Author Archives: Syndicated Content
ADB cuts 2020 economic forecasts for South Caucasus countries
By Margarita Antidze TBILISI (Reuters) - The Asian Development Bank (ADB) has slashed its 2020 economic forecasts for the South Caucasus countries as they are hit by the spread of the new coronavirus,...
Jun 18, 2020
Audi boss to head carmaker’s R+D division: sources
MUNICH (Reuters) - Markus Duesmann, the head of Audi , will also head the research and development division at German carmaker Volkswagen's premium brand, two sources told Reuters on Thursday. Hans-Jo...
Jun 18, 2020
Atlanta officer says not ‘state’s witness’ in Rayshard Brooks case, contradicting prosecutor
(Reuters) - Devin Brosnan, one of two Atlanta police officers charged in the shooting death of Rayshard Brooks, has not agreed to be a witness for the prosecution, his lawyer told Reuters on Thursday,...
Jun 18, 2020
Thyssenkrupp’s elevator division set for multi-billion euro debt issue: sources
By Abhinav Ramnarayan and Christoph Steitz LONDON/FRANKFURT (Reuters) - Thyssenkrupp's elevator division is set to launch a multi-billion euro high-yield debt package in the coming weeks to help finan...
Jun 18, 2020
Amazon, Valentino file joint lawsuit over shoes counterfeiting
MILAN (Reuters) - Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino's shoes and offeri...
Jun 18, 2020
Argentina debt markets rattled as bond revamp talks stall
BUENOS AIRES (Reuters) - Argentina's debt markets were rattled on Thursday after bond restructuring talks with creditors appeared to stall, pushing the country's risk spread up sharply over safe-haven...
Jun 18, 2020
U.S. lawmakers offer bill to block Trump from German troop withdrawal
By Patricia Zengerle WASHINGTON (Reuters) - U.S. congressional Democrats introduced legislation on Thursday to block President Donald Trump's plan to remove 9,500 troops from close ally Germany by pro...
Jun 18, 2020
IMF says deeper-than-expected contraction in U.S. economy likely in second quarter
WASHINGTON (Reuters) - A defacto lockdown in the United States has lasted longer than expected despite a rollback in some restrictions on mobility, pointing to a deeper-than-expected contraction in gr...
Jun 18, 2020
Prudential sells Jackson equity stake to Apollo-backed Athene for $500 million
By Sinead Cruise and Svea Herbst-Bayliss LONDON/BOSTON (Reuters) - Prudential sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for $500 million, the insurer ...
Jun 18, 2020
Mexico enlists F1 racetrack, military barracks to fight coronavirus
By Noe Torres MEXICO CITY (Reuters) - Mexico has repurposed a Formula One racetrack, converted a huge convention center and put hundreds of beds into military barracks to create new hospital space to ...
Jun 18, 2020
