Author Archives: Syndicated Content
Renault slumps to record 7.3 billion euro net loss in first half
PARIS (Reuters) - French carmaker Renault posted a record net loss of 7.292 billion euros in the first half of this year, dragged down by the impact of losses at alliance partner Nissan and the COVID ...
Jul 30, 2020
Nestle cuts 2020 growth forecast as consumers ate into stockpiles in second quarter
ZURICH (Reuters) - Nestle cut its full-year underlying sales forecast on Thursday, saying demand had slowed as customers worked their way through cupboards they stocked up with food at the start of co...
Jul 30, 2020
Mouratoglou says UTS attracting new demographic to the game
By Sudipto Ganguly MUMBAI (Reuters) - Patrick Mouratoglou, the long-time coach of Serena Williams, says the innovative exhibition league he helped launch in June has brought new, younger fans to the s...
Jul 30, 2020
Japan’s government pension fund keeping eye on global macro-economic policy amid outbreak, president says
By Takashi Umekawa, Daiki Iga and Mayu Sakoda TOKYO (Reuters) - Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, has been closely watching global macro-economic pol...
Jul 30, 2020
AUTO1 raises $300 million to develop used-car retail platform
By Douglas Busvine BERLIN (Reuters) - AUTO1 Group, the European digital used-car trading platform, said on Thursday it had raised 255 million euros ($300 million) from investors and would use the mone...
Jul 30, 2020
German companies gradually easing off furloughs: Ifo
BERLIN (Reuters) - The number of German companies that have their workers on shortened working hours is gradually easing, particularly in the construction, services and retail sectors, a survey by the...
Jul 30, 2020
China to add 56 drugs to price-slashing bulk-buy programme
BEIJING (Reuters) - China has added 56 medicines, including some global blockbuster drugs, to its state bidding programme aimed at procuring key treatments at big discounts in return for offering larg...
Jul 30, 2020
France’s crisis recovery may be better than expected: central bank head
PARIS (Reuters) - France's economic slump may not be quite as bad as forecast and activity in the euro zone's second biggest economy could return to pre-crisis levels in early 2022, the central bank g...
Jul 30, 2020
Launch set for NASA’s next-generation Mars rover Perseverance
By Joey Roulette (Reuters) - NASA's next-generation Mars rover Perseverance is set for liftoff from Florida's Cape Canaveral on Thursday on a mission to search for traces of potential past life on Ear...
Jul 30, 2020
Kraft Heinz meat, cheese sales lag as shoppers buy premium products
By Richa Naidu CHICAGO (Reuters) - Second-quarter sales of Kraft Heinz's Oscar Mayer deli meats and cheese slices grew more slowly than those of higher-end rival products such as ham from pigs fed veg...
Jul 30, 2020
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