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World Bank tells G20: Pandemic threatens food security of poor nations
By Andrea Shalal WASHINGTON (Reuters) – The poorest countries in the world face food insecurity and malnutrition due to the coronavirus pandemic, a drop in foreign exchange earnings, export restrictions and the breakdown of supply chains, a senior World Bank official said on Tuesday. Mari Pangestu, the World Bank’s managing director for development policy, underscored […]
Trump says middle class tax cut to be announced over next 90 days: Fox Business
(Reuters) – U.S. President Donald Trump said on Wednesday a tax cut for the middle class would be announced over the next 90 days. “We are going to be doing a middle class tax cut, a very big one,” Trump told Fox Business in an interview https://www.foxbusiness.com/politics/trump-says-tax-cuts-health-care-and-trade-deals-are-ahead. “We’ll be announcing that over the next 90 […]
Ted Baker says 38% of global retail sales hit by coronavirus
(Reuters) – Troubled fashion retailer Ted Baker Plc <TED.L> said on Friday it has shut businesses that accounted for about 38% of its global retail sales in 2020 due to the coronavirus outbreak. It has closed 197 retail stores and concessions out of 416 locations globally with full shutdown in the United States, Canada, France, […]