Author Archives: Syndicated Content
India’s TCS plans up to $2.2 billion buyback as legal costs hit profit
By Philip George BENGALURU (Reuters) - Tata Consultancy Services said on Wednesday it would buy back shares worth up to 160 billion rupees ($2.18 billion), and reported a fall in quarterly profit as i...
Oct 07, 2020
After months of confidence, Netherlands wakes up to Covid surge
By Bart H. Meijer AMSTERDAM (Reuters) - Until recently, the Netherlands was so comfortable with its test-and-trace plan for a second wave of coronavirus infections that it thought there was no need to...
Oct 07, 2020
ECB’s Weidmann see no reason to easy policy further: Boersen-Zeitung
FRANKFURT (Reuters) - There's no reason to ease the European Central Bank's policy further as the euro zone economy could beat the ECB's expectations on the back of large fiscal stimulus, ECB policyma...
Oct 07, 2020
Hedge funds make pandemic bet on insurance
By Maiya Keidan and Carolyn Cohn LONDON (Reuters) - Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocki...
Oct 07, 2020
Olympics: Tokyo organisers to save over $280 million with ‘simplification’ measures
By Jack Tarrant TOKYO (Reuters) - Organisers of the rearranged Tokyo Olympics announced on Wednesday that they will be introducing cost-cutting measures to save 30 billion yen ($283 million) as they p...
Oct 07, 2020
TikTok to become principal partner of esports team Tundra
(Reuters) - Chinese short-form video platform TikTok has continued its expansion into the esports industry by signing up as the new principal partner of London-based esports organisation Tundra. TikTo...
Oct 07, 2020
Virus shatters Latin America’s middle class dreams
By Adam Jourdan, Aislinn Laing, Maria Cervantes and Diego Or BUENOS AIRES/SANTIAGO/LIMA/MEXICO CITY (Reuters) - When the coronavirus hit Chile and abruptly cost Lorena Rodriguez her job, the 47-year-o...
Oct 07, 2020
White House says ‘not optimistic’ about comprehensive COVID-19 aid
WASHINGTON (Reuters) - White House chief of staff Mark Meadows on Wednesday said he was not optimistic that a comprehensive deal could be reached on further COVID-19 financial, aid but that the Trump ...
Oct 07, 2020
Germany finds one new African swine fever case in wild boar
HAMBURG (Reuters) - One more case of African swine fever (ASF) has been confirmed in a wild boar in the eastern German state of Brandenburg, Germany's federal agriculture ministry said on Wednesday. T...
Oct 07, 2020
Lowe’s to spend another $100 million in bonuses for hourly staff
(Reuters) - Lowe's Cos Inc said on Wednesday it would give its hourly staff an additional $100 million in discretionary bonuses, as the home improvement retailer prepares for the busy holiday season. ...
Oct 07, 2020
