Business News

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Asian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens.

Pilgrim's Pride Corp CEO Jayson Penn began a paid leave of absence following his indictment earlier this month on charges of seeking to set a fixed price for chickens with other industry executives, the company said Sunday.

U.S. poultry company Pilgrim's Pride Corp announced on Sunday its President and Chief Executive Officer Jayson Penn has begun a paid leave of absence to focus on his defense of the indictment against him over alleged U.S. chicken price-fixing.

* Jan-May crude imports at 56.91 mln T, down 7.0% on-year (Recasts, adds details)

Unilever Plc said on Monday it will invest 1 billion euros in a fund to invest in climate change projects and reduce to net zero greenhouse gas emissions from all its products by 2039, 11 years ahead of the Paris Agreement deadline.

-- Source link: https://bloom.bg/37rvJ5E

With glowing blue eyes and trusting feline features, a new robot cat by Chinese startup Elephant Robotics seems happily oblivious to the worries of CEO Joey Song as he shows it off at the company's lab in Shenzhen.

Unilever Plc said on Monday it will invest 1 billion euros in a fund to invest in climate change projects and reduce to net zero greenhouse gas emissions from all its products by 2039, 11 years ahead of the Paris Agreement deadline.

Chilean copper miners' unions called on Sunday for a re-evaluation of the operational continuity plans of the country's biggest miners during what they said was an "alarming" increase in coronavirus cases among workers.

-- Source link: https://on.ft.com/3fm0tYq

Israel is in advanced talks with Moderna Inc to buy its coronavirus vaccine that is entering the final stage of testing, leading Israeli news website YNET reported on Sunday.

Systemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan said on Sunday.

Germany's smartphone app to trace coronavirus infections is ready to be launched this week, Health Minister Jens Spahn said on Sunday.

-- Source link: https://bit.ly/2B43aPE

-- Source link: https://on.ft.com/2B43v4T

AstraZeneca Plc has signed a contract with European governments to supply the region with its potential vaccine against the coronavirus, the British drugmaker's latest deal to pledge its drug to help combat the pandemic.

* Too early to cut VAT tax (Releads, adds quotes from PM Johnson)

Apparel maker VF Corp is eyeing further acquisitions despite coronavirus uncertainty, saying it could be a good time to expand its collection, the Financial Times reported https://on.ft.com/2C3miO1 on Sunday.

Apparel maker VF Corp is eyeing further acquisitions despite coronavirus uncertainty, saying it could be a good time to expand its collection, the Financial Times reported https://on.ft.com/2C3miO1 on Sunday.