Author Archives: Syndicated Content
U.S. Supreme Court overturns New Jersey ‘Bridgegate’ scandal convictions
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday threw out the criminal convictions of two associates of former New Jersey Governor Chris Christie involved in the "Bridgega...
May 07, 2020
No sign Britain wants EU trade talks to succeed: EU trade chief
DUBLIN (Reuters) - There is no real sign that Britain is approaching trade talks with the European Union with a plan to succeed and it appears set to blame any post-Brexit fallout on the economic shoc...
May 07, 2020
Twilio shares surge 32% after results crush Wall Street estimates
By Supantha Mukherjee (Reuters) - Twilio Inc shares surged 32% to a record high after the cloud communication provider's quarterly results and forecast smashed Wall Street estimates on increased deman...
May 07, 2020
Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs
By Anirban Sen and Supantha Mukherjee (Reuters) - Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a slow recovery in d...
May 07, 2020
Exclusive: Peru mines set to restart; to hit 80% production in a month, industry official says
By Marco Aquino LIMA (Reuters) - Peruvian miners are set to restart operations in coming days and ramp up to around 80% of normal production levels within a month, a senior official at the country's m...
May 07, 2020
Norway cuts rates to record low of zero to cushion economy
By Terje Solsvik and Victoria Klesty OSLO (Reuters) - Norway's central bank cut its key interest rate to zero, a record low, from 0.25% on Thursday in a surprise move aimed at protecting an economy re...
May 07, 2020
U.S. demand for cars expected to rebound while travel, dining lag: ad agency
By Sheila Dang (Reuters) - Consumer demand for cars could begin to recover this month in the United States after steep declines due to the coronavirus pandemic, but the hard-hit travel and dining indu...
May 07, 2020
Lufthansa seeking 9 billion euro bailout
FRANKFURT (Reuters) - Lufthansa on Thursday said it is negotiating a 9 billion euro ($9.71 billion) "stabilisation package" with Germany's Federal Economic Stabilization Fund, confirming an earlier Re...
May 07, 2020
Fed’s Bostic: Recovery hinges on permanence of unemployment
WASHINGTON (Reuters) - The strength of any coming U.S. economic recovery will depend on whether the emergency programs rolled out provide an effective "bridge" so companies rehire workers when the hea...
May 07, 2020
Leaked reopening guidance not cleared by U.S. public health leaders, official says
WASHINGTON (Reuters) - A leaked document on how to safely reopen states prepared by officials at the U.S. Centers for Disease Control and Prevention was never cleared by CDC leadership, a White House ...
May 07, 2020
