TEL AVIV (Reuters) – Israel’s Harel Insurance Investments and Financial Services <HARL.TA> said on Wednesday it would invest up to $1.2 billion together with Canada’s Manulife Investment Management in U.S. real estate. Manulife Investment Management is the investment arm of Toronto-based Manulife Financial Corp <MFC.TO>. Harel said the two firms will invest in offices, industrial […]
BERLIN (Reuters) – Lufthansa <LHAG.DE> has applied for short-time work for around 31,000 crew and ground staff at its core brand until the end of August, a spokesman said on Friday, as Germany’s flagship carrier has slashed flights due to the coronavirus outbreak. Short-time work is a form of state aid that allows employers to […]
CAIRO (Reuters) – Sudan has passed its 2020 budget that includes an overall deficit of about 73 billion Sudanese pounds ($1.62 billion), Finance Minister Ibrahim Elbadawi said on Sunday. The country’s ruling sovereign council and Cabinet agreed the budget – the country’s first since the toppling of longtime ruler Omar al-Bashir, whose final years in […]
