Author Archives: Syndicated Content
IMF pushes for changes governing debt restructurings
By David Lawder WASHINGTON (Reuters) - International Monetary Fund officials on Thursday warned that risks of a sovereign debt crisis sparked by the coronavirus pandemic will rise without changes to t...
Oct 01, 2020
China domestic travel gets holiday boost, fewer travelling this year
By Yew Lun Tian and Muyu Xu BEIJING (Reuters) - China estimated that 13 million railway passenger trips were made on Thursday at the start of the Golden Week holiday, the highest for a single day sinc...
Oct 01, 2020
Kuwaitis await new crown prince as Arab leaders mourn late emir
By Ahmed Hagagy KUWAIT (Reuters) - Arab leaders headed to Kuwait on Thursday to offer condolences for the death of its ruler Sheikh Sabah al-Ahmad, who worked to unify a polarised region, as Kuwaitis ...
Oct 01, 2020
Hair loss treatment vendor Hims agrees deal to go public
(Reuters) - Online prescription drug company Hims Inc said on Thursday it had agreed to go public by merging with Oaktree Acquisition Corp in a deal that values the start-up at $1.6 billion. It is the...
Oct 01, 2020
KKR’s Viridor to start sale of recycling unit: sources
By Clara Denina and Arno Schuetze LONDON/FRANKFURT (Reuters) - Viridor, the British waste management business owned by U.S. private equity firm KKR, has hired investment bank UBS to sell its waste and...
Oct 01, 2020
Ford’s new CEO Farley promises urgency at automaker, shakes up management
By Ben Klayman DETROIT (Reuters) - Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the...
Oct 01, 2020
Red Bull Racing spent 237.3 million pounds in 2019
By Alan Baldwin LONDON (Reuters) - Red Bull Racing spent 237.3 million pounds ($304.84 million) in finishing third in Formula One last season and recognised 'adaptions' would be needed to meet a $145 ...
Oct 01, 2020
U.S. planned job cuts increase in September: report
WASHINGTON (Reuters) - U.S. employers announced another 118,804 job cuts in September, with bars, restaurants, hotels and amusement parks leading the pack amid sluggish demand several months after the...
Oct 01, 2020
Denmark gives Nord Stream 2 nod to operate pipeline
COPENHAGEN (Reuters) - Denmark has given the Russia-led Nord Stream 2 consortium permission to operate its Baltic Sea natural gas pipeline in Danish waters, the country's energy agency said on Thursda...
Oct 01, 2020
Business not responsible for COVID-19 infection rise: German minister
BERLIN (Reuters) - German Economy Minister Peter Altmaier said the government will do everything it can to prevent renewed closures of shops, businesses and factories amid the coronavirus pandemic. Ri...
Oct 01, 2020
