Author Archives: Syndicated Content
Italy GDP may shrink by more than 8% in 2020, says economy minister
ROME (Reuters) - Italian Economy Minister Roberto Gualtieri said on Friday that the country's economic contraction this year may be worse than the 8% decline currently forecast by the government. The ...
Jun 12, 2020
As Colombia eyes pensions, market shudders
By Nelson Bocanegra BOGOTA (Reuters) - Colombia's financial market cringed last week when it learned the government was planning to order pension funds to transfer some $7.34 billion worth of contribu...
Jun 12, 2020
Indian automaker Mahindra seeks to give up control of struggling unit SsangYong
By Aditi Shah NEW DELHI (Reuters) - Mahindra & Mahindra plans to give up control of struggling South Korean unit SsangYong Motor , the Indian automaker's managing director said on Friday, as it looks ...
Jun 12, 2020
American Airlines sees 90% slump in second-quarter revenue
(Reuters) - U.S. airline American Airlines Group Inc said on Friday it expects its second quarter revenue to decline 90% compared with a year earlier. The company expects to reduce its cash burn rate ...
Jun 12, 2020
Trump on Juneteenth rally: ‘Think about it as a celebration’
WASHINGTON (Reuters) - President Donald Trump defended his decision to resume campaign rallies next week on a day marking the end of U.S. slavery and at the site of a black massacre 100 years ago, say...
Jun 12, 2020
Quarantine rules are to protect public health, says UK PM’s spokesman
LONDON (Reuters) - Britain's government have brought in quarantine rules to protect public health, a spokesman for Prime Minister Boris Johnson said on Friday, declining to comment on legal action bro...
Jun 12, 2020
France launches Sahel coalition to fight rising jihadi violence
DAKAR/PARIS (Reuters) - France launched a coalition of West African and European allies on Friday to fight jihadi militants in the Sahel region, hoping more political cooperation and special forces tr...
Jun 12, 2020
OPEC+ panel meeting next week will advise on policy, not decide: sources
By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW - An OPEC-led panel meeting to review the oil market next week will advise the wider OPEC+ group cooperating on a record supply cut, fi...
Jun 12, 2020
Britain’s Johnson says wasn’t surprised by economic plunge
LONDON (Reuters) - British Prime Minister Boris Johnson said figures showing the economy had plunged by a quarter in the March-April period had not come as a surprise because it was always going to hi...
Jun 12, 2020
Dutch cenbank chief Knot positive on European spending plan
AMSTERDAM (Reuters) - While the Dutch government has been a prominent sceptic of a plan for the European Union to spend 750 billion euros on economies hurt by coronavirus, the president of the country...
Jun 12, 2020
