Fauci says his remarks were taken out of context in Trump ad

By Pete Schroeder WASHINGTON (Reuters) – Top U.S. infectious diseases expert Dr. Anthony Fauci said on Sunday he had not agreed to be featured in an ad by President Donald Trump’s re-election campaign and that his comments were taken out of context. The ad, released last week, discusses Trump’s effort to recover from the coronavirus […]

Twitter flags Trump tweet for violating its rules on COVID-19 information

By Kanishka Singh and Bhargav Acharya (Reuters) – Twitter on Sunday flagged a tweet by Donald Trump in which the U.S. President claimed he was immune to the coronavirus, saying it violated the social media platform’s rules about misleading information related to COVID-19. “A total and complete sign off from White House Doctors yesterday. That […]

Trump tries to put COVID-19 behind him with campaign rally in Florida

By John Whitesides WASHINGTON (Reuters) – President Donald Trump will try to put his bout with COVID-19 behind him when he returns to the campaign trail on Monday, beginning a three-week sprint to the Nov. 3 election with a rally in the vital battleground state of Florida. The event at an airport in Sanford, Florida, […]

Bank of Korea seen holding rates this week and for the rest of 2020

By Joori Roh and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank is expected to keep its interest rates on hold on Wednesday as its concerns over rising household debt and property prices would most likely put a bar on any policy changes. The Bank of Korea (BOK) was seen keeping its base rate unchanged […]

Bank of England asks banks about readiness for negative rates

LONDON (Reuters) – The Bank of England asked banks on Monday for information about their readiness for zero or negative interest rates, following up on its announcement last month that it was considering how to take rates below zero if needed. “As part of this work, we are requesting specific information about your firm’s current […]

SAP users face cost squeeze, pressure to digitalise: survey

By Douglas Busvine BERLIN (Reuters) – The customers of software group SAP (DE:SAPG) are suffering severe declines in revenue and earnings while at the same time facing intensifying pressure to hike IT spending to go digital, a survey showed on Monday. The poll of SAP’s German-speaking user community found that nearly three-quarters were experiencing sharp […]

Cadillac, Buick help GM to first China sales growth in two years

By Yilei Sun and Brenda Goh BEIJING (Reuters) – General Motors Co (GM) (N:GM) on Monday said continued market recovery from the COVID-19 crisis helped its China vehicle sales grow 12% on year in July-September, marking the Detroit automaker’s first Chinese quarterly sales growth in two years. The second-biggest foreign automaker in China by units […]

Japan stocks lower at close of trade; Nikkei 225 down 0.26%

brandtest.cc/ex17d5 – Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.26%. The best performers of the session on the Nikkei 225 were ANA Holdings Inc (T:9202), which rose 2.65% or 63.5 points to trade at 2464.0 at […]