Author Archives: Syndicated Content
Thai cabinet approves $1.6 billion cash handouts to boost spending
BANGKOK (Reuters) - Thailand's cabinet on Tuesday approved cash handouts worth 51 billion baht ($1.6 billion) in a bid to boost domestic consumption and help an economy suffering from the impacts of t...
Sep 22, 2020
Premier Inn owner Whitbread may cut nearly 6,000 jobs
(Reuters) - Premier Inn-owner Whitbread said on Tuesday it could cut up to 6,000 jobs in its hotel and restaurant business as it expects demand to remain at lower levels in the short to medium term. T...
Sep 22, 2020
UK watchdog proposes ban on car, home insurance ‘loyalty penalties’
LONDON (Reuters) - Britain's Financial Conduct Authority said on Tuesday it was proposing to stop insurers from charging more to repeat car and home insurance customers than to new clients. When a cus...
Sep 22, 2020
Beazley sees COVID-19 insurance claims doubling to $340 mln
LONDON (Reuters) - Specialist insurer Beazley is bracing for claims linked to the novel coronavirus pandemic to double to $340 million, with almost all the estimated increase arising from events cance...
Sep 22, 2020
Airbus CEO: we can’t guarantee no compulsory layoffs
PARIS (Reuters) - European planemaker Airbus will do its best to cut costs without resorting to compulsory redundancies, but it cannot guarantee they won't happen, CEO Guillaume Faury told French radi...
Sep 22, 2020
National Australia Bank sees ‘significant risk’ of monetary easing next month
By Swati Pandey SYDNEY (Reuters) - Economists at National Australia Bank said on Tuesday they see a "significant risk" of a cut to the central bank's cash rate and three-year bond yield target to 10 b...
Sep 22, 2020
UK says people should work from home if they can as COVID-19 spreads
LONDON (Reuters) - British Prime Minister Boris Johnson will on Tuesday advise that people should work from home if they can as part of a package of measures aimed at halting the swiftly accelerating ...
Sep 22, 2020
HK leader says cannot demand rights protection for 12 arrested by China
By Jessie Pang and Donny Kwok HONG KONG (Reuters) - Hong Kong has no legal basis to demand that any particular rights be extended to 12 Hong Kong people detained in China as they tried to flee by boat...
Sep 22, 2020
China amends customs supervision on crude oil imports to improve efficiency
SINGAPORE (Reuters) - Chinese customs said on Tuesday it will amend the way it supervises crude oil imports as part of a broader effort to boost efficiency, allowing cargoes to clear customs before qu...
Sep 22, 2020
India’s new coronavirus infections at lowest in almost a month
By Alasdair Pal NEW DELHI (Reuters) - India reported 75,083 new cases of the novel coronavirus in the last 24 hours, according to federal health data released on Tuesday, the lowest daily tally in alm...
Sep 22, 2020
