Category Archives: Syndicated
General Mills beats estimates on virus-led stockpiling
(Reuters) - General Mills Inc posted better-than-expected quarterly results on Wednesday as shelter-in-home orders forced people to stock up on cereals and snacks. Sales at its North America retail se...
Jul 01, 2020
Philip Green’s UK Arcadia group to cut 500 head office jobs
LONDON (Reuters) - Philip Green's British fashion group Arcadia plans to cut 500 of its head office workforce of 2,500, it said on Wednesday, blaming the coronavirus crisis for the restructuring. "Due...
Jul 01, 2020
TuSimple starts self-driving truck network with UPS, Berkshire Hathaway’s McLane
By Nick Carey (Reuters) - U.S. technology company TuSimple on Wednesday launched a self-driving freight network with UPS and Berkshire Hathaway Inc supply chain unit McLane that it said should operate...
Jul 01, 2020
U.S. Commerce chief: Firms may rethink Hong Kong offices after China security law
WASHINGTON (Reuters) - Companies with headquarters in Hong Kong may now rethink having those offices as China begins cracking down on protesters under Beijing's sweeping new security law, the U.S. com...
Jul 01, 2020
World Bank to disburse $50 million loan to Georgia
TBILISI (Reuters) - The World Bank Group has approved a 45 million euro ($50.4 million) loan for Georgia to help the country mitigate the economic impact of the COVID-19 pandemic. The World Bank said ...
Jul 01, 2020
Iran says two Swedes arrested in crackdown on drugs trafficking network
DUBAI (Reuters) - Iran has arrested two Swedish nationals in crackdown on an international drugs trafficking network, the semi-official Tasnim news agency reported on Wednesday, adding that a large am...
Jul 01, 2020
Spain working with Airbus to keep jobs in wake of restructuring
MADRID (Reuters) - The Spanish government is working with Airbus to keep jobs in the country, Prime Minister Pedro Sanchez said on Wednesday, a day after the aerospace giant announced it would cut 15,...
Jul 01, 2020
India asks telcos, internet firms to block banned Chinese apps, ByteDance to hold talks
By Sankalp Phartiyal and Aditya Kalra NEW DELHI (Reuters) - India has ordered telecom companies and other internet providers to stop access to 59 banned Chinese-origin apps, according to notices seen ...
Jul 01, 2020
Canada Day party goes virtual amid COVID-19 restrictions
By Julie Gordon OTTAWA (Reuters) - No live fireworks, no star-studded concert on Parliament Hill, and no crowds of tourists: Canada's official birthday celebrations on Wednesday for the first time eve...
Jul 01, 2020
Strong bookings boost Ryanair’s hopes of return to normal
By Conor Humphries DUBLIN (Reuters) - Ryanair reported "very strong" bookings from holidaymakers as it relaunched its network with 1,000 flights on Wednesday, the start of a summer that Group Chief Ex...
Jul 01, 2020
