Author Archives: Syndicated Content
China trial of Gilead’s potential coronavirus treatment suspended
(Reuters) - A trial in China testing Gilead Sciences Inc's antiviral drug, remdesivir, in those with mild symptoms of COVID-19 has been suspended due to a lack of eligible patients, according to a web...
Apr 15, 2020
Captain Tom, 99, raises $8 million with walk in his UK garden
LONDON (Reuters) - A 99-year-old war veteran has become a celebrity by raising at least 6.4 million pounds ($8 million) for Britain's health service with a walk around his garden in the coronavirus cr...
Apr 15, 2020
Berkshire Hathaway unit wins 643 million euro award over ‘fraudulent’ German pipemaker purchase
By Jonathan Stempel NEW YORK (Reuters) - Precision Castparts Corp, a unit of Warren Buffett's Berkshire Hathaway Inc , has been awarded 643 million euros ($700 million) in arbitration for having been ...
Apr 15, 2020
G20 financial officials agree on debt suspension for world’s poorest countries
DUBAI (Reuters) - Financial officials of the Group of 20 major economies said on Wednesday in a joint statement they had agreed on a coordinated approach for a suspension of debt service payments for ...
Apr 15, 2020
Singapore reports 447 new cases in biggest daily jump, total 3,699
SINGAPORE (Reuters) - Singapore's health ministry on Wednesday confirmed 447 new coronavirus cases in the biggest daily jump, to bring the total number of cases in the city-state to 3,699. 404 of the ...
Apr 15, 2020
Ryanair sees quick airline recovery marked by low fares
PARIS (Reuters) - Ryanair is steeling for an airline price war that it expects to win once coronavirus restrictions are lifted and passengers flock back to tourist destinations, Chief Executive Michae...
Apr 15, 2020
Pentagon probe unable to rule out White House influence on JEDI contract
WASHINGTON (Reuters) - The Pentagon's inspector general on Wednesday said it could not determine whether the White House influenced the award of a $10 billion cloud computing contract to Microsoft ove...
Apr 15, 2020
Bain Capital Credit owns 9.8% of doValue: filing
MILANO (Reuters) - U.S. credit specialist Bain Capital Credit Member held 9.8% of Italy's biggest bad loan specialist doValue as of April 6, a regulatory filing showed on Wednesday. The stake is held ...
Apr 15, 2020
Bank of Canada says coronavirus to trigger biggest slump ever, drops forecasts
By Kelsey Johnson and David Ljunggren OTTAWA (Reuters) - The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian slump but suspended its re...
Apr 15, 2020
Indian airline Vistara defers payments to some suppliers: internal memo
By Aditya Kalra NEW DELHI (Reuters) - Indian airline Vistara has negotiated a reduction and deferment of payments to some suppliers to conserve cash, the airline's CEO said in an internal memo, after ...
Apr 15, 2020
