Author Archives: Syndicated Content
Dutch government’s 2019 purchase of Air France-KLM shares ‘irregular’: audit office
AMSTERDAM (Reuters) - A 2019 move by the Dutch government to buy a 14% stake in Air France-KLM was not in accordance with the country's laws, the Netherlands' Court of Audit ruled on Wednesday. The go...
May 20, 2020
EU must focus on health & jobs now, fiscal matters later: Commission
BRUSSELS (Reuters) - European Union countries must now focus on investment in public health and protecting jobs and companies, and worry about fiscal sustainability later, the European Commission said...
May 20, 2020
SoftBank-backed Ola to cut about 35% workforce amid COVID-19 crisis
BENGALURU (Reuters) - SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it tries to navigate the coronavirus crisis, its chief executive offi...
May 20, 2020
Explainer: Why is Israel’s Netanyahu facing trial?
By Maayan Lubell JERUSALEM (Reuters) - A week after being sworn into office for a fifth term, Israeli Prime Minister Benjamin Netanyahu will go on trial on May 24, charged with corruption. WHAT ARE TH...
May 20, 2020
Ex-state legislator Bentz wins race to replace Oregon’s only Republican congressman
(Reuters) - Former Republican state legislator Cliff Bentz will replace Oregon's only Republican congressman, who is retiring, after emerging victorious from a crowded field of candidates in a primary...
May 20, 2020
UK still working out quarantine plan for people entering country
LONDON (Reuters) - The British government is still working on the details of how it will implement quarantine measures for people arriving in the country, interior minister Priti Patel said on Wednesd...
May 20, 2020
Germany approves new powers to block foreign takeovers in healthcare
(Reuters) - Germany gave itself new powers to veto hostile foreign takeover bids for healthcare companies on Wednesday, a measure designed to ensure a continuous supply of essential products during th...
May 20, 2020
Malaysia reports 31 new coronavirus cases; total tops 7,000
KUALA LUMPUR (Reuters) - Malaysia's health ministry reported 31 new coronavirus cases on Wednesday, taking the cumulative total to 7,009 infections. No new deaths were recorded, leaving the total numb...
May 20, 2020
Qatar offers Turkey relief by tripling FX swap line to $15 billion
By Ali Kucukgocmen and Orhan Coskun ISTANBUL (Reuters) - Turkey secured a tripling of its currency-swap agreement with Qatar to $15 billion, the central bank said on Wednesday, providing some much-nee...
May 20, 2020
Tsingshan’s stainless steel order book fills as China rebounds, traders load up
By Mai Nguyen and Tom Daly SINGAPORE/BEIJING (Reuters) - Tsingshan Holding Group, the world's biggest stainless steel producer, has sold the entire output of its Chinese plants through June, said two ...
May 20, 2020
