Author Archives: Syndicated Content
Softbank says it will sell 5% of domestic telco
TOKYO (Reuters) - SoftBank Group Corp said it plans to sell 5% of its domestic telco SoftBank Corp as part of its plan to raise $41 billion through asset sales. The sale of 240 million shares will lea...
May 21, 2020
EU mulling solvency aid for firms, commissioner tells Handelsblatt
BERLIN (Reuters) - The European Union is considering offering aid to companies that have fallen on hard times due to the coronavirus pandemic and are not receiving support from their national governme...
May 21, 2020
Iran dismisses new U.S. sanctions as ‘fruitless and repetitive’: TV
DUBAI (Reuters) - Iran dismissed on Thursday U.S. sanctions on several Iranian officials, saying they were a sign of the complete inefficiency of Washington's previous sanctions on the Islamic Republi...
May 21, 2020
Australia reassures on China iron ore processing changes
By Kirsty Needham and Melanie Burton SYDNEY/MELBOURNE (Reuters) - The Australian government said on Thursday a change in China's iron ore inspection procedures should streamline customs clearance of A...
May 21, 2020
Michigan’s Harbaugh prefers empty stadiums to no games
Running out of the tunnel at Michigan Stadium with no fans is a reality Wolverines coach Jim Harbaugh prefers over the alternative -- not playing games at all in 2020. Harbaugh said Wednesday i...
May 21, 2020
Lebanon at risk of major food crisis, PM warns
BEIRUT (Reuters) - Lebanon is at risk of a major food crisis and many Lebanese may soon find it hard to afford bread because of an acute financial crunch and the fall-out of COVID-19, the prime minist...
May 21, 2020
Shell evacuates foreign staff from Iraq’s Basra Gas project: executives
BASRA, Iraq (Reuters) - Shell has evacuated its foreign staff, numbering around 60, from Iraq's Basra Gas Company and flew them out of Iraq on Wednesday, two Basra Gas Company executives told Reuters....
May 21, 2020
UK says dealing with technical issues of track and trace app – minister
LONDON (Reuters) - Britain is dealing with technical issues of its track and trace app that it hopes will help it keep the novel coronavirus outbreak under control, but will use traditional tracking m...
May 21, 2020
JPMorgan plans to hire a dozen research analysts for China brokerage: sources
By Sumeet Chatterjee and Michelle Price HONG KONG/WASHINGTON (Reuters) - JPMorgan Chase & Co plans to hire at least 12 equity research analysts in China this year, two people with knowledge of the mat...
May 21, 2020
Generali first-quarter net profit down 85% after write-offs related to Covid-19 crisis
ROME (Reuters) - Italy's biggest insurer Assicurazioni Generali said on Thursday first quarter net profit fell 85% with respect to a year earlier after 655 million euros of impairments due to the impa...
May 21, 2020
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