Category Archives: Syndicated
Emerging economies burn through $240 billion in reserves, drain seen continuing: Bank of America
LONDON (Reuters) - Leading emerging countries have burned through $240 billion in foreign exchange reserves over the past two months, Bank of America said on Monday, as central banks look to prop up t...
May 11, 2020
UK plots exit from lockdown but cautions COVID-19 is here to stay
LONDON (Reuters) - Prime Minister Boris Johnson published his plan for exiting the coronavirus lockdown on Monday, allowing some people back to work but cautioning that all should wear face coverings ...
May 11, 2020
Argentina extends $65 billion debt deadline as default risks rise
By Adam Jourdan BUENOS AIRES (Reuters) - Argentina will extend negotiations over a $65 billion debt restructuring proposal until May 22, the government said in the official gazette on Monday, setting ...
May 11, 2020
Qatar Airways sees slow recovery in travel from pandemic
DUBAI (Reuters) - Global travel demand will take years to recover from the coronavirus pandemic and many business travellers may never return to the skies, the head of Qatar Airways said on Monday. Th...
May 11, 2020
Thailand tourist arrivals may fall by 65% in 2020 due to virus outbreak
By Panarat Thepgumpanat BANGKOK (Reuters) - The number of foreign tourists in Thailand may plunge by almost two-thirds to 14 million this year, the lowest level in 14 years, as the coronavirus pandemi...
May 11, 2020
Commerzbank, in u-turn, opts to hold on to mBank after all
FRANKFURT (Reuters) - In an expected u-turn, German lender Commerzbank said on Monday that it would not sell its Polish subsidiary mBank , citing poor market conditions. The planned sale, a cornerston...
May 11, 2020
Excited children, anxious parents – Swiss go back to school
By Cecile Mantovani and Denis Balibouse GENEVA (Reuters) - Thousands of Swiss children returned to school on Monday, many excited to be reunited with their classmates after a nearly two-month break du...
May 11, 2020
Coronavirus cases in Gulf Arab region surpass 100,000
DUBAI (Reuters) - The number of coronavirus cases in the six Gulf Arab states surpassed 100,000 on Monday, with 557 deaths, according to Reuters calculations based on official figures. Coronavirus inf...
May 11, 2020
Germany surge sounds coronavirus alarm as world takes steps to reopen
By Douglas Busvine and Michel Rose BERLIN/PARIS (Reuters) - Germany reported on Monday that new coronavirus infections were accelerating exponentially after early steps to ease its lockdown, news that...
May 11, 2020
Coronavirus pushes UK car supplier Arlington to appoint administrators
LONDON (Reuters) - The British division of global automotive supplier Arlington is making redundancies as the coronavirus outbreak forces it to appoint administrators to restructure the firm, in a sig...
May 11, 2020
