[ad_1] (Reuters) – Royal Mail Chief Executive Rico Back stood down on Friday after two years in charge marked by battles with unions over a proposed 1.8 billion pound ($2.2 billion) restructuring plan for the
Trump says doesn’t want to talk to Xi, could even cut China ties
[ad_1] WASHINGTON (Reuters) – U.S. President Donald Trump signaled a further deterioration of his relationship with China over the coronavirus outbreak, saying he has no interest in speaking to President Xi Jinping right now and
London transport operator secures $2 billion emergency government funding
[ad_1] LONDON (Reuters) – London’s transport operator, which has seen passenger numbers collapse due to coronavirus, said it had secured 1.6 billion pounds ($2 billion) in government funding for cover a shortfall in revenue until
Cathay Pacific loses money, flags ‘very bleak’ outlook
[ad_1] Workers service a Cathay Pacific flight at Hong Kong International Airport, China September 3, 2019. REUTERS/Amr Abdallah Dalsh/File Photo SYDNEY (Reuters) – Cathay Pacific Airways Ltd said on Friday it made an unaudited loss
India’s GSPC seeks LNG cargoes first time since start of lockdown
[ad_1] SINGAPORE (Reuters) – India’s Gujarat State Petroleum Corp (GSPC) is seeking liquefied natural gas (LNG) for the first time since March, when it issued force majeure notices to its suppliers, as the South Asian
Sensex, Nifty subdued as economic package fails to enthuse
[ad_1] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas/File Photo BENGALURU (Reuters) – Indian shares ticked lower on Friday, led by
China’s factory output posts first increase for 2020 but consumption still weak
[ad_1] BEIJING (Reuters) – China’s industrial output rose 3.9% in April from a year earlier, data showed on Friday, expanding for the first time this year as the world’s second-largest economy slowly emerged from its
Want a fast recovery? Invest in tests, Fed’s Kaplan says
[ad_1] (Reuters) – Even with tens of millions of jobs lost and a historic decline in output projected this quarter, the U.S. economy could still pull off a relatively quick recovery, Dallas Federal Reserve President
India’s farmers gather record wheat crop, but cannot move it
[ad_1] GHARAUNDA, India (Reuters) – Late last month, Sukrampal had to beg and borrow farmhands from nearby villages to gather his part of the country’s largest-ever wheat harvest in Haryana state near New Delhi. FILE
Equities edge higher, bonds rise on hopes of stimulus
[ad_1] NEW YORK (Reuters) – Global equity benchmarks gained late on Thursday, with safe-haven bonds also rising as investors shrugged off disappointing U.S. jobs data and took comfort in the possibility of states re-opening after