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Swissport safeguards future as lenders agree millions of euros of support
ZURICH/LONDON (Reuters) – Swissport has secured hundreds of millions of euros of financial backing from creditors, gaining a vote of confidence in its future as the travel sector is hard hit by the COVID-19 crisis. The Swiss-based airport ground services firm said a comprehensive restructuring with lenders included 300 million euros ($353 million) in interim […]
Calgary police investigating 2 early morning shootings that injured 3 people
Calgary police are investigating two shootings that happened on Friday morning just an hour apart — one in the community of Thorncliffe and the other in Rundle — but say they aren’t believed to be connected. According to police, officers were first called to a home in the 5500 block of Centre Street North at […]
Exclusive: China to keep same inflation target in 2020 despite food price spike – sources
By Kevin Yao BEIJING (Reuters) – China has decided to keep its inflation target unchanged this year at around 3%, sources say, suggesting policymakers will continue to roll out more economic support measures while avoiding aggressive stimulus. Some analysts have speculated that Beijing will raise the inflation target to 3.5%, which would give authorities more […]