Canada offers C$2.5 bln in aid for hard-hit energy sector; death toll hits 1,250

8/8 © Reuters. Outbreak of the coronavirus disease (COVID-19) in Toronto 2/8 By David Ljunggren and Kelsey Johnson OTTAWA (Reuters) – Canada will invest C$ 2.5 billion ($ 1.8 billion) in measures to help the hard-hit oil and gas industry survive during the nation’s coronavirus outbreak, which has killed 1,250 people, Prime Minister Justin Trudeau […]

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Tata Steel Europe to cut 1,250 jobs in turnaround push

© Reuters. Tata Steel Europe to cut 1,250 jobs in turnaround push (Reuters) – Tata Steel Europe is planning to cut 1,250 jobs as it faces “challenging circumstances” and “needs to urgently improve profitability”, Chief Executive Officer Henrik Adam said in an internal memo seen by Reuters on Tuesday. “Our financial situation is serious and […]

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