Author Archives: Syndicated Content
As Portugal slowly reopens economy, business owners fear uncertain future
By Catarina Demony and Miguel Pereira LISBON (Reuters) - As Portugal slowly started to ease its lockdown measures imposed to fight the coronavirus on Monday, hairdresser Cleonice Caldeira reopened her...
May 04, 2020
U.S. Treasury’s Mnuchin says Trump eyeing restaurant tax changes, travel boost
WASHINGTON (Reuters) - Treasury Secretary Steven Mnuchin on Monday said bipartisan discussions are underway over whether more U.S. government relief funding is needed amid the nation's novel coronavir...
May 04, 2020
VW’s Skoda braces for second-quarter hit after earnings drop
PRAGUE (Reuters) - Czech carmaker Skoda Auto, part of the Volkswagen Group , reported a 25% drop in first-quarter operating profit on Monday, but said the biggest hit from the coronavirus outbreak wou...
May 04, 2020
U.S. Supreme Court hears first case by teleconference; Thomas asks questions
By Lawrence Hurley and Andrew Chung WASHINGTON (Reuters) - In a break from tradition caused by the coronavirus pandemic, the U.S. Supreme Court on Monday for the first time heard arguments in a case b...
May 04, 2020
Bank of England says banks can exclude ‘Bounce Back’ loans from leverage rules
LONDON (Reuters) - The Bank of England will allow banks to exclude state-backed small company loans made under Britain's new emergency Bounce Back credit scheme from leverage rules, it said on Monday,...
May 04, 2020
Apple launches new MacBook Pro
(Reuters) - Apple Inc (AAPL.O) on Monday launched an updated version of its MacBook Pro, with modified keyboards as the laptop line had faced criticism for typing-related problems, while boosting perf...
May 04, 2020
Virgin Money UK names insider Bennett as new chairman
(Reuters) - Virgin Money UK Plc said on Monday current deputy chairman David Bennett will take over the role of chairman from Jim Pettigrew, who is set to retire on Tuesday. Bennett, who has been depu...
May 04, 2020
U.S. airline shares tumble as Buffett stake riddance fuels investor worries
(Reuters) - Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett's Berkshire Hathaway said it offloaded its entire stake in the carriers last month, adding ...
May 04, 2020
France rejects Amazon’s request for unemployment schemes at six sites
PARIS (Reuters) - The French government has rejected Amazon 's request to tap a state partial unemployment scheme for employees at its six warehouses in the country, a spokeswoman for the labour minis...
May 04, 2020
Vodacom launches commercial 5G mobile network in South Africa
JOHANNESBURG (Reuters) - Mobile operator Vodacom Group said on Monday it had switched on Africa's first live 5G mobile network in three cities in South Africa, with further rollouts planned in other p...
May 04, 2020
