By Herbert Lash NEW YORK (Reuters) – Pacific Investment Management Co (PIMCO), one of the world’s…
Day: March 8, 2020
Wall Street coronavirus contingency plans – the state of play
By Scott DiSavino (Reuters) – As the coronavirus spreads in the financial hub of New York,…
Lebanon’s debt talks to start soon, will likely last months
BEIRUT (Reuters) – Negotiations to restructure Lebanon’s foreign currency debt should not last more than nine…
Brazil, U.S. sign agreement to develop defense technology
MIAMI (Reuters) – Brazilian and U.S. governments signed on Sunday an agreement for development of defense…
Alitalia to suspend flights from Milan Malpensa from March 9
MILAN (Reuters) – Alitalia said on Sunday it was suspending national and international flights to and…
Emirates expects coronavirus to impact financial performance: internal notice
By Alexander Cornwell DUBAI (Reuters) – Emirates airline expects its financial performance to be impacted by…
ECB tells staff to work from home in coronavirus test
FRANKFURT (Reuters) – The European Central Bank has told most of its over 3500 staff to…
UK’s Sunak looking at ways to relax spending limit
By William Schomberg and Kylie MacLellan LONDON (Reuters) – British finance minister Rishi Sunak, under pressure…
Israel’s El Al issues more severe revenue warning due to coronavirus
JERUSALEM (Reuters) – Israel’s flag carrier, El Al airlines <ELAL.TA>, said on Sunday it expects an…
IKEA reopens nine more stores in China
LONDON (Reuters) – IKEA, the world’s biggest furniture brand, is reopening nine of its stores in…
Israel to set up $1 billion fund to help companies through coronavirus crisis
TEL AVIV (Reuters) – Prime Minister Benjamin Netanyahu said on Sunday his government would establish a…
India’s Yes Bank founder remanded in police custody on money-laundering charges
By Abhirup Roy MUMBAI (Reuters) – An Indian court on Sunday remanded the founder and former…