Author Archives: Syndicated Content
ECB can deviate from countries’ bond-buying quotas as needed
FRANKFURT (Reuters) - The European Central Bank can deviate from each euro zone country's quota to the extent needed when it buys government bonds under its Pandemic Emergency Purchase Programme, the ...
May 26, 2020
Markets too optimistic about coronavirus recovery: Deutsche Bank CEO
FRANKFURT (Reuters) - Deutsche Bank chief executive Christian Sewing said on Tuesday that markets were too optimistic in their assessment of a recovery from the coronavirus crisis. It's a bearish stat...
May 26, 2020
Wall Street set to surge at open on recovery, vaccine hopes
By Medha Singh and Uday Sampath Kumar (Reuters) - Wall Street was set to surge at the open, with the S&P 500 poised to breach a major technical barrier on Tuesday as business restarts and optimism abo...
May 26, 2020
‘Finally free’ – homebound Filipinos cheer end to quarantine ordeal
MANILA (Reuters) - Hundreds of repatriated Filipino workers made their way to bus and airport terminals on Tuesday to return to families, the first among around 24,000 nationals stuck for weeks in the...
May 26, 2020
Steelcase recalls furloughed workers globally, eases pay restrictions
(Reuters) - Steelcase Inc said on Tuesday that it recalled most of its manufacturing employees globally who were furloughed due to restrictions imposed to curb the spread of the COVID-19 pandemic. The...
May 26, 2020
New Indian roads, air strips sparked border standoff with China, India observers say
By Sanjeev Miglani and Fayaz Bukhari NEW DELHI/SRINAGAR (Reuters) - A Himalayan border standoff between old foes India and China was triggered by India's construction of roads and air strips in the re...
May 26, 2020
Shipping plan would reel international emissions into EU carbon market
By Kate Abnett (Reuters) - The European Union's carbon market could capture a large chunk of emissions from outside Europe if the bloc succeeds in including shipping in the scheme, according to the Eu...
May 26, 2020
Where U.S. coronavirus cases are on the rise
By Chris Canipe and Lisa Shumaker (Reuters) - Twenty U.S. states reported an increase in new cases of COVID-19 for the week ended May 24, up from 13 states in the prior week, as the death toll from th...
May 26, 2020
Brazil stocks to slog through worst year since 2008 as pandemic strikes
By Gabriel Burin and Abraham Gonzalez BUENOS AIRES/MEXICO CITY (Reuters) - Brazilian stocks will keep slogging through a year that is shaping up as their worst since the global financial crisis of 200...
May 26, 2020
EU frees up export of coronavirus protection equipment
BRUSSELS (Reuters) - The European Union ended its controls on the export of coronavirus protective equipment on Tuesday after concluding that supplies for European medical and other workers were now a...
May 26, 2020
