JOHANNESBURG, May 25 (Reuters) – Administrators at South African Airways (SAA) can appeal a Labour Court ruling ordering them to halt a layoff process, the court said on Monday. State-owned SAA has been fighting for its survival since entering a
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EMERGING MARKETS-Latam FX, stocks rally on economic recovery hopes
By Susan Mathew May 25 (Reuters) – Latin American currencies firmed on Monday on hopes of an economic recovery as more economies emerged from pandemic-induced lockdowns, although simmering U.S.-China trade tensions tempered risk appetite. Brazil’s real surged 2.1%, extending gains
French government's crisis measures have cost 450 bln euros – finance minister
PARIS, May 25 (Reuters) – French government measures to prop up the economy through the coronavirus crisis have cost 450 billion euros ($490 billion), the equivalent of 20% of GDP, the finance minister said on Monday. Since mid March, the
Lethbridge councillors set intentions in first meeting as new COVID-19 recovery committee
Lethbridge city council met for the first of new weekly meetings on Thursday, sitting as the Lethbridge Community and Economic Recovery Committee, which has been tasked with aiding in city-wide recovery from the COVID-19 pandemic. The first meeting of the
PRESS DIGEST- Financial Times – May 22
May 22 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines – Atlantia seeks €1bn credit line for toll road unit in Genoa
GLOBAL MARKETS-Stocks slip on U.S.-China tensions; oil rises to 2-1/2-month high
(Adds oil, gold settlement prices) * Oil prices extend gains to 2-1/2 month high * Dollar trying to snap four-day losing streak * Bond markets digest glut of supply * U.S. jobless claims 2.4 million, in line with estimates By
TREASURIES-U.S. long-dated prices inch up as market digests supply
* U.S. Treasury announces 2-year, 5-year, 7-year auctions * U.S. TIPS auction show mixed results * U.S. yield curve flatter going into month-end (Adds new comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, May 21 (Reuters) – U.S. long-dated Treasury
UPDATE 2-Italian bond yields up, not far from recent low
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds Spanish issuance and updates prices) By Olga Cotaga LONDON, May 21 (Reuters) – Italian government 10-year bond yields rose on Thursday from a near six-week low reached this week as nervous
Coronavirus: Peterborough facilities to remain closed until end of May, mayor says
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Germany's Merkel: Poorest countries need more help in addition to debt moratorium
BERLIN, May 20 (Reuters) – World leaders should help the poorest countries survive the coronavirus pandemic by keeping up development aid and undertaking further steps in addition to an already agreed debt moratorium, German Chancellor Angela Merkel said on Wednesday.