Category Archives: Syndicated
Uber approaches GrubHub with takeover offer: Bloomberg News
(Reuters) - Uber Technologies Inc has made an offer to buy online food delivery company GrubHub Inc , Bloomberg News reported on Tuesday. The two companies are currently in talks about a deal and coul...
May 12, 2020
Exclusive: OPEC+ wants to maintain oil output cuts beyond June – sources
By Rania El Gamal, Ahmad Ghaddar and Alex Lawler DUBAI/LONDON/MOSCOW (Reuters) - OPEC and its allies want to maintain existing oil cuts beyond June when the OPEC+ group is next due to meet to shore up...
May 12, 2020
Electric car sales in Europe jump, but still just 4% of market
By Edward Taylor FRANKFURT (Reuters) - Registrations of electric cars in Europe jumped 57.4% in the first quarter of 2020, but still only accounted for 4.3% of total registrations, auto industry data ...
May 12, 2020
Barkin: ‘Little bit of money’ from new facilities could keep corporate markets settled
WASHINGTON (Reuters) - The theory behind the Fed's new corporate credit facilities is that a relatively small investment would keep private trading on track after it began to falter in late March, Ric...
May 12, 2020
Luckin Coffee sacks CEO, COO following accounting probe
(Reuters) - Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company said https://b...
May 12, 2020
Orthodox pilgrims in Montenegro visit tomb despite coronavirus scare
By Stevo Vasiljevic OSTROG, Montenegro (Reuters) - Hundreds of Serbian Orthodox pilgrims used hand sanitiser and wore face masks as they entered the Ostrog Monastery on Tuesday, although some flouted ...
May 12, 2020
McConnell says he is spearheading broad coronavirus liability bill
WASHINGTON (Reuters) - U.S. Senate Majority Leader Mitch McConnell said on Tuesday that he is helping to spearhead a broad legislative package that would provide protection against coronavirus-related...
May 12, 2020
Boeing sees zero orders again in April, MAX cancellations mount
By David Shepardson and Ankit Ajmera (Reuters) - Boeing Co recorded zero orders for the second time this year in April and customers canceled another 108 orders for its grounded 737 MAX plane compound...
May 12, 2020
Motor racing: Leclerc’s rise meant the writing was on the wall for Vettel
By Alan Baldwin LONDON (Reuters) - The writing has been on the wall for Sebastian Vettel since September 2018 when Ferrari announced Charles Leclerc as his Formula One team mate. The German, who will ...
May 12, 2020
Saudi Aramco debt to climb as world’s largest dividend weighs
By Ron Bousso LONDON (Reuters) - Saudi Aramco's debt is expected breach target levels as an oil price collapse triggered by the coronavirus forces it to borrow to meet the world's largest dividend ple...
May 12, 2020
