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Maersk to cut jobs in major reorganisation, internal email says
COPENHAGEN (Reuters) - Shipping group Maersk will cut job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows. Maersk, which handles about one in five containers s...
Syndicated Content Sep 01, 2020
Moscow unveils coronavirus tracking app as national lockdown widens
MOSCOW (Reuters) - Authorities in Moscow unveiled a smartphone app designed to keep tabs on people who have been ordered to stay at home because of the coronavirus and Russia on Wednesday expanded its...
Syndicated Content Apr 01, 2020
Exclusive: Amazon.com to stop shipping non-essentials to consumers in Italy and France
By Krystal Hu (Reuters) - Amazon.com will stop shipping non-essential products to consumers in Italy and France, according to an announcement the company published in Chinese on the WeChat social medi...
Syndicated Content Mar 21, 2020
GM extends North American shutdown, does not set restart date
WASHINGTON (Reuters) - General Motors Co said Thursday it will extend a shutdown of its North American plants beyond March 30, but added it does not know when it will restart operations. In an email t...
Syndicated Content Mar 26, 2020
Hedge fund Fir Tree puts $410 million dislocation fund to work
By Svea Herbst-Bayliss BOSTON (Reuters) - After years of waiting and watching from afar, hedge fund Fir Tree Partners is spending $410 million from its dislocation funds on stocks, pockets of the cred...
Syndicated Content Mar 27, 2020
Japan says no change in planning for Olympics amid coronavirus
TOKYO (Reuters) - Japanese government spokesman Yoshihide Suga said on Thursday that there is no change in planning for the 2020 Olympics, set to start in July, and there is also no need to declare a ...
Syndicated Content Mar 12, 2020
Virus-spooked Russians hoard trusty staple that is cheap and filling: buckwheat
By Polina Devitt and Tom Balmforth MOSCOW (Reuters) - Russians spooked by the coronavirus epidemic have started hoarding a trusty national staple that has helped them get through multiple crises in th...
Syndicated Content Mar 18, 2020
Column: Micro-bubbles just reinforce cheap money - Mike Dolan
By Mike Dolan LONDON (Reuters) - While everyone was watching the hullabaloo over GameStop and the related short selling pain this week, 10-year U.S. Treasury borrowing costs reversed briefly back belo...
Syndicated Content Jan 29, 2021
'Cheap trick': China rebuffs latest Taiwan offer of talks
BEIJING (Reuters) - China has rebuffed the latest offer of talks from Taiwan, saying the government was engaging in a "cheap trick" and provocation by seeking confrontation with China at eve...
Syndicated Content Jan 02, 2021
Investors seek deep value in 'too cheap' telecom shares
By Sinad Carew (Reuters) - Some investors are scooping up shares of beaten-down telecommunication network stocks, betting that companies like AT&T and...
Syndicated Content Nov 04, 2021