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Business News
EU warns COVID-19 health crisis not over yet, urges vigilance
The public health crisis
caused by the COVID-19 epidemic in Europe is not over yet, the
European Union's top health official warned on Friday, urging
governments to remain vigilant and plough ahead with testing and
tracing the population.
Categories: Business News
UPDATE 3-Hong Kong, China governments reject UK 'interference' and 'biased' criticism
The Hong Kong government and
China's foreign ministry branch in the city hit back on Friday
at a report by Britain criticising Beijing's plans for national
security legislation, saying it was "biased" and intervened in
internal affairs.
Categories: Business News
UPDATE 2-BA, easyJet and Ryanair fight British quarantine with legal action
British Airways, easyJet
and Ryanair said on Friday they have begun legal action
against the British government's quarantine policy in a bid to
overturn what they see as overly strict rules.
Categories: Business News
U.S. lawmakers ask Zoom to clarify China ties after it suspends accounts
Three U.S. lawmakers asked Zoom Video Communications Inc to clarify its data-collection practices and relationship with the Chinese government after the firm said it had suspended user accounts to meet demands from Beijing.
Categories: Business News
UPDATE 4-U.S. lawmakers ask Zoom to clarify China ties after it suspends accounts
Three U.S. lawmakers asked
Zoom Video Communications Inc to clarify its
data-collection practices and relationship with the Chinese
government after the firm said it had suspended user accounts to
meet demands from Beijing.
Categories: Business News
Global shares, oil slump as coronavirus fears take hold
A slump in global shares extended to its fourth day running on Friday and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery from lockdowns.
Categories: Business News
European shares edge lower as virus worries take centre stage
European shares slipped in choppy
trading on Friday after their worst one-day sell-off since late
March as doubts grew over the pace of economic recovery amid
signs of a resurgence in COVID-19 cases.
Categories: Business News
China says Twitter should shut down accounts that smear China
China on Friday said Twitter
should shut down accounts that smear China if it wants
to fight disinformation, arguing that the country is the biggest
victim of disinformation.
Categories: Business News
Exclusive: Netflix in talks to source Indian content from Reliance affiliate Viacom18 - sources
U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three sources told Reuters, in a move that would expand a relationship between the two sides.
Categories: Business News
MORNING BID-Reality check?
A look at the day ahead from Dhara Ranasinghe, senior markets
correspondent, EMEA. The views expressed are her own.
A week, it appears, is a long time in the world of financial
markets. Hopes for a swift economic recovery, propelled by
massive monetary and fiscal stimulus, have been replaced by
fears over a resurgence in coronavirus infections -- wiping $3
trillion off the value of world stock markets.
Categories: Business News
Scrub that: Pandemic forces ship owners to shelve anti-pollution gear
Ship owners are postponing or cancelling the installation of "scrubbers" that extract harmful sulphur emissions from their vessels as the coronavirus pandemic tightens finances.
Categories: Business News
Luxury food industry turns sour amid global coronavirus lockdowns
Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic.
Categories: Business News
BA, easyJet and Ryanair launch legal action over UK quarantine
British Airways, easyJet
and Ryanair have launched legal action against the UK
government's quarantine policy, asking for a judicial review to
be heard as soon as possible, a statement from BA's parent IAG
said.
Categories: Business News
Oil falls, rally ends as U.S. sees resurgence of coronavirus infections
Oil prices fell on Friday, extending big losses from overnight as U.S. coronavirus cases surged this week and raised the prospect of a second wave of the COVID-19 outbreak hitting demand in the world's top consumer of crude and fuel.
Categories: Business News
JGBs slip after weak BOJ operation, fail to capitalise on stock losses
Japanese government bond prices
sagged on Friday, following tepid results of a bond operation by
the Bank of Japan and amid a lack of follow-through buying after
initial gains on global stocks sell-off.
Categories: Business News
RPT-Luxury food industry turns sour amid global coronavirus lockdowns
Global demand for
premium foods like wagyu beef, bluefin tuna and caviar has
plunged with thousands of restaurants shuttered and many
economies sliding into recession amid the coronavirus pandemic.
Categories: Business News
GLOBAL MARKETS-Asia stocks slide as coronavirus fears return
Asian shares fell sharply on
Friday and oil prices extended losses on growing concerns that a
resurgence of coronavirus infections could stunt the pace of
recovery in economies reopening from lockdowns, or even lead to
fresh restrictions.
Categories: Business News
Luxury food industry turns sour amid global coronavirus lockdowns
Global demand for
premium foods like wagyu beef, bluefin tuna and caviar has
plunged with thousands of restaurants shuttered and many
economies sliding into recession amid the coronavirus pandemic.
Categories: Business News
COLUMN-Japan's yen could offer a win-win for nervy investors: Mike Dolan
With no truly safe bets during a
wild year for financial markets, there's now a hunt to cover all
eventualities and Japan's yen could offer a peculiar twin role.
Categories: Business News