[ad_1] NEW DELHI (Reuters) – India’s government had assured e-commerce companies that their operations would not be disrupted amid a nationwide lockdown to fight the coronavirus, but most are facing crippling disruptions after just three
Insurer Tryg defers dividend decision, confirms 2020 technical result
[ad_1] COPENHAGEN (Reuters) – Danish insurer Tryg on Friday confirmed its full-year forecast of a 3.3 billion Danish crowns ($488.27 million) technical result, but postponed its decision on dividends for 2020. “Based on the current
India’s electricity use falls to lowest in five months due to lockdown
[ad_1] CHENNAI/LUCKNOW (Reuters) – India’s electricity use fell to the lowest in nearly five months on the first day of a nationwide lockdown to prevent the spread of the coronavirus, government data showed, with monthly
Spectacles group EssilorLuxottica scraps financial guidance
[ad_1] FILE PHOTO: The Luxottica name is reflected in a pair of sunglasses in this photo illustration taken in Rome February 4, 2016. REUTERS/Alessandro Bianchi/File Photo PARIS (Reuters) – Spectacles company EssilorLuxottica abandoned its previous
Expert View: RBI slashes repo rate by 75 bps
[ad_1] BENGALURU (Reuters) – The Reserve Bank of India (RBI) slashed interest rates on Friday, following other central banks, in an emergency move to counter the economic fallout from a fast-spreading coronavirus. FILE PHOTO: A
RBI slashes repo rate by 75 bps
[ad_1] The Reserve Bank of India (RBI) Governor Shaktikanta Das arrives to attend a news conference after a monetary policy review in Mumbai, December 5, 2019. REUTERS/Francis Mascarenhas/Files MUMBAI (Reuters) – The Reserve Bank of
Bruised Indian economy to be battered further by coronavirus: Reuters poll
[ad_1] BENGALURU (Reuters) – India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the next six months due to the global coronavirus pandemic, a Reuters
Singapore Airlines obtains $13 billion rescue package amid coronavirus shock
[ad_1] SINGAPORE (Reuters) – State investor Temasek Holdings and others will inject as much as S$19 billion ($13.27 billion) of liquidity into Singapore Airlines (SIA) in the single biggest rescue for an airline slammed by
Oil sheds more than $1 as weakening demand outweighs stimulus hopes
[ad_1] NEW YORK (Reuters) – Oil prices dropped more than $1 a barrel on Thursday as a growing number of virus-related restrictions on travel slashed global fuel demand, overshadowing expectations that a $2 trillion U.S.
Planemaker Embraer posts fourth-quarter loss, suspends 2020 guidance due to coronavirus
[ad_1] FILE PHOTO: An Embraer ERJ-190AR airplane of Azul Brazilian Airlines prepares to land at Santos Dumont airport in Rio de Janeiro, Brazil March 21, 2019. Picture taken March 21, 2019. REUTERS/Sergio Moraes/File Photo (Reuters)