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WHO to travellers: keep an eye on 'anywhere and everywhere' COVID-19
World

WHO to travellers: keep an eye on 'anywhere and everywhere' COVID-19

GENEVA (Reuters) - The World Health Organization on Tuesday urged travellers to wear masks on planes and keep themselves informed as COVID-19 cases surge again in some countries, prompting new restrictions in places like Australia. Spokeswoman Margaret Harris urged people not to be caught off-guard by resurgent local epidemics and quarantine measures, saying: "If it's anywhere, it's everywhere and people travelling have to understand that." "This virus is widespread and people have to take that very, very seriously." The WHO said last month that it would update its travel guidelines ahead of the northern hemisphere summer holidays but they have not yet been released. In the meantime, travellers should "remember things will change, or may well change", Harris said at a Geneva briefing.

Florida county votes against giving new home to displaced Confederate statue
World

Florida county votes against giving new home to displaced Confederate statue

By Octavio Jones TAVARES, Florida (Reuters) - Officials of a central Florida county voted on Tuesday to rescind a decision last year to give a new home to a Confederate statue being removed from a gallery in the U.S. Capitol, saying the reversal would "bring the community together." The Lake County Board of Commissioners voted 4-1 to ask the governor to find somewhere else to put a nine-foot-tall bronze statue of General Edmund Kirby Smith, who served in the Confederate Army during the American Civil War of 1861-65

Russia detains ex-journalist accused of passing secrets to West
World

Russia detains ex-journalist accused of passing secrets to West

By Andrew Osborn and Tom Balmforth MOSCOW (Reuters) - Russian security forces on Tuesday detained a former journalist who works as an aide to the head of Russia's space agency and accused him of treason, saying he had passed military secrets to an unnamed NATO power. Footage released by the FSB security service showed Ivan Safronov being detained outside his Moscow flat by armed agents who searched him before putting him into a van. He could later be heard saying "I'm not guilty" as masked agents led him past reporters to a court hearing that was closed to the public and was set to determine the terms of his custody.

Nurses in Zimbabwe arrested as they protest over pay
World

Nurses in Zimbabwe arrested as they protest over pay

HARARE (Reuters) - Police in Zimbabwe arrested 12 nurses protesting outside state hospitals on Monday demanding to be paid in U.S. dollars as inflation running at nearly 800% was eroding their salaries, the country's nurses union said. An economic crisis under President Emmerson Mnangagwa has revived memories of the hardships of more than a decade ago when hyperinflation wiped out savings and pensions and forced the country to dump its currency in favour of the U.S

UK COVID-19 confirmed death toll rises by 155 to 44,391
World

UK COVID-19 confirmed death toll rises by 155 to 44,391

LONDON (Reuters) - Britain's daily death toll from confirmed COVID-19 cases has risen by 155 to 44,391, the government said on Tuesday. (Reporting by Paul Sandle, editing by Andy Bruce)

U.S. says 'deeply concerned' by Beijing's detention of Chinese law professor
World

U.S. says 'deeply concerned' by Beijing's detention of Chinese law professor

WASHINGTON (Reuters) - The United States on Tuesday said it was 'deeply concerned' about China's detention of law professor Xu Zhangrun, a law professor who has been an outspoken critic of China's ruling communist party, and urged Beijing to release him. "The PRC must release Xu and uphold its international commitments to respect freedom of expression," U.S.

Exclusive: U.S. government's boxed food aid promise falls short
Business

Exclusive: U.S. government's boxed food aid promise falls short

By Christopher Walljasper CHICAGO (Reuters) - The U.S.

Oil rises as economic data overshadows coronavirus worries
Business

Oil rises as economic data overshadows coronavirus worries

By Jessica Resnick-Ault NEW YORK (Reuters) - Oil prices edged higher on Tuesday as the U.S. government forecast higher fuel demand and lower production, overshadowing concerns that a surge in new coronavirus cases will hamper a demand recovery. "The market is popping because of the higher forecast demand, and jobs data," said Phil Flynn, senior analyst at Price Futures Group in Chicago

Lufthansa to cut a fifth of leadership jobs in restructuring
Business

Lufthansa to cut a fifth of leadership jobs in restructuring

BERLIN (Reuters) - Germany's Lufthansa airlines will cut 20% of its leadership positions and 1,000 administrative jobs in a restructuring plan that it announced on Tuesday to cope with fallout from the coronavirus crisis. Lufthansa Group, which employs about 138,000 people, said it would also halve its investment in new aircraft, although it said that meant it could still add up to 80 new planes by 2023. Shareholders backed a 9 billion euro ($10.2 billion) government bailout last month, securing the future of Germany's flagship carrier after it was brought to the brink of collapse by the travel slump caused by the pandemic.

PPP loans roughly in line with industry payrolls, but some stand out
Business

PPP loans roughly in line with industry payrolls, but some stand out

By Howard Schneider (Reuters) - Paycheck Protection Program loans to restaurants and hotels fell short of their share of small-business employment, according to details on the program released Monday by the U.S. Treasury Department and the Small Business Administration

United Airlines warns of lower bookings, furloughs - source
Business

United Airlines warns of lower bookings, furloughs - source

(Reuters) - United Airlines has warned of booking declines and potential furloughs due to new travel restrictions in an internal presentation to the carrier's employees, a person with knowledge of the matter told Reuters. United's reservations for travel within the coming month quickly began to slide after New York, New Jersey and Connecticut said last month they would require people arriving from hot-spot states to quarantine for 14 days, the airline said

U.S. government awards Novavax $1.6 billion for coronavirus vaccine
Business

U.S. government awards Novavax $1.6 billion for coronavirus vaccine

By Julie Steenhuysen CHICAGO (Reuters) - The U.S. government has awarded Novavax Inc $1.6 billion to cover testing and manufacturing of a potential vaccine for the novel coronavirus in the United States, with the aim of delivering 100 million doses by January.

Largest U.S. airlines move towards federal loans; United warns about COVID-19 surge
Business

Largest U.S. airlines move towards federal loans; United warns about COVID-19 surge

By Tracy Rucinski CHICAGO (Reuters) - The largest U.S. air carriers have all signed letters of intent on federal loans to help them weather the novel coronavirus, with United Airlines warning employees that a surge in outbreaks was hitting bookings, threatening a travel rebound. U.S

U.S. hiring vaults to record high in May; new COVID-19 cases set to limit gains
Business

U.S. hiring vaults to record high in May; new COVID-19 cases set to limit gains

By Lucia Mutikani WASHINGTON (Reuters) - U.S. hiring surged to a record high in May and layoffs fell as businesses reopened, but the improvement in the labor market is likely to be blunted by a resurgence in COVID-19 cases that has forced some enterprises to shut down again

Wirecard administrator sees strong interest from potential buyers
Business

Wirecard administrator sees strong interest from potential buyers

BERLIN (Reuters) - The administrator of collapsed German payments firm Wirecard said on Tuesday that more than 100 investors have expressed interest in buying the company's core business and its holdings.

Deutsche Bank to pay $150 million fine, says making Jeffrey Epstein a client was 'mistake'
Business

Deutsche Bank to pay $150 million fine, says making Jeffrey Epstein a client was 'mistake'

By Jonathan Stempel NEW YORK (Reuters) - Deutsche Bank AG admitted it made a "critical mistake" taking on the registered sex offender Jeffrey Epstein as a client, and agreed to pay a $150 million fine to settle New York charges over its dealings with the late financier and two other banks.

Size of next coronavirus waves will determine UK outlook: BoE's Haldane
Business

Size of next coronavirus waves will determine UK outlook: BoE's Haldane

LONDON (Reuters) - Further waves of the novel coronavirus are surely on the way and they will be one of the determinants of Britain's economic outlook, Bank of England Chief Economist Andy Haldane said on Tuesday.

Wall Street eases after strong rally as virus cases surge
Business

Wall Street eases after strong rally as virus cases surge

By C Nivedita and Medha Singh (Reuters) - The S&P 500 eased on Tuesday, a day after the benchmark index logged its longest streak of gains this year as investors weighed the risk of a sharp jump in new coronavirus cases nationwide hindering a rebound in economic activity. The Nasdaq, on the other hand, claimed another record high, boosted by shares of technology heavyweights Microsoft Corp and Apple Inc .

The quarter after the half: Why the next three months are key for stocks
Business

The quarter after the half: Why the next three months are key for stocks

By Sujata Rao and April Joyner (Reuters) - Central bank firepower helped stock market bulls finish the first half of 2020 on a high. Now the rally hinges on follow-through in the third-quarter from economic data, company earnings and the coronavirus newsflow.

Epstein red flags, Russian models land Deutsche Bank $150 million fine
Business

Epstein red flags, Russian models land Deutsche Bank $150 million fine

By Jonathan Stempel, Tom Sims and John O'Donnell NEW YORK/FRANKFURT (Reuters) - Deutsche Bank will pay a $150 million fine from a New York regulator for allowing disgraced financier Jeffrey Epstein to make payments to Russian models and withdraw suspicious amounts of cash during five years as a client. Tuesday's settlement with the New York State Department of Financial Services is the first such action against a bank related to Epstein. The registered sex offender committed suicide in a Manhattan jail in August, a month after his arrest for allegedly sexually exploiting dozens of girls and women