Category Archives: Syndicated
Macy’s warns of up to $1 billion quarterly loss due to lockdowns
(Reuters) - Macy's Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the retailer was forced to shut stores due to COVID-19 lockdowns. The health c...
May 21, 2020
PM Johnson will not face criminal probe over links to U.S. businesswoman
LONDON (Reuters) - British Prime Minister Boris Johnson will not face criminal action following allegations of misconduct over his relationship with a U.S tech entrepreneur, the police watchdog said o...
May 21, 2020
Exclusive: Etihad bondholders put airline on notice with debt revamp – sources
By Davide Barbuscia DUBAI (Reuters) - Owners of $1.2 billion in debt issued by Etihad and other airlines it partly owned have given the struggling Abu Dhabi carrier an ultimatum to agree to a restruct...
May 21, 2020
Bank of Israel to hold key interest rate after April cut: Reuters poll
By Steven Scheer JERUSALEM (Reuters) - The Bank of Israel is expected to leave short-term interest rates unchanged next week after a reduction last month aimed at helping the economy recover from the ...
May 21, 2020
Best Buy quarterly same-store sales fall over 5%
(Reuters) - Best Buy Co Inc reported a 5.3% fall in quarterly same-store sales on Thursday, as the electronics retailer had to close stores due to the COVID-19 pandemic. Best Buy's revenue fell to $8....
May 21, 2020
U.S. leveraged loan defaults at six-year high as coronavirus hits businesses
By Patturaja Murugaboopathy (Reuters) - The monthly tally of defaults in the U.S. leveraged loan market has hit a six-year high, data from Fitch Ratings showed, as companies are either missing payment...
May 21, 2020
Indiana mattress business adapts to lure customers back
By Timothy Aeppel (Reuters) - Lauren Taylor is figuring out what's required to run a mattress store in the age of a deadly pandemic. As of May 4, when Indiana Governor Eric Holcomb allowed more parts ...
May 21, 2020
Trump to visit Ford plant in battleground state Michigan amid tensions with governor
By Jeff Mason WASHINGTON (Reuters) - U.S. President Donald Trump travels to the political swing state of Michigan on Thursday to visit a Ford plant amid tension with the state's Democratic governor an...
May 21, 2020
Holy cow! Despite closed borders, Argentina to fly in rabbis to certify kosher meat
By Maximilian Heath and Juan Bustamante BUENOS AIRES (Reuters) - Argentina, which has enforced one of the world's toughest travel bans against the coronavirus, plans to help charter a private flight t...
May 21, 2020
Visually impaired Nigerians struggle to navigate coronavirus challenges
By Angela Ukomadu and Abraham Achirga LAGOS (Reuters) - Lawal Adebimpe knows she must remain a safe distance from people to help prevent the spread of the novel coronavirus in Nigeria. But her blindne...
May 21, 2020
