WASHINGTON (Reuters) – The International Monetary Fund on Thursday asked G20 leaders to back a doubling of its emergency financing capacity to strengthen its response to the rapidly spreading coronavirus pandemic that is set to cause a global recession in 2020. IMF Managing Director Kristalina Georgieva, in a statement to leaders of the world’s 20 […]
By Idrees Ali and Phil Stewart WASHINGTON (Reuters) – Acting Navy Secretary Thomas Modly resigned on Tuesday after he faced mounting backlash for firing and ridiculing the commander of a U.S. aircraft carrier who pleaded for help stemming a coronavirus outbreak onboard. Modly’s resignation highlighted the U.S. military’s struggle to meet increasingly competing priorities: maintaining […]
By Naomi Tajitsu YOKOHAMA (Reuters) – Nissan’s <7201.T> new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn. Makoto Uchida, who took over the top job in December, […]
