Author Archives: Syndicated Content
Compass launches 2-billion-pound equity raise as lockdowns hit caterers
(Reuters) - The world's largest caterer Compass Group launched a 2 billion pound ($2.44 billion) share offer on Tuesday, seeking to shore up its liquidity as the coronavirus crisis closes food service...
May 19, 2020
French Connection says could run out of cash within months
(Reuters) - British retailer French Connection warned on Tuesday it could run short on cash to operate its business in the coming months without additional access to capital, saying it was in talks wi...
May 19, 2020
Japan’s Sharp reports 37% profit drop, gives no forecasts
TOKYO (Reuters) - Japan's Sharp Corp, an Apple Inc supplier, reported a 37% decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertai...
May 19, 2020
British energy supplier SSE’s retail division faces 2,600 job cuts
(Reuters) - The owner of British energy supplier SSE Plc's retail division is planning to cut 2,600 jobs in the business, it said on Tuesday, citing a heavy impact from the coronavirus crisis. Ovo Ene...
May 19, 2020
UK jobless claims jump to highest since 1996 as COVID crisis hits
LONDON (Reuters) - A measure of the number of people claiming unemployment benefits in Britain soared to its highest level since 1996 in April, the first full month of the government's coronavirus loc...
May 19, 2020
European new car sales down 78.3% in April: ACEA
BERLIN (Reuters) - European passenger car sales slumped in April as the first full month with restrictions imposed to contain the coronavirus pandemic across the continent dragged sales to a record dr...
May 19, 2020
Defecting French lawmakers deprive Macron of outright parliament majority
PARIS (Reuters) - Defectors from Emmanuel Macron's ruling party announced the creation of a new group in France's lower house of parliament on Tuesday, depriving the president of an outright majority ...
May 19, 2020
Rowing: Row me to the moon, let me scull among the stars
WELLINGTON (Reuters) - Rowers from New Zealand, Australia, Canada and Britain whose training on the water has been restricted due to the novel coronavirus pandemic have been challenged to help their c...
May 19, 2020
Coffee company JDE Peet’s seeks to raise 700 million euros in IPO
AMSTERDAM (Reuters) - JDE Peet's Coffee, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise 700 million euros ($764 million) in an initial publi...
May 19, 2020
Germany’s confirmed coronavirus cases rise by 513 to 175,210: RKI
BERLIN (Reuters) - The number of confirmed coronavirus cases in Germany rose by 513 to 175,210, data from the Robert Koch Institute (RKI) for infectious diseases showed on Tuesday, with new infections...
May 19, 2020
