Tag: Germany

Telco shares are surprise losers as lockdown drives internet boom

SINGAPORE/BERLIN (Reuters) – As lockdowns worldwide drive a surge in internet use, boosting online sales for businesses as varied as gaming and food delivery, the...

India facilitates evacuation of 28,000 from 43 nations

NEW DELHI: India in a mammoth exercise has facilitated evacuation of around 28,000 foreigners from 43 nations from mid-March till April 11 amid lockdown to...

Airbus slashes jet output to tackle coronavirus crisis

PARIS (Reuters) – Airbus (AIR.PA) announced plans on Wednesday to cut jetliner production across the board after the coronavirus epidemic triggered aviation’s worst industrial crisis...

Equities climb on hopes pandemic is peaking

NEW YORK (Reuters) – World equity markets edged higher and oil prices stabilized on Wednesday on hopes the coronavirus pandemic is peaking and that more...

Global stocks turn negative as virus death toll mounts

LONDON (Reuters) – World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance minister failed to agree a rescue...

Germany launches smartwatch app to monitor coronavirus spread

BERLIN (Reuters) – Germany’s public health authority launched a smartwatch app on Tuesday in partnership with healthtech startup Thryve to help monitor the spread of...

Online meal delivery firms knocked off course by coronavirus crisis

GDYNIA/NEW YORK/AMSTERDAM (Reuters) – The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe...

Coronavirus hopes propel stocks, euro higher

LONDON (Reuters) – World stock markets enjoyed a second day of sharp gains on Tuesday as signs of progress against the coronavirus in both Europe...

Stocks jump as COVID deaths slow; oil falls on OPEC+ delay

NEW YORK/LONDON (Reuters) – World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some of the world’s...

As Germany reels from coronavirus, some officials debate impact on banks

FRANKFURT (Reuters) – As Germany rolls out a 750 billion-euro economic stimulus package, officials and experts are discussing whether German lenders, including Deutsche Bank AG...

Stocks jump on virus hopes, oil hit by OPEC+ delay

LONDON (Reuters) – World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases, though a delay in talks between...

A German exception? Why the country’s coronavirus death rate is low

They call them corona taxis: Medics outfitted in protective gear, driving around the empty streets of Heidelberg, Germany, to check on patients who are at...

GM reduces loan refinancing target, may pay up for new debt

NEW YORK (LPC) – General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility...

Europe’s north-south lockdown divide revealed by Google data

BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the...

Factbox: Google location data shows slump in trips to malls, offices

(Reuters) – Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued...

Inoculating the world may mean reviving old curbs on patents

By Hugo Miller, Karin Matussek, Susan Decker and Stephanie Bodoni German Chancellor Angela Merkel described the coronavirus as the greatest challenge facing her country since...

Amazon wins trademark case in boost for online retailers vs luxury firms

BRUSSELS (Reuters) – Amazon is not liable for unknowingly stocking goods for third-party sellers that infringe trademarks, Europe’s top court said on Thursday, handing online...

Delivery Hero takes steps to support struggling restaurants

BERLIN (Reuters) – Delivery Hero (DHER.DE), one of the world’s top online food delivery marketplaces, announced measures on Thursday to support restaurants that are trying...