Category Archives: Syndicated
Hit by sharp ad decline, India’s newspapers cut jobs and salaries
By Aditya Kalra NEW DELHI (Reuters) - India's vibrant newspaper industry that reaches tens of millions of readers daily has been ravaged by declining advertising revenues due to a nationwide lockdown ...
Apr 16, 2020
Morgan Stanley profit plunges 32% on COVID-19 impact
(Reuters) - Morgan Stanley posted a 32% fall in quarterly profit on Thursday as its advisory and wealth management businesses took a hit from the economic fallout of the COVID-19 pandemic. The bank sa...
Apr 16, 2020
Volkswagen withdraws 2020 outlook after renvenue drop 8% in first quarter
FRANKFURT (Reuters) - Volkswagen Group on Thursday said that it was withdrawing its outlook for 2020 amid uncertainty related to the coronavirus outbreak which caused a fall in demand and group revenu...
Apr 16, 2020
UK headed for historic slump as retail sales slide, firms close
By David Milliken and William Schomberg LONDON (Reuters) - Britain's economy looks set for a widely feared record contraction after figures showed retail spending plunged by more than a quarter and on...
Apr 16, 2020
Russia to spell out stance on U.N. truce plea in coming days: Kremlin
MOSCOW (Reuters) - Russia will spell out its stance on the United Nations' call for a global truce, so the world can focus on the coronavirus epidemic, in the coming days after consultations are compl...
Apr 16, 2020
Daimler/BMW’s ‘FREE NOW’ service to restructure, integrate French app Kapten
PARIS (Reuters) - The 'FREE NOW' taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French...
Apr 16, 2020
Malaysia to step up coronavirus tests with Korean antigen rapid kits
By Rozanna Latiff and Joseph Sipalan KUALA LUMPUR (Reuters) - Malaysia has approved the use of antigen rapid test kits from South Korea, as it looks to increase its coronavirus testing among high-risk...
Apr 16, 2020
Options markets send cautiously bullish signal on U.S. stock rally
By April Joyner NEW YORK (Reuters) - As Wall Street stocks pause for breath following a blistering three-week surge, signals from the options market are suggesting that some investors believe the gain...
Apr 16, 2020
Russia will accept ventilators from United States if needed: Kremlin
MOSCOW (Reuters) - Russia will accept an offer by U.S. President Donald Trump to ship ventilators to the country if its efforts to contain an outbreak of the novel coronavirus require them, Kremlin Sp...
Apr 16, 2020
Inspired by Mother Teresa, Kenyan safari operator feeds 24,000 families
By Katharine Houreld NAIROBI (Reuters) - Safari operator Pankaj Shah would normally be showing tourists around the beauty spots of his native Kenya. Instead, he is spearheading a volunteer effort to f...
Apr 16, 2020
