Author Archives: Syndicated Content
EU okays 44 billion euro Italian recapitalisation scheme for virus-hit companies
BRUSSELS (Reuters) - EU competition regulators on Thursday gave the green light to a 44-billion-euro ($51.9 billion) Italian recapitalisation scheme for virus-hit large companies, saying this would su...
Sep 17, 2020
Euro zone August price fall confirmed, core inflation slows
BRUSSELS (Reuters) - Euro zone consumer prices fell in August, the EU's statistics office confirmed on Thursday, pulled down by a drop in energy prices, but core inflation that excludes such volatile ...
Sep 17, 2020
Exclusive: Suspected arms dealers moved millions in Somali money transfers, report says
By Katharine Houreld NAIROBI (Reuters) - Somali money transfer companies moved more than $3.7 million in cash between suspected weapons traffickers in recent years, including to a Yemeni under U.S. sa...
Sep 17, 2020
Alibaba Health, Sinovac in deal to build platform for coronavirus vaccine inoculation
BEIJING/HONG KONG (Reuters) - Alibaba Health Information Technology said on Thursday it has signed a strategic cooperation agreement with Chinese coronavirus vaccine developer Sinovac Biotech. The two...
Sep 17, 2020
Kioxia says U.S. restrictions on Huawei could cause memory chip oversupply, price downturn
TOKYO (Reuters) - Kioxia Holdings Corp, the world's second-largest maker of flash memory chips, warned on Thursday that tighter U.S. restrictions on Huawei Technologies Co Ltd [HWT.UL] could cause mem...
Sep 17, 2020
Chinese basketball league approves salary cap: Xinhua
(Reuters) - The Chinese Basketball Association (CBA) will introduce a salary cap for the 2020-21 season to help limit spending and ensure a more balanced and sustainable league, state news agency Xinh...
Sep 17, 2020
Global economic recovery may take five years, World Bank chief economist says
MADRID (Reuters) - The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank's chief economist Carmen Reinhart said on Thursday...
Sep 17, 2020
EU’s Barnier still hopes trade deal with Britain possible: sources
BRUSSELS (Reuters) - The European Union's Brexit negotiator told the bloc's 27 national envoys to Brussels that he still hoped a trade deal with Britain was possible, stressing that the coming days wo...
Sep 17, 2020
UK workers slowly move off furlough programme: statistics office
LONDON (Reuters) - Ten percent of Britain's workforce remained on furlough between Aug. 24 and Sept. 6, edging down from 11% in the previous two-week period, according to a survey published by the cou...
Sep 17, 2020
EU executive recommends green energy, transport, digital investment for recovery
BRUSSELS (Reuters) - The European Commission recommended on Thursday that EU governments spend money from the 750 billion euro EU recovery package to boost the economy after the COVID-19 pandemic on g...
Sep 17, 2020
