Author Archives: Syndicated Content
German economy to shrink by 5.2% this year, grow by 5.1% next year – Ifo
BERLIN (Reuters) - Germany's Ifo institute on Tuesday said Europe's largest economy would likely shrink by 5.2% this year, raising its previous estimate for a 6.7% drop, in the latest sign the damage ...
Sep 22, 2020
UK banks must do more to fight dirty money, says BoE’s Woods
LONDON (Reuters) - Britain's banks need to do more to fight dirty money or risk facing more severe fines, Bank of England Deputy Governor Sam Woods said on Tuesday. "If the banks get this wrong, then ...
Sep 22, 2020
BoE’s Bailey says worsening COVID trend reinforces downside risks
LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Tuesday that escalating COVID-19 cases in Britain reinforced the downside risks in its latest forecasts for the economy. He told a Bri...
Sep 22, 2020
EU drugs regulator in contact with 38 makers of potential COVID-19 vaccines
BRUSSELS (Reuters) - The European Medicines Agency has been in contact since the beginning of September with 38 makers of potential COVID-19 vaccines, an official at the EU drugs regulator said on Tue...
Sep 22, 2020
Permira buys German specialty pharma group Neuraxpharm
FRANKFURT (Reuters) - Buyout group Permira has agreed to buy German pharma group Neuraxpharm as it seeks to benefit from an expected surge in demand for the company's antidepressants, painkillers and ...
Sep 22, 2020
Chinese state-backed firm expects coronavirus vaccine approval for public use within months
BEIJING (Reuters) - State-backed vaccine maker China National Biotec Group (CNBG) is hopeful of two of its novel coronavirus vaccine candidates receiving conditional regulatory approval for general pu...
Sep 22, 2020
TikTok says removed over 104 million videos in first-half for violating guidelines
(Reuters) - ByteDance-owned video-streaming app TikTok said on Tuesday it removed over 104 million videos from its platform globally in the first half of the year for violating guidelines or terms of ...
Sep 22, 2020
In Tel Aviv COVID-19 ward, warnings of dwindling hospital capacity
By Ronen Zvulun TEL AVIV (Reuters) - Inside a fast-filling coronavirus ward in a Tel Aviv hospital, doctors rush to treat critical-care patients amid a surge in new cases that has forced Israel into a...
Sep 22, 2020
Singapore central bank ‘closely studying’ reports on suspicious bank transfers
SINGAPORE (Reuters) - The Monetary Authority of Singapore (MAS) said on Tuesday that it was 'closely studying' media reports that Singapore banks had informed U.S. regulators of suspicious transaction...
Sep 22, 2020
Russia’s new coronavirus cases at highest since July 18
MOSCOW (Reuters) - Russia on Tuesday reported 6,215 new coronavirus cases, the most recorded over 24 hours since July 18, pushing its national tally to 1,115,810, the fourth largest in the world. Auth...
Sep 22, 2020
