Author Archives: Syndicated Content
European stocks open higher after upbeat H&M, STMicro results
(Reuters) - European stocks rose on Thursday as Swedish retailer H&M and French-Italian chipmaker STMicroelectronics jumped after reporting forecast-beating results, while hopes of more U.S. stimulus ...
Oct 01, 2020
H&M profit tops forecast as recovery gathers strength
STOCKHOLM (Reuters) - H&M , the world's second-biggest fashion retailer, said on Thursday sales continued to recover in September as it reported a fiscal third-quarter profit that was slightly higher ...
Oct 01, 2020
De La Rue names Rob Harding as CFO
(Reuters) - Banknote printer De La Rue on Thursday named Rob Harding as its chief financial officer after appointing him as the interim CFO earlier this year. Harding, before joining De La Rue in Marc...
Oct 01, 2020
Police impose emergency law in Indian village as gang-rape victim’s cremation sparks clashes
By Saurabh Sharma and Alasdair Pal LUCKNOW, India (Reuters) - Indian police imposed emergency laws on Thursday in a village where a woman from the lowest rung of the country's caste system was alleged...
Oct 01, 2020
Hyundai’s U.S. sales rise 5% in September
(Reuters) - South Korean automaker Hyundai Motor Co said on Thursday its U.S. sales rose 5% in September, led by a quick recovery in demand for its high-profit SUVs. The automaker said sales in Septem...
Oct 01, 2020
Investors sour on baht, trim long bets on most emerging Asian currencies: Reuters poll
By Shashwat Awasthi (Reuters) - Investors turned bearish on the Thai baht for the first time in two months, highlighting concerns over the pace of recovery in Southeast Asia's second-largest economy t...
Oct 01, 2020
Tesla cuts starting price for China-made Model 3 cars by 8%
BEIJING (Reuters) - U.S. electric car maker Tesla cut the starting price of its Chinese-made Model 3 sedans on Thursday by about 8% to 249,900 yuan ($36,805), once Chinese subsidies for electric vehic...
Oct 01, 2020
UK seeks to avoid national lockdown to stop unemployment in millions, minister says
LONDON (Reuters) - British Prime Minister Boris Johnson's government is seeking to avoid a full national lockdown to prevent unemployment soaring into the millions, Environment Secretary George Eustic...
Oct 01, 2020
Rolls-Royce taps shareholders for 2 billion pounds, adds debt to survive crisis
LONDON (Reuters) - Britain's Rolls-Royce said it planned to raise 2 billion pounds ($2.6 billion) from shareholders, 1 billion pounds from the bond market and secure further loans to rebuild its balan...
Oct 01, 2020
Flight staff of Dutch airline KLM agree on wage cuts, trade union says
AMSTERDAM (Reuters) - KLM, the Dutch arm of Air France-KLM SA , has reached an agreement with its flight staff, excluding pilots, over cost cuts needed in return for state aid, trade union FNV said on...
Oct 01, 2020
