Author Archives: Syndicated Content
Major flu, coronavirus activity could slam U.S. health system, top official says
NEW YORK (Reuters) - Substantial activity from the novel coronavirus combined with a major flu season this fall could place a tremendous burden on the healthcare system, a top U.S. health official sai...
Jun 04, 2020
U.S. leveraged loan downgrade ratio five times worse than 2008-09
By Yoruk Bahceli LONDON (Reuters) - The ratio of leveraged loan credit rating downgrades to upgrades has spiked to a record level five times above that hit during the last global financial crisis, ref...
Jun 04, 2020
LVMH propels Arnault scion to head up Tag Heuer watches
PARIS (Reuters) - LVMH on Thursday said that Frederic Arnault, one of the younger sons of the luxury goods group's billionaire boss, would take over running watch brand Tag Heuer, joining his siblings...
Jun 04, 2020
Spain’s COVID-19 deaths at 27,133; cases at 240,660
MADRID (Reuters) - Spain's total death toll from the coronavirus reached 27,133 on Thursday, health ministry data showed, five more than reported on Wednesday. The ministry has stopped providing a dai...
Jun 04, 2020
U.S. attorney general to hold news conference on Thursday
WASHINGTON (Reuters) - U.S. Attorney General Bill Barr will hold a news conference at 12:30 p.m. (1630 GMT) on Thursday, the U.S. Justice Department said in a statement. The heads of the FBI, the U.S....
Jun 04, 2020
Ethiopian food delivery startup rides to restaurants’ rescue
By Kumerra Gemechu ADDIS ABABA (Reuters) - Restaurants may still be officially open in Ethiopia, but diners are staying away due to the coronavirus pandemic. Connecting the two is an Ethiopian food de...
Jun 04, 2020
EBay raises forecasts on online boom, shares hit record high
(Reuters) - EBay Inc raised its current-quarter revenue and profit forecasts on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more through its online platform, sending its sha...
Jun 04, 2020
For U.S. economy, the bottom may be here, but the rebound is slow so far
By Howard Schneider WASHINGTON (Reuters) - The U.S. economy may have hit its low point in the coronavirus crash but the rebound so far remains tepid, according to both broad indexes of activity and hi...
Jun 04, 2020
EU Commission praises German stimulus plan as ‘very positive’
By Jan Strupczewski BRUSSELS (Reuters) - The European Commission praised Germany's 130 billion euro economic stimulus plan on Thursday, noting the EU's most populous country was finally boosting spend...
Jun 04, 2020
Nasdaq 100 hits intraday record high on recovery optimism
(Reuters) - The Nasdaq 100 index rose to an intra-day record high on Thursday as optimism about the reopening of the U.S. economy eclipsed concerns of the economic damage wrought by the COVID-19 pande...
Jun 04, 2020
