Author Archives: Syndicated Content
Tesco finance chief Alan Stewart to retire in April 2021
LONDON (Reuters) - Britain's biggest retailer Tesco said on Tuesday its chief financial officer Alan Stewart has decided to retire on April 30 next year. Stewart joined Tesco in 2014 shortly after an ...
Jun 02, 2020
Virgin Australia administrator picks Bain, Cyrus as final bidders
SYDNEY (Reuters) - Virgin Australia Holdings Ltd's administrator said on Tuesday it had selected Bain Capital and Cyrus Capital Partners as the final bidders for the country's second-biggest airline. ...
Jun 02, 2020
China approves $20 billion mega petchem complex in Shandong oil hub: sources
SINGAPORE (Reuters) - China's state planner has given initial approval for a $20 billion refinery and petrochemical project to be built in Shandong province, the country's hub for independent oil refi...
Jun 02, 2020
UK house prices fall by most since 2009 as COVID hits: Nationwide
LONDON (Reuters) - Britain's house prices fell by the most in more than 11 years in May as the coronavirus crisis hammered the market, mortgage lender Nationwide said on Tuesday. Nationwide said its m...
Jun 02, 2020
‘I can’t be silent’: Hong Kong people aim to mark Tiananmen despite ban
HONG KONG (Reuters) - Many Hong Kong people will find their own way to mark the 31st anniversary of Chinese troops opening fire on protesters in and around Tiananmen Square, after an annual candleligh...
Jun 02, 2020
French economy to contract by 11% in 2020: finance minister
PARIS (Reuters) - The French economy is set to contract 11% this year due to the coronavirus crisis and a nationwide lockdown to contain it, Finance Minister Bruno Le Maire said on Tuesday. "We were h...
Jun 02, 2020
Novacyt sees more wins for coronavirus test product
PARIS (Reuters) - Healthcare and clinical diagnostics company Novacyt announced more contract wins for its 'Primerdesign' product aimed at testing for the presence of the coronavirus, although the com...
Jun 02, 2020
French Finance Minister: Renault loan not signed yet, but should be soon
PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Tuesday the government had not yet signed off on a planned 5 billion euro ($5.6 billion) loan for carmaker Renault , though he hoped th...
Jun 02, 2020
Sell, stow or dump? Retailers wrestle with mountain of unsold stock
By Sonya Dowsett and Lisa Baertlein MADRID/LOS ANGELES (Reuters) - Forget fast or slow fashion, now it's ground to a halt. A mountain of apparel stock has been piling up in stores, distribution center...
Jun 02, 2020
On this day: Born June 3, 1982: Yelena Isinbayeva, Russian pole vaulter
By Karolos Grohmann ATHENS (Reuters) - Few have dominated their sport like Russian pole vault record holder Yelena Isinbayeva, with her back-to-back Olympic gold medals, more than two dozen world reco...
Jun 02, 2020
