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U.S. sporting goods retailer Modell’s files for bankruptcy protection
(Reuters) – Sporting goods retailer Modell’s Sporting Goods filed for Chapter 11 protection in the U.S. bankruptcy court in New Jersey on Wednesday, citing a challenging retail environment. The company, which has liquidated 19 stores in partnership with financial services firm Tiger Capital Group, said it will start closure sales at its remaining stores beginning […]
China central bank vice governor: Coronavirus’ impact on China’s economy short-term, limited – state media
SHANGHAI (Reuters) – A senior Chinese central banker said that coronavirus’ impact on China’s economy is short-term and limited, and the country is fully confident that it will win the war against the epidemic, state media reported on Saturday. Chen Yulu, deputy governor of the People’s Bank of China, said that China has ample policy […]
KLM, Delta to offer COVID-19 tested flights from Amsterdam to Atlanta
FILE PHOTO: Cool boxes are seen at the Schiphol Airport as Air France-KLM’s cargo operations are preparing a massive logistical operation carrying new vaccines and vaccine candidates for COVID-19 through Amsterdam’s Schiphol Airport, Netherlands November 25, 2020. REUTERS/Piroschka van de Wouw/File PhotoAMSTERDAM (Reuters) -KLM, the Dutch arm of Air France-KLM, said on Friday it would […]