Author Archives: Syndicated Content
European shares rise on airline surge, upbeat earnings
(Reuters) - European shares rose on Monday, as airline stocks soared on hopes of state support, while a slew of upbeat earnings added to optimism over signs many countries would soon ease tough lockdo...
Apr 27, 2020
Britain making good progress with antibody tests, junior minister says
LONDON (Reuters) - Britain is continuing to test whether antibody tests can be used in the fight against the novel coronavirus and is hopeful they will work, junior health minister Edward Argar said o...
Apr 27, 2020
Novacyt signs coronavirus test supply contract with UK government
PARIS (Reuters) - Healthcare and clinical diagnostics company Novacyt has signed a supply contract with the UK's Department of Health & Social Care (DHSC) for its product aimed at testing for the pres...
Apr 27, 2020
NMC Health to delist from London Stock Exchange
(Reuters) - Troubled hospital operator NMC Health on Monday said it requested London Stock Exchange to delist its shares after they remained suspended for two months. The UAE-based company was placed ...
Apr 27, 2020
Japan’s MUFG expects deep recession across GCC countries
DUBAI (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) expects countries in the six-nation Gulf Cooperation Council (GCC) to be in deep recession this year with overall real GDP down to -...
Apr 27, 2020
Singapore confirms 799 new coronavirus cases
SINGAPORE (Reuters) - Singapore has confirmed 799 more coronavirus infections, its health ministry said on Monday, taking the city-state's tally of cases to 14,423. Most of the new cases are among mig...
Apr 27, 2020
UAE against unilateral changes to situation in Yemen: official
DUBAI (Reuters) - The United Arab Emirates stands against a decision by a main Yemeni southern separatist group to declare self-rule in areas it controls, and urges full implementation of a peace deal...
Apr 27, 2020
German companies call for COVID-19 aid to be tied to climate action
FRANKFURT (Reuters) - German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to ...
Apr 27, 2020
Holiday Inn-owner reorders debt as first-quarter revenue per room sinks 25%
(Reuters) - Holiday Inn-owner InterContinental Hotels said on Monday it had agreed changes to the terms of its borrowing with creditors and made use of UK government supported loans as it predicted a ...
Apr 27, 2020
Norwegian Air’s debt plan sharply dilutes stake of current owners
OSLO (Reuters) - Norwegian Air's proposed financial rescue plan could leave current shareholders with a combined ownership stake of just 5.2%, details of its proposed debt-to-equity swap showed on Mon...
Apr 27, 2020
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