Author Archives: Syndicated Content
Luxury carmaker Bentley to cut about 1,000 jobs in UK: BBC
(Reuters) - Luxury carmaker Bentley is cutting about 1,000 jobs in the United Kingdom amid the ongoing coronavirus outbreak, the BBC reported on Thursday. The cuts at the Volkswagen-owned brand are ex...
Jun 04, 2020
Anti-racism protest targets British PM Johnson’s aide Cummings
LONDON (Reuters) - A small group of protesters chanting "Black Lives Matter" gathered on Thursday outside the London home of Dominic Cummings, a close aide to British Prime Minister Boris Johnson at t...
Jun 04, 2020
Syrian pound hits record low against dollar in panic trading, dealers say
By Suleiman Al-Khalidi AMMAN (Reuters) - The Syrian pound hit a record low on Thursday over fears of the impact of tougher U.S. sanctions this month and the repercussions of a seizure of assets of a l...
Jun 04, 2020
Algeria to ease coronavirus restrictions on Sunday
ALGIERS (Reuters) - Algeria will resume some economic activities and allow a number of businesses to reopen from Sunday as part of a plan to end the coronavirus lockdown, the prime minister's office s...
Jun 04, 2020
Broadcom’s revenue forecast disappoints on weakness in chip business
(Reuters) - Broadcom Inc on Thursday forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by the impact of the corona...
Jun 04, 2020
Gap’s quarterly sales plunge 43% on coronavirus hit
(Reuters) - Gap Inc on Thursday reported a 43% fall in first-quarter sales, as the apparel retailer was forced to close its stores due to the COVID-19 pandemic. Net loss came in at $932 million, or $2...
Jun 04, 2020
Slack quarterly sales beat expectations as new users grow
(Reuters) - Slack Technologies Inc beat first-quarter revenue estimates on Thursday on strong demand for its workplace messaging app, as companies rapidly adapt to remote work amid social distancing p...
Jun 04, 2020
MLS to allow full-team training, with COVID-19 testing in place
NEW YORK (Reuters) - Major League Soccer (MLS) said on Thursday that clubs could return to full-team training, provided they get approval from medical staff and a local infectious disease expert and f...
Jun 04, 2020
U.S. insurers ask Treasury, Fed to back pandemic payouts for trade credit coverage
By Suzanne Barlyn (Reuters) - U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chain...
Jun 04, 2020
American Airlines announces 14 officer departures, memos show
CHICAGO (Reuters) - American Airlines Group Inc told employees on Thursday that 14 officers will be as leaving the company as part of leadership changes in which another five officer positions will no...
Jun 04, 2020
