By Leika Kihara TOKYO (Reuters) – Japan’s exports likely slumped the most in over 3-1/2 years in March as the coronavirus pandemic crushed demand in the United States and Europe, a Reuters poll showed, heightening the chance of recession for the world’s third-largest economy. The poll also showed annual core consumer inflation likely slowed to […]
FRANKFURT (Reuters) – Deutsche Telekom <DTEGn.DE> has reached an agreement with its works council on restructuring its troubled T-Systems IT services division, a company spokesman said on Friday. The spokesman confirmed an earlier report in Handelsblatt that said the agreement included moving large parts of the business to a newly created German subsidiary and affected […]
LISBON (Reuters) – Portugal’s net borrowing needs this year are expected to total nearly 9.5 billion euros ($10.62 billion), the state debt agency IGCP said on Monday, putting gross government bond issuance at 16.7 billion euros. The bond issuance will be carried out via a combination of syndicated operations and monthly auctions, it added. ($1 […]
