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Business News

EU warns COVID-19 health crisis not over yet, urges vigilance

Reuters Company News - Fri, 2020-06-12 00:48
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

Reuters Company News - Fri, 2020-06-12 00:43
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

Reuters Company News - Fri, 2020-06-12 00:29
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

Reuters Business News - Fri, 2020-06-12 00:07
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

Reuters Company News - Fri, 2020-06-12 00:05
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

Reuters Business News - Fri, 2020-06-12 00:01
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

GLOBAL MARKETS-Global shares, oil slump as coronavirus fears take hold

Reuters Company News - Fri, 2020-06-12 00:00
* Graphic: World stocks market cap loss https://tmsnrt.rs/30zdOIL
Categories: Business News

European shares edge lower as virus worries take centre stage

Reuters Company News - Thu, 2020-06-11 23:51
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

Reuters Company News - Thu, 2020-06-11 23:46
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

Reuters Business News - Thu, 2020-06-11 23:44
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?

Reuters Company News - Thu, 2020-06-11 23:42
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

Reuters Business News - Thu, 2020-06-11 23:20
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

Reuters Business News - Thu, 2020-06-11 23:18
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

Reuters Company News - Thu, 2020-06-11 23:17
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

Reuters Business News - Thu, 2020-06-11 23:13
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

Reuters Company News - Thu, 2020-06-11 22:57
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

Reuters Company News - Thu, 2020-06-11 22:21
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

Reuters Company News - Thu, 2020-06-11 22:20
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

Reuters Company News - Thu, 2020-06-11 22:00
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

Reuters Company News - Thu, 2020-06-11 22:00
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
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