
Virgin Atlantic to clinch $1.5 billion rescue deal: Sky News
LONDON (Reuters) - British airline Virgin Atlantic is close to securing a 1.2 billion pound ($1.5 billion) rescue deal, Sky News reported on Tuesday, removing the medium-term chance of administration ...
Jul 14, 2020
Prominent Democrats press Fed, Treasury to aid states, citing racial inequality
(Reuters) - With the Republican-controlled U.S. Congress far from agreement on how or even whether to give more aid to states and cities reeling from revenue losses during the coronavirus crisis, thre...
Jul 14, 2020
