Saturday, 26 Sep 2020

Brazilian companies join call for action on Amazon deforestation

BRASILIA (Reuters) – A group of 39 companies, including several of Brazil’s largest firms, expressed concerns over deforestation in the Amazon rainforest on Tuesday, following global investor demands that President Jair Bolsonaro end the destruction or risk divestment. While weaker than the threats from the global investment firms, the joint statement is the first from […]

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Values or economy? Right-wing Poles weigh options in election runoff

WARSAW (Reuters) – Marcin Stasko did not hesitate to vote for the candidate of the small far-right Confederation party in the first round of Poland’s presidential election last month, attracted in part by his promise to cut taxes. But Stasko, a 50-year-old labour inspector, faces a harder decision in Sunday’s runoff, when he must choose […]

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The quarter after the half: Why the next three months are key for stocks

(Reuters) – Central bank firepower helped stock market bulls finish the first half of 2020 on a high. Now the rally hinges on follow-through in the third-quarter from economic data, company earnings and the coronavirus newsflow. With central bank and government stimulus approaching $20 trillion, world stocks’ 35% collapse between Feb. 20 and March 23 […]

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U.S. hiring races to record high in May, layoffs abate

WASHINGTON (Reuters) – U.S. hiring surged to a record high in May and layoffs declined as businesses reopened, but the signs of improvement in the labor market have been overshadowed by a resurgence in COVID-19 cases that has forced some enterprises to shut down again. The Labor Department said on Tuesday in its monthly Job […]

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Russia charges space chief's aide Ivan Safronov with treason

The former journalist is accused of passing military secrets to an unnamed NATO power. Russian security forces have arrested a former journalist who works as an aide to the head of Russia’s space agency on treason charges, accusing him of passing military secrets to an unnamed NATO power. Footage released by the FSB security service […]

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U.S. hiring races to record high in May, layoffs abate

WASHINGTON (Reuters) – U.S. hiring surged to a record high in May and layoffs declined as businesses reopened, but the signs of improvement in the labor market have been overshadowed by a resurgence in COVID-19 cases that has forced some enterprises to shut down again. The Labor Department said on Tuesday in its monthly Job […]

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