FILE PHOTO: A silo bag is seen at a field of wheat on farmland near Azul, Argentina September 30, 2019. Picture taken September 30, 2019. REUTERS/Agustin Marcarian/File Photo April 2, 2020 By Maximilian Heath BUENOS AIRES (Reuters) – “Boys, from now on each one brings his own plate, knife and […]
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Top managers at French group Sodexo agree to pay cuts
FILE PHOTO: The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, November 30, 2018. REUTERS/Gonzalo Fuentes April 2, 2020 PARIS (Reuters) – Top managers at French food services and catering company Sodexo <EXHO.PA> have agreed to pay […]
Best of the worst: Some U.S. bond funds escape full trauma of energy meltdown
FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. REUTERS/Angus Mordant April 2, 2020 By Tim McLaughlin BOSTON (Reuters) – A handful of U.S. bond funds with heavy exposure to energy debt managed to beat their benchmark in March […]
Cruise operator Carnival pays high price to get credit investors on board
A person stretches at a park overlooking the Pacific Ocean and Carnival Panorama cruise ship as authorities encourage social distancing to prevent the spread of coronavirus disease (COVID-19) in Long Beach, California Sunday, March 29, 2020. REUTERS/Patrick T. Fallon April 2, 2020 By Joshua Franklin (Reuters) – Carnival Corp <CCL.N>, […]
Dollar holds gains as investors seek safety in liquidity
FILE PHOTO: One hundred dollar notes are seen in this photo illustration at a bank in Seoul, South Korea, January 9, 2013. REUTERS/Lee Jae-Won/Illustration/File Photo April 2, 2020 By Hideyuki Sano TOKYO (Reuters) – The dollar held gains on Thursday as investors rushed to the safety of the world’s most […]
Trump says China’s coronavirus numbers seem ‘on the light side’
U.S. President Donald Trump addresses the daily coronavirus response briefing in the Brady Press Briefing Room as seen through a window from outside the White House in Washington, U.S., April 1, 2020. REUTERS/Tom Brenner April 2, 2020 WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday the coronavirus statistics […]
SoftBank to abandon $3 billion deal for additional WeWork shares
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato April 2, 2020 (Reuters) – Japan’s SoftBank Group Corp <9984.T> will not complete a $3 billion tender offer for additional WeWork shares agreed last year with […]
British Airways could suspend 36,000 employees: BBC
British Airways planes are seen parked at Bournemouth Airport, as the spread of the coronavirus disease (COVID-19) continues, Bournemouth, Britain, April 1, 2020. REUTERS/Paul Childs April 2, 2020 (Reuters) – IAG-owned British Airways <ICAG.L> is expected to announce a suspension of about 36,000 of its employees, BBC News reported on […]
China’s ports brace for second hit as virus spread wipes out exports
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song/File Photo April 2, 2020 By Muyu Xu and Shivani Singh BEIJING (Reuters) – China’s ports and shipping firms are bracing for a second wave of supply chain disruptions that may be […]
U.S. crude oil futures up 4.8%, support at $20
FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019. REUTERS/Angus Mordant/File Photo April 1, 2020 By Sonali Paul MELBOURNE (Reuters) – U.S. crude oil futures opened 5% […]