Author Archives: Syndicated Content
Over 140 small Japan companies bankrupted by coronavirus: research firm
TOKYO (Reuters) - The outbreak of the coronavirus had pushed 141 Japanese companies to bankruptcy since February, with more cases expected toward the end of this month, Tokyo Shoko Research (TSR) said...
May 13, 2020
Sony reports 57% drop in fourth-quarter profit, declines to give outlook
TOKYO (Reuters) - Japan's Sony Corp on Wednesday reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to uncertainty related to the c...
May 13, 2020
Aston Martin posts deep loss as coronavirus outbreak hits sales
LONDON (Reuters) - Aston Martin posted a first-quarter pretax loss of 119 million pound ($146 million) after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the desto...
May 13, 2020
Maersk meets first-quarter revenue forecasts but warns on container sector outlook
COPENHAGEN (Reuters) - Shipping group A.P. Moller-Maersk posted first-quarter revenue in line with expectations on Wednesday but warned about a drop of as much as 25% in global container volumes in th...
May 13, 2020
UK economy shrinks 5.8% in March, most on record
LONDON (Reuters) - Britain's economy shrank by a record 5.8% in March from February as the coronavirus crisis escalated and the government ordered a shutdown of much of the country to stop the spread ...
May 13, 2020
Exclusive: As COVID-19 cases in Yemen surge, some sources see undercounting
By Aziz El Yaakoubi DUBAI (Reuters) - Yemen has more suspected coronavirus cases and deaths than the authorities have so far reported, four sources familiar with the matter told Reuters, as the United...
May 13, 2020
For Hire: Central Europe’s business services firms spy a chance in crisis
By Michael Kahn, Anna Koper and Alan Charlish PRAGUE/WARSAW (Reuters) - As the COVID-19 pandemic wipes out jobs and empties offices across the world, companies in Central Europe that provide remote, l...
May 13, 2020
Slowly but steady, China strives to make widespread virus testing the new normal
By Brenda Goh and Min Zhang SHANGHAI/BEIJING (Reuters) - Beijing resident Wang Yukun was happy to comply in April when the construction firm he works for told him he'd need to take a test for the nove...
May 13, 2020
South Korea sticks with virus lockdown rollback despite nightclub outbreak
By Sangmi Cha and Hyonhee Shin SEOUL (Reuters) - South Korea health authorities said on Wednesday they had no immediate plans to reinstate strict social distancing rules despite a fresh coronavirus ou...
May 13, 2020
Virus hit on Europe’s corporate profits seen growing further
LONDON (Reuters) - Expectations for second- and third-quarter corporate profits have deteriorated in Europe, Refinitiv data showed on Wednesday, as fears grow over the extent of the recession triggere...
May 13, 2020
