SINGAPORE (Reuters) – Global business leaders are preparing for a drawn-out U-shaped recession due to the impact of coronavirus and many fear their companies won’t survive the pandemic, a survey of thousands of chief executives showed on Wednesday. The pandemic
Guatemala health officials fired, investigated for corruption
Several officials are accused of conspiring to defraud state funds during the coronavirus pandemic. Two deputy health ministers in Guatemala were fired this week amid revelations of an alleged corruption ring inside the ministry. Rodolfo Galdamez, the technical deputy minister
Fire that started in Rocky View County spreads to Calgary
A grass fire that started in Rocky View County on Tuesday afternoon spread south into Calgary city limits, with crews from both places responding. The Calgary Fire Department said three of its trucks responded to the 16500 block of Panorama
Stranded elk rescued after dropping 30-feet into old mine shaft
Two hikers in Mineral County discovered an elk stranded at the bottom of a 30-foot mine-shaft, and state wildlife staff and sheriff’s deputies rescued the fallen beast. The odd discovery and rescue, in the upper Grande Valley near Creede, happened
Georgia tests boundaries of life post-pandemic with 'risky' reopening
WASHINGTON (Reuters) – A handful of mostly southern U.S. states will begin loosening economic restrictions this week in the midst of a still virulent pandemic, providing a live-fire test of whether America’s communities can start to reopen without triggering a
Boris Johnson approval rating: What is Boris Johnson’s approval rate?
Boris Johnson is currently residing at the Prime Minister’s countryside retreat in Buckinghamshire, where he is recuperating from a coronavirus infection which saw him in intensive care for a week. The PM is said to be continuing business from the
United Airlines announces stock offering, shares slip
(Reuters) – United Airlines Holdings Inc (UAL.O) on Tuesday announced a stock offering of 39.25 million shares, sending its shares down 3% in extended trading. The company intends to use the proceeds from the offering towards general corporate purposes, it
FedEx driver saves wedding by delivering ring to beach ceremony last minute
FedEx saves the wedding day! The coronavirus pandemic forced Raleigh, N.C., couple Savannah Kulenic and Dylan Perkins to cancel their Hawaiian wedding day, honeymoon and other celebrations in lieu of a five-person ceremony at a family member’s beach home on
Wall Street tumbles as oil crash stirs pandemic fears
(Reuters) – Wall Street tumbled for a second straight day on Tuesday as a collapse in U.S. oil prices and glum forecasts by companies worsened fears of a deep economic downturn. All 11 S&P 500 sector indexes fell 1.6% or
GM folds Maven car-sharing unit, citing coronavirus
(Reuters) – General Motors Co (GM.N) said on Tuesday it is shutting down its Maven car-sharing unit, after suspending operations because of the novel coronavirus. The automaker said it would transfer Maven assets and resources to its Global Innovation group.