Author Archives: Syndicated Content
ECB again calls for bigger role of fiscal policy in recession fight
FRANKFURT (Reuters) - The euro zone economy is facing a deep recession amid the coronavirus pandemic and greater cooperation is needed in fiscal policy to support the recovery, European Central Bank V...
May 07, 2020
Nintendo expects to sell 19 million Switch devices this financial year
TOKYO (Reuters) - Japan's Nintendo Co Ltd said on Thursday it expects to sell 19 million Switch console units in the current financial year as consumers locked down due to the coronavirus outbreak dri...
May 07, 2020
London’s “temples of gastronomy” improvise to survive COVID-19
By Will Russell and Kate Holton LONDON (Reuters) - Andrew Wong knew from an early age that running a restaurant required improvisation, having watched his parents steer their London Chinese restaurant...
May 07, 2020
Britain’s GSK to sell entire stake in Hindustan Unilever
(Reuters) - GlaxoSmithKline said on Thursday it agreed to sell its entire stake in Unilever's Indian business for about 254.8 billion rupees ($3.35 billion) on the open market, cashing in late from th...
May 07, 2020
On this day: Born May 8, 1932 – Sonny Liston, American boxer
By Rohith Nair (Reuters) - Charles 'Sonny' Liston has "1932-1970" and "A Man" inscribed on his gravestone, simple words for a boxing great whose complex life was shrouded in mystery despite being in t...
May 07, 2020
French economic activity still a third below normal: INSEE
PARIS (Reuters) - French economic activity has picked up slightly over the last two weeks but remains a third below normal levels for this period of the year, the INSEE official stats agency said on T...
May 07, 2020
British insurer RSA sees £25 million in coronavirus claims
LONDON (Reuters) - British insurer RSA said it expected its exposure from the coronavirus pandemic to total around 25 million pounds ($30.89 million), with claims coming from travel, wedding and event...
May 07, 2020
Rathbone posts drop in funds under management at March 31; sees inflows picking up
(Reuters) - Rathbone Brothers on Thursday posted a 15.4% slump in funds under management as of the end of March due to the coronavirus-led selloff in financial markets, but was encouraged that the sec...
May 07, 2020
Britain’s Next expands beauty business with former Debenhams stores
LONDON (Reuters) - British clothing retailer Next said on Thursday it will expand its beauty business by taking on five former Debenhams beauty departments and rebranding them as "The Beauty Hall from...
May 07, 2020
Merkel’s chief of staff: Pandemic to last least for rest of year
BERLIN (Reuters) - The coronavirus pandemic will last for at least the rest of this year, German Chancellor Angela Merkel's chief of staff told Deutschlandfunk radio on Thursday. "We are not living af...
May 07, 2020
