Author Archives: Syndicated Content
Global accounting body eases lease rule to help during pandemic
LONDON (Reuters) - Firms leasing property will be given an optional accounting exemption for rent reductions during the coronavirus crisis by the International Accounting Standards Board (IASB). IASB ...
May 28, 2020
Nissan sets out survival plan after first loss in 11 years
By Naomi Tajitsu TOKYO (Reuters) - Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits that culmin...
May 28, 2020
Russian senator criticises U.S. for ending sanctions waivers on Iran nuclear sites
MOSCOW (Reuters) - The United States' decision to end sanctions waivers that had allowed some work to proceed at Iranian nuclear sites will only provoke Tehran into developing nuclear weapons, Interfa...
May 28, 2020
Nearly half shuttered UK firms don’t know when they will reopen: ONS
LONDON (Reuters) - Nearly half of businesses in Britain which temporarily closed or paused trading because of the coronavirus lockdown are unsure when they will restart trading, a survey by the countr...
May 28, 2020
China will strive to achieve positive economic growth this year: Premier Li
BEIJING (Reuters) - China will strive to achieve positive economic growth this year, Premier Li Keqiang said on Thursday, adding that growth remained important even though the government had not set a...
May 28, 2020
Nissan slashes capacity by a fifth after first loss in 11 years
TOKYO (Reuters) - Nissan Motor Co said on Thursday it would slash its production capacity by a fifth to help reduce its fixed costs by 300 billion yen ($2.8 billion) as it looks to become a smaller, m...
May 28, 2020
Japan gives bleaker view of exports, employment due to pandemic
TOKYO (Reuters) - Japan's government gave a bleaker view on exports in a monthly report in May as the world's third-largest economy grapples with the fallout of the global coronavirus pandemic. While ...
May 28, 2020
K-Pop group BTS’ label Big Hit Entertainment files review for IPO: bourse
SEOUL (Reuters) - Big Hit Entertainment, the management label of South Korean K-Pop group BTS, has filed for a preliminary review of a planned initial public offering, the Korea Exchange said on Thurs...
May 28, 2020
‘No evidence’ reopening of Finland schools has spread virus faster
(Reuters) - Finland has seen no evidence of the coronavirus spreading faster since schools started to reopen in the middle of May, the top health official said on Thursday. "The time has been short, b...
May 28, 2020
Dutch F1 Grand Prix postponed to 2021 due to pandemic
(Reuters) - The Dutch Formula One Grand Prix at Zandvoort has been postponed to 2021 because of the COVID-19 pandemic, organisers said on Thursday. The race at the seaside circuit would have been the ...
May 28, 2020
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