SINGAPORE (Reuters) – Singapore’s trade-dependent economy fell into recession in the second quarter with a record contraction, signaling a global first semester globally and an equally challenging outlook as the coronavirus crisis comes at a high cost in business and demand. Gross Domestic Product (GDP) fell a record 41.2% in …
Read More »Exclusive: Canadian companies warn of Mexico’s energy policy at dawn of trade agreement
MEXICO CITY / OTTAWA (Reuters) – As Mexico entered into a new trade agreement with the United States and Canada on July 1, a group of Canadian energy investors warned their government that Mexico may already be violating the agreement for failing to honor contracts. . FILE PHOTO: Trucks wait …
Read More »Canada and the United States could extend the ban on non-essential travel ban: sources
OTTAWA (Reuters) – Canada and the United States are ready to extend the non-essential travel ban that was imposed to combat the coronavirus outbreak, although no final decision has been made, two Ottawa sources familiar with the matter said Monday. Canadian Prime Minister Justin Trudeau attends a press conference at …
Read More »EU prepares measures against China on Hong Kong
BRUSSELS (Reuters) – The European Union (EU) is preparing countermeasures against China in response to Beijing’s new security law on Hong Kong, the bloc’s top diplomat said on Monday, but the envoys stressed that the likely steps will not amount to Economic sanctions. FILE PHOTO: Swedish Foreign Minister Ann Linde …
Read More »Delta May Avoid Licenses After Purchase Demand, Other US Airlines Sound The Alarm
CHICAGO / WASHINGTON (Reuters) – Delta Air Lines can avoid involuntary leave in the fall after receiving interest from more than 15,000 employees for advance purchase packages, a person with knowledge of the matter said, even as other U.S. airlines are hearing alarm at jobs. FILE PHOTO: Delta Air Lines …
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