Author Archives: Syndicated Content
Australia central bank holds rates, but signals more easing soon
By Swati Pandey SYDNEY (Reuters) - Australia's central bank held its cash rate at a record low on Tuesday but hinted at further monetary easing as it looks to create jobs in the coronavirus-ravaged ec...
Oct 06, 2020
Co-Operative Bank CEO Andrew Bester resigns, succession search begins
LONDON (Reuters) - Andrew Bester, chief executive of the Co-Operative Bank , is stepping down after just over two years in charge, the British lender said on Tuesday. Chairman Bob Dench has begun the ...
Oct 06, 2020
Deutsche Bank CEO does not want to be junior partner in M&A: Bloomberg TV
FRANKFURT (Reuters) - Deutsche Bank's chief executive Christian Sewing does not want the German lender to play second fiddle in any potential tie-up with other lenders, he said in an interview with Bl...
Oct 06, 2020
UK’s Sunak says his priority is jobs, not tax rises
LONDON (Reuters) - Britain's finance minister Rishi Sunak said on Tuesday his priority was saving jobs when asked about the possibility of tax rises to pay for the soaring cost of the COVID-19 pandemi...
Oct 06, 2020
Kering sells 5.9% stake in Puma for $772 million
PARIS (Reuters) - French luxury group Kering said on Tuesday it had completed the sale of a 5.9% stake in Puma for approximately 656 million euros ($772 million). The company, which had announced its ...
Oct 06, 2020
Scotland to impose two-week mini lockdown from Friday: Sun newspaper
LONDON (Reuters) - Scotland is to impose a two-week mini lockdown from Friday, reported the Sun newspaper, citing reports from doctors. Sources at the National Health Service told the newspaper to exp...
Oct 06, 2020
Warner Bros delays ‘Dune’, ‘The Batman’ movies
(Reuters) - Warner Bros said late Monday it is delaying the release of "Dune" and "The Batman" movies, another setback for the entertainment industry hit by COVID-19 pandemic lockdowns and social dist...
Oct 06, 2020
Japan eyes stress test on major banks to gauge impact of COVID-19 on capital
By Leika Kihara TOKYO (Reuters) - Japan plan to conduct stress tests on its five major financial institutions this year that look into how the coronavirus pandemic could affect their earnings and capi...
Oct 06, 2020
Toyota-Panasonic venture to build lithium-ion batteries for hybrids in Japan
TOKYO (Reuters) - A Toyota Motor Corp and Panasonic Corp joint battery venture will establish a production line in Western Japan to manufacture lithium-ion power units for hybrid vehicles beginning in...
Oct 06, 2020
Santhera halts trial of DMD drug Puldysa, launches revamp
ZURICH (Reuters) - Santhera Pharmaceuticals has halted a late-stage clinical trial of Puldysa (idebenone) in patients with Duchenne muscular dystrophy (DMD) after data from an interim analysis conclud...
Oct 06, 2020
