Author Archives: Syndicated Content
BOJ’s Kuroda warns of potential rise in credit costs from pandemic
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Tuesday the country's financial institutions could see credit costs rise if the economic fallout from the coronavirus pandemic deepens....
Apr 28, 2020
French consumer confidence sees steepest monthly drop in April
PARIS (Reuters) - French consumer confidence suffered its biggest ever monthly drop in April amid the nationwide lockdown to contain the novel coronavirus, the INSEE official statistics agency said on...
Apr 28, 2020
Japan would ‘scrap’ Games if not held next year: Tokyo 2020’s Mori
TOKYO (Reuters) - Tokyo 2020 president Yoshiro Mori said that the Olympic Games, already postponed to 2021, would be "scrapped" if it could not take place then, according to an interview published on ...
Apr 28, 2020
Marks & Spencer strengthens liquidity to cope with coronavirus impact
LONDON (Reuters) - British retailer Marks & Spencer said it was planning for a slow return to shopping and had taken steps to shore up its finances for 18 months, including scrapping next year's divid...
Apr 28, 2020
BP’s profit tumbles, debt climbs as coronavirus crisis hammers oil demand
By Ron Bousso and Shadia Nasralla LONDON (Reuters) - BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warne...
Apr 28, 2020
Spirits maker Diageo to raise $2.5 billion from debt offering
(Reuters) - Diageo , the world's largest spirits maker, launched a $2.5 billion bond offering on Tuesday, weeks after suspending its share buyback programme in response to the coronavirus crisis. The ...
Apr 28, 2020
Wirecard says KPMG audit found no suspect accounting
FRANKFURT (Reuters) - German financial services company Wirecard on Tuesday said an independent investigation by auditor KPMG delivered no evidence of suspect balance sheets. Having received the speci...
Apr 28, 2020
German minister eyes gastronomy rescue fund if lockdown very long
BERLIN (Reuters) - Germany is ready to offer further financial aid to companies if necessary due to the coronavirus and a fund for the gastronomy sector may be needed if the lockdown lasts longer than...
Apr 28, 2020
Nissan slashes full-year results forecast, sees operating loss
TOKYO (Reuters) - Nissan Motor Co on Tuesday said it expected to post an operating loss for the year that ended in March, as an ongoing decline in sales is exacerbated by the coronavirus outbreak. In ...
Apr 28, 2020
300,000 coronavirus masks sent to pregnant women in Japan may be faulty: reports
TOKYO (Reuters) - Some 300,000 coronavirus masks sent to pregnant women in Japan as part of a government handout have been found to be faulty, media reports said, the latest in a string of complaints ...
Apr 28, 2020
