Author Archives: Syndicated Content
U.S. small-business rescue loan program enters fourth day plagued by technical problems
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) - The U.S. government's $349 billion small-business rescue program entered its fourth day on Monday, plagued by ongoing technology and process...
Apr 06, 2020
Deutsche Bank sees UK GDP shrinking 6.5% in 2020; warns of downside risk
(Reuters) - Deutsche Bank said on Monday it expected Britain's economy to shrink 6.5% in 2020 in what it suggested could be the biggest recession for a century. The bank said the economy had likely co...
Apr 06, 2020
Alaska air carrier RavnAir files for bankruptcy as U.S. Treasury mulls grants
By David Shepardson WASHINGTON (Reuters) - RavnAir Group, the largest regional carrier in Alaska, filed for bankruptcy Sunday and grounded all of its 72 planes as it waits on a decision from U.S. Trea...
Apr 06, 2020
Iran supreme leader approves tapping sovereign wealth fund to fight coronavirus
(Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei has approved the withdrawal of one billion euros from the country's sovereign wealth fund to help fight the coronavirus epidemic, President Has...
Apr 06, 2020
Singapore reports 66 new coronavirus cases, total 1,375
SINGAPORE (Reuters) - Singapore's health ministry on Monday confirmed 66 more coronavirus cases, bringing the total number of cases in the city-state to 1,375. Only one was an imported case while the ...
Apr 06, 2020
Brazil-China diplomatic spat escalates over coronavirus supplies
By Eduardo Simes SAO PAULO (Reuters) - Renewed attacks on China by a member of Brazilian President Jair Bolsonaro's inner circle soured diplomatic relations again on Monday as the education minister a...
Apr 06, 2020
Michael Kors owner Capri furloughs all North America store staff
(Reuters) - Michael Kors owner Capri Holdings Ltd said on Monday it would furlough all its 7,000 employees in North America amid the coronavirus pandemic, as it expects to open its stores only after J...
Apr 06, 2020
Your Money: Freelancers have ‘perfect storm’ of anxiety because of COVID-19
By Chris Taylor NEW YORK(Reuters) - The crisis posed by COVID-19 is worrisome enough for full-time employees. Imagine life as a freelancer. Your income can vary wildly from month to month and is likel...
Apr 06, 2020
U.S. Open postponed due to coronavirus
x (Reuters) - The U.S. Open golf championship, which had been set for June 18-21 at Winged Foot in New York, has been rescheduled due to the novel coronavirus outbreak, the U.S. Golf Association annou...
Apr 06, 2020
With small businesses suffering, Putin faces criticism over shutdown
By Tom Balmforth and Anton Zverev MOSCOW (Reuters) - Left with no income because of the coronavirus lockdown, Dmitry Volodin, the co-owner of several bars in Moscow, says he's getting inadequate gover...
Apr 06, 2020
