Category Archives: Syndicated
Lebanese banks raise USD withdrawal rate to 3,850 pounds/dollar
BEIRUT (Reuters) - Lebanese banks raised the exchange rate to 3,850 pounds per dollar for withdrawals from U.S. dollar accounts, bankers said on Monday, as a liquidity crunch erodes the currency's val...
Jun 29, 2020
Bankrupt Chesapeake plans to cut drilling further this year
(Reuters) - Bankrupt Chesapeake Energy on Monday laid out its long-term plan and said it would operate just around half the number of active rigs through the second half of the year than it did in the...
Jun 29, 2020
Amazon to pay $500 million in one-time bonuses to front-line workers
(Reuters) - Amazon.com Inc said on Monday it would spend $500 million on one-time bonuses to its front-line employees and partners working through the coronavirus crisis. Employees and partners who ha...
Jun 29, 2020
U.S. Supreme Court upholds curb on overseas AIDS funding
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Monday ruled that a 2003 law does not violate constitutional free speech rights by requiring overseas affiliates of American-based n...
Jun 29, 2020
U.S. Supreme Court rejects Macau billionaire’s bribery appeal
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday declined to take up billionaire Macau real estate developer Ng Lap Seng's appeal of his conviction and four-year prison sentence for bribing two...
Jun 29, 2020
Germany extends lockdown in district hit by COVID-19 in abattoir
BERLIN (Reuters) - The western German state of North Rhine-Westphalia (NRW) said on Monday that as a precaution it would extend by one week a lockdown in one of two districts affected by an outbreak o...
Jun 29, 2020
‘On our knees’: Kenya’s tourism revenue collapses
By George Obulutsa NAIROBI (Reuters) - Kenya has lost 80 billion shillings ($752 million) so far in tourism revenue, about half of last year's total, due to the coronavirus crisis, its tourism ministe...
Jun 29, 2020
Riksbank seen holding benchmark rate, QE extension possible soon
STOCKHOLM (Reuters) - Sweden's central bank will keep its benchmark rate unchanged, but could expand its balance sheet again at this week's meeting amid uncertainty about how quickly the economy will ...
Jun 29, 2020
U.S. pending home sales jump a record 44.3% in May
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes rebounded by the most on record in May, suggesting the housing market was starting to turn around after being hammered by the COVID-...
Jun 29, 2020
U.S. Supreme Court clears way for resumption of federal executions
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Monday paved the way for President Donald Trump's administration to carry out the first federal executions since 2003, turning away ...
Jun 29, 2020
