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Business News

U.S. insurers ask Treasury, Fed to back pandemic payouts for trade credit coverage

Reuters Company News - Thu, 2020-06-04 11:50
U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chains hit by the novel coronavirus pandemic, three people familiar with the matter said.
Categories: Business News

American Airlines announces 14 officer departures, memos show

Reuters Company News - Thu, 2020-06-04 11:48
American Airlines Group Inc told employees on Thursday that 14 officers will be as leaving the company as part of leadership changes in which another five officer positions will not be filled, according to memos seen by Reuters.
Categories: Business News

UPDATE 6-U.S. senators move to tighten sanctions on delayed Russia-to-Germany gas pipeline

Reuters Company News - Thu, 2020-06-04 11:42
* Germany criticizes U.S. actions against the project (Adds comment from Nord Stream 2)
Categories: Business News

EMERGING MARKETS-Latam stocks, FX fall from near 3-month highs as risk rally pauses

Reuters Company News - Thu, 2020-06-04 11:18
Latin American stocks and currencies came off near three-month highs on Thursday as a recent rally in risk assets, driven by hopes of a post-coronavirus economic recovery, lost steam. MSCI's index of Latam stocks and currencies broke a three-day win
Categories: Business News

UPDATE 3-U.S. to revise Chinese passenger airline ban after Beijing move -sources

Reuters Company News - Thu, 2020-06-04 11:17
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Categories: Business News

UPDATE 4-Chinese and Iranian hackers targeted Biden and Trump campaigns, Google says

Reuters Company News - Thu, 2020-06-04 11:14
State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.
Categories: Business News

Hedge fund WorldQuant hires ex-Google scientist to up its AI game

Reuters Company News - Thu, 2020-06-04 10:55
Hedge fund WorldQuant hired computer scientist Yoram Singer, a former principal scientist at Google, as its chief AI scientist as Wall Street races to use machine learning to decipher trading signals, a person familiar with the matter said on Thursday.
Categories: Business News

UPDATE 3-AstraZeneca targets 2 bln doses, poor countries with COVID vaccine deals

Reuters Company News - Thu, 2020-06-04 10:52
* Trial results could be available in August - CEO (Adds details on likely timing of trial results, more partners)
Categories: Business News

UPDATE 2-U.S. to revise Chinese passenger airline ban after Beijing move -sources

Reuters Company News - Thu, 2020-06-04 10:43
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Categories: Business News

Tesla's Elon Musk calls for breakup of Amazon in tweet

Reuters Company News - Thu, 2020-06-04 10:38
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up.
Categories: Business News

Brazil energy council clears way for direct sale of hydrated ethanol to gas stations

Reuters Company News - Thu, 2020-06-04 10:35
Brazil's CNPE national energy council approved on Thursday a resolution that establishes rules allowing producers of hydrated ethanol fuel to sell directly to gas station owners, according to a statement.
Categories: Business News

UPDATE 3-Chinese and Iranian hackers targeted Biden and Trump campaigns, Google says

Reuters Company News - Thu, 2020-06-04 10:30
State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.
Categories: Business News

US STOCKS-Wall Street ends four-day rally in advance of May jobs report

Reuters Company News - Thu, 2020-06-04 10:11
* American Airlines jumps on plans to boost U.S. flights in July
Categories: Business News

GRAINS-Soy near 2-month top, wheat soars as export outlook brightens

Reuters Company News - Thu, 2020-06-04 10:08
U.S. soybean futures hit their highest in nearly two months on Thursday and wheat futures rose more than 2% as a weaker dollar bolstered export prospects for U.S. grains and oilseeds, analysts said. Corn futures followed the firm trend. As of 12:49 p.m. CDT (1749 GMT), Chicago Board of Trade July soybeans were up 12 cents at
Categories: Business News

GLOBAL MARKETS-ECB sends euro higher, stocks pause after week-long rally

Reuters Company News - Thu, 2020-06-04 10:08
The euro jumped to a 12-week high against the dollar on Thursday after another shot of European Central Bank stimulus to help economies slammed by the coronavirus pandemic, but world equity markets pulled in the reins after a strong seven-day run.
Categories: Business News

UPDATE 5-U.S. senators move to tighten sanctions on delayed Russia-to-Germany gas pipeline

Reuters Company News - Thu, 2020-06-04 10:07
* Germany criticizes U.S. actions against the project (Updates with announcement of bill)
Categories: Business News

New Amazon Prime series brings FIFA scandal to television

Reuters Company News - Thu, 2020-06-04 09:55
A new Amazon Prime Video series starting this week called "El Presidente" casts a satirical look at South American football’s dirty dealings through the eyes of deceased former Argentine football boss Julio Grondona.
Categories: Business News

UPDATE 4-U.S. court blocks sales of Bayer weed killer

Reuters Company News - Thu, 2020-06-04 09:53
* Bayer says seeking new EPA registration for 2021 (Adds comments from EPA, Corteva and U.S. farmers)
Categories: Business News

U.S. to revise Chinese passenger airline ban: sources

Reuters Business News - Thu, 2020-06-04 09:50
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Categories: Business News

U.S. to revise Chinese passenger airline ban -sources

Reuters Company News - Thu, 2020-06-04 09:43
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Categories: Business News
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