Business News

Investment fund Lim Advisors is pressing Nichiigakkan Co's management to extend the offer deadline of Bain Capital's $1 billion buyout of the Japanese nursing home operator, according to a letter to Nichiigakkan's management.

European shares jumped on Tuesday as sentiment was lifted by the launch of the U.S. Federal Reserve's corporate bond buying programme and concerns about a second wave of global coronavirus infections eased.

Software group SAP launched a product on Tuesday to help firms track greenhouse gas emissions in their supply chains, backing a view that being transparent about their carbon footprint will be good for business.

Oil prices made marginal gains on Tuesday, reversing out of earlier losses, as hopes for further cuts in crude supplies took the sting out of concerns that a resurgence of new coronavirus infections around the world could hamper fuel demand.

Colombian real estate startup La Haus raised $16 million in funding from venture capital investors Kaszek Ventures, NFX, Acrew Capital, IMO Ventures and Beresford Ventures.

Dutch-based online payments firm Adyen on Tuesday said it had added Amazon Pay to its range of payment options available for customers.

The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together on setting standards for next-generation 5G networks.

British cinema operator Cineworld Group Plc said on Tuesday that some of its theatres would reopen in the last week of June and expected all of them to reopen by July with safety measures, including enhanced sanitation procedures across all sites.

U.S. retail sales likely experienced a record rise in May as 2.5 million Americans went back to work, although any rebound will retrace only a fraction of the historic drops in March and April amid the coronavirus lockdowns.

Three New York City police officers fell ill and were hospitalized on Monday after drinking beverages at a fast-food outlet that a police association said were believed to have been contaminated with bleach.

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

U.S. airline passengers who refuse to wear face coverings during the novel coronavirus pandemic could have their flying privileges revoked under tougher enforcement policies, the industry's main lobby group said on Monday.

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Royalty Pharma on Monday sold $2.18 billion in stock after its U.S. initial public offering (IPO) was priced at the top end of the range, making it the second-largest pharmaceutical listing ever.

Japanese shares gained on Tuesday, tracking an overnight surge on Wall Street after the U.S. Federal Reserve widened its corporate bond purchasing program to support financial markets.

The Federal Communications Commission (FCC) will probe an extensive T-Mobile network outage that impacted customers across the United States, the head of the U.S. telecommunications regulatory agency said on Monday.

The Federal Communications Commission (FCC) will probe an extensive T-Mobile network outage that impacted customers across the United States, the head of the U.S. telecommunications regulatory agency said on Monday.

Investment fund Lim Advisors is pressing management of Nichiigakkan Co to extend the deadline of a tender offer from Bain Capital, according to a letter sent to management of the Japanese nursing home operator.

Two former Pinterest employees who left the image-sharing company in late May publicly alleged in tweets on Monday that they had experienced racial discrimination in the workplace.

Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed.