[ad_1] (Reuters) – Asian companies are at a higher risk of default in the coming quarters than last year, a Reuters analysis of their credit ratios showed, as the coronavirus pandemic has squeezed revenue and
Europe’s Detroit? Pandemic bursts Toulouse aerospace bubble
[ad_1] TOULOUSE (Reuters) – Barely three months ago, Serge Dumas had one problem: how to keep up with record demand for the metal fasteners and bolts his small aerospace supply firm manufactures just north of
Gold steadies as surprise U.S. jobs rebound dents demand
[ad_1] (Reuters) – Gold inched up on Monday although safe-haven demand remained subdued, after prices fell to a more than one-month low in the last session as an unexpected jump in U.S. employment boosted hopes
Stumbling angel? Mexico risks losing investment grade credit rating
[ad_1] MEXICO CITY (Reuters) – Mexico is facing its deepest recession in decades and prominent investors believe it could soon follow state oil company Pemex in seeing its credit rating relegated to “junk” territory as
Japan’s economy minister warns against deepening negative rates
[ad_1] TOKYO (Reuters) – Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central bank should avoid pushing interest
‘Survive, Revive, Thrive’: Air New Zealand’s 800-day runway to healthy profits
[ad_1] An Air New Zealand Boeing 777-300ER plane taxis after landing at Kingsford Smith International Airport in Sydney, Australia, February 22, 2018. REUTERS/Daniel Munoz/Files (Reuters) – Air New Zealand (AIR.NZ) will be nimbler, fly fewer
Saudi Arabia raises July crude prices after OPEC+ extends cuts
[ad_1] DUBAI (Reuters) – Saudi Arabia has raised the selling prices for its crude grades to all destinations for July, a day after OPEC, led by Riyadh, and its allies agreed to extend record oil
Unions at ArcelorMittal’s Ilva plant call strike over job plans
[ad_1] MILAN (Reuters) – Unions representing workers at the Ilva steel plant in southern Italy called a strike for Tuesday to protest at reported plans by ArcelorMittal for thousands of job cuts at the struggling
Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit
[ad_1] FILE PHOTO: A woman checks her mobile phone as she walks past a mobile store of Reliance Industries’ Jio telecoms unit, in Mumbai, July 11, 2017. REUTERS/Shailesh Andrade/File Photo NEW DELHI (Reuters) – Indian
Lufthansa CEO promises Germans a ‘homecoming guarantee’
[ad_1] FILE PHOTO: The first Lufthansa flight to Greece after a nationwide coronavirus lockdown is seen upon arrival at the Eleftherios Venizelos International Airport in Athens, Greece, May 18, 2020. REUTERS/Alkis Konstantinidis/File Photo BERLIN (Reuters)