Author Archives: Syndicated Content
Rolls-Royce furloughs over 4,000 staff in UK amid pandemic
(Reuters) - British aero-engine maker Rolls-Royce said on Thursday it placed over 4,000 staff on furlough in the UK as it combats the impact of the COVID-19 pandemic on its business. (Reporting by Yad...
May 07, 2020
BT pulls dividend until 2021/22
LONDON (Reuters) - Britain's biggest telecoms group BT has suspended its dividend until 2021/22 and pulled its financial outlook in response to the COVID-19 pandemic. "Of course, Covid-19 is affecting...
May 07, 2020
Norwegian Air’s April passenger count drops 99% year-on-year
OSLO (Reuters) - Norwegian Air's passenger volume fell by 98.7% in April from a year ago as most of its fleet was grounded amid travel restrictions caused by the novel coronavirus pandemic, the budget...
May 07, 2020
Coronavirus sinks German industry output to record low in March
BERLIN (Reuters) - German industry output plunged 9.2% in March to its lowest level since records began in 1991, data showed on Thursday, as the coronavirus pandemic slashed demand for goods from Euro...
May 07, 2020
Russian services sector activity dives to record low in April: PMI
MOSCOW (Reuters) - Russian services sector activity dived to a record low in April as emergency restrictions to limit the impact of the coronavirus pandemic closed businesses and caused demand to plum...
May 07, 2020
From zero to hero: physical oil rally might be short-lived
By Julia Payne and Olga Yagova LONDON/MOSCOW (Reuters) - From Kazakhstan to the North Sea and the United States, physical crude has jumped in value in recent days but the rally will likely be tactical...
May 07, 2020
LG Chem says India factory gas leak under control, investigating cause
SEOUL (Reuters) - South Korea's LG Chem said a gas leak at its plant in southern India had been brought under control, after an incident on Thursday that police estimate killed at least nine people an...
May 07, 2020
Spain’s Telefonica to merge British unit O2 with Virgin Media
(Reuters) - Liberty Global has agreed to merge its Virgin Media cable company with the O2 mobile business owned by Spain's Telefonica to create a major new force in the British telecoms market. The co...
May 07, 2020
Fair company MCH scraps Baselworld watch exhibition in 2021
ZURICH (Reuters) - MCH Group has canceled its Baselworld watch exhibition in 2021, the trade exhibition company said on Thursday, a further blow for the event that was once one of the watch industry's...
May 07, 2020
Factbox: Latest on the worldwide spread of the new coronavirus
(Reuters) - More than 3.76 million people have been reported to be infected by the novel coronavirus globally and 262,458 have died, according to a Reuters tally as of 0503 GMT on Thursday. DEATHS AND...
May 07, 2020
