A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File PhotoIndia’s central bank asked banks on Wednesday to let certain borrowers have more time to repay loans, among other support measures, amid a major second wave of COVID-19 infections in the…
By Reuters Staff1 Min ReadMay 5 (Reuters) – German economic institute Ifo:* NUMBER OF PEOPLE ON SHORT-TIME WORK SCHEME IN GERMANY FELL 10% IN APRIL TO 2.7 MILLION ] (Berlin Speed Desk)Our Standards: The Thomson Reuters Trust Principles.for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
MADRID, May 5 (Reuters) – Spain’s Liberbank, which is in the process of being taken over by bigger rival Unicaja , said on Wednesday its net profit rose 17% in first quarter against the same period a year ago thanks to a growth in revenues from fees and commissions and despite the cost of COVID-19…
(Adds more details throughout, co-CEOs quote)AMSTERDAM, May 5 (Reuters) – Dutch speciality chemicals company DSM on Wednesday raised its outlook for 2021, as a strong recovery of demand for its industrial materials helped its first-quarter results beat expectations.Restocking by car makers and electronics producers boosted demand for DSM’s plastics, the company said, while the easing…
(Reuters) – The Nasdaq ended sharply lower on Tuesday as investors dumped megacap growth stocks to seek shelter in more defensive parts of the market, amid concerns on rising interest rate and uncertainty over an upcoming jobs report.The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., May…
Israeli Prime Minister Benjamin Netanyahu gestures as he delivers a speech to supporters following the announcement of exit polls in Israel’s general election at his Likud party headquarters in Jerusalem March 24, 2021. REUTERS/Ammar AwadBenjamin Netanyahu’s deadline for forming a new Israeli government expired early on Wednesday, with the country’s longest-serving prime minister having failed…
BRASILIA (Reuters) – Brazil’s former health minister told a parliamentary inquiry on Tuesday that President Jair Bolsonaro’s right-wing government knew full well that the treatment they were advocating for COVID-19 patients had no scientific basis.FILE PHOTO: Brazil’s President Jair Bolsonaro attends a promotion ceremony for generals of the armed forces, at the Planalto Palace in…
FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. dollar and stock prices at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020. REUTERS/Issei Kato/File Photo Asia’s share markets were mostly higher Tuesday as regional equity investors…
By Reuters Staff1 Min ReadMay 4 (Reuters) – The S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Tuesday it has launched a new series of cryptocurrency indices.The new indices, the S&P Bitcoin Index, S&P Ethereum Index AND S&P Crypto Mega Cap Index, would measure the performance of bitcoin,…
A logo of car rental company Hertz is seen on a building during the coronavirus disease (COVID-19) outbreak in Nice, France, May 27, 2020. Picture taken with a slow shutter speed and a zoom effect. REUTERS/Eric Gaillard Hertz Global Holdings Inc (HTZGQ.PK) said on Tuesday it had received a revised offer from Knighthead Capital Management,…