The Australian government unveiled a A$1.2 billion ($928 million) tourism support package on Thursday, aimed at boosting local travel while international routes remain closed because of the coronavirus pandemic.
By Reuters Staff
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FILE PHOTO: Warren East, CEO of Rolls Royce, speaks at the Confederation of British Industry s (CBI) annual conference in London, Britain, November 19, 2018. REUTERS/Toby Melville
LONDON (Reuters) - Rolls-Royce’s chief executive said the worst was now behind the company after it posted a 4 billion pound ($5.57 billion) loss for 2020.
“2020 certainly marks the low point. We think that the worst is now well behind us,” Chief Executive Warren East told reporters on a call on Thursday.
($1 = 0.7179 pounds)
Mexico has received 280 pre-Hispanic archaeological pieces that were in the United States, amid efforts by authorities to recover part of the country's cultural heritage, the Mexican government said.
Portuguese telecoms firm NOS posted on Wednesday a fourth-quarter net profit of 12.9 million euros ($15.4 million), more than double what it netted a year ago, as its core revenues and client numbers rose despite the COVID-19 pandemic.
AMC Entertainment Holdings Inc said the roll-out of COVID-19 vaccines and the release of major movies, including Walt Disney Co's "Black Widow", would boost sales this year, sending the company's shares up 9%.