Author Archives: Syndicated Content
Canada to give seniors one-time payment to help with coronavirus costs
OTTAWA (Reuters) - Canada will give seniors living on a fixed income a one-time payment ranging from C$300 ($215) to C$500 to help deal with increased costs linked to the coronavirus outbreak, officia...
May 12, 2020
IMF chief says coronavirus hits economic data hard, growth forecast cuts ‘very likely’
WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that it was "very likely" that the Fund will cut global growth forecasts further as the corona...
May 12, 2020
Trump wants California to let automaker Tesla reopen assembly plant
By David Shepardson WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday urged California to allow Tesla Inc to reopen its electric vehicle assembly plan. "California should let Tesla & @elon...
May 12, 2020
Europe, Asia risk coronavirus relapse if lockdowns eased too soon: IMF
WASHINGTON (Reuters) - Asia and Europe risk a coronavirus relapse if they reopen their economies too early and before wide-reaching measures are in place to quickly identify and contain new infections...
May 12, 2020
Trump again urges Fed to adopt negative U.S. interest rates
WASHINGTON (Reuters) - President Donald Trump on Tuesday again pushed the Federal Reserve to adopt negative interest rates, even as several members of the U.S. central bank have said they do not see a...
May 12, 2020
Fed’s Kashkari: ‘We might be in this for a long time’
(Reuters) - Minneapolis Federal Reserve President Neel Kashkari repeated Tuesday his view that the economy is not likely to bounce back quickly from the coronavirus crisis, and may not fully recover u...
May 12, 2020
Fed’s Harker says opening economy too soon risks second wave of virus
By Jonnelle Marte (Reuters) - The U.S. economy's recovery from the coronavirus crisis will likely be uneven and could be reversed if businesses open too soon and lead to a second wave of infections, P...
May 12, 2020
Coronavirus could hit banks hard, EU warns
By Jan Strupczewski and John O'Donnell BRUSSELS/FRANKFURT (Reuters) - Euro zone lenders could take a sizeable hit from the coronavirus outbreak as an economic slowdown puts strain on borrowers, Europe...
May 12, 2020
Estonia passes ‘Huawei law’ for telecom security reviews
TALLINN (Reuters) - Estonia's parliament approved on Tuesday a new Electronics Communications Act to ensure security reviews for telecom gear needed in the development of future networks. The act, whi...
May 12, 2020
London nurses mark Florence Nightingale’s bicentenary
LONDON (Reuters) - Nurses in central London admired a giant projection of Florence Nightingale onto the buildings of Guys and St Thomas' hospitals on Monday night to mark 200 years since her birth and...
May 12, 2020
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