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Updated: 4 years 21 weeks ago
Twitter places fact-check notification on Trump tweet about mail-in ballots
Twitter on
Tuesday placed a notification fact-checking tweets sent by
President Donald Trump claiming that mail-in ballots will be
"substantially fraudulent" and result in a "rigged election."
Categories: Business News
Brazil securities regulator probes reinsurer IRB, asset manager
Brazilian securities regulator
CVM on Tuesday said it was opening a broad investigation into
the reinsurer IRB Brasil Resseguros SA, its
management and shareholders, according to a statement.
Categories: Business News
Enbridge to raise rates for Express crude pipeline by 3%
Enbridge Inc proposed
raising tariff rates on its Express crude oil pipeline from the
International Boundary near Alberta, Canada, to points in
Wyoming and Montana by 3%, according to a filing on Monday.
Categories: Business News
UPDATE 8-LATAM becomes largest airline yet driven to bankruptcy by coronavirus
Categories: Business News
WRAPUP 1-Scotiabank, National Bank of Canada beat estimates even as loan-loss provisions erode profits
Bank of Nova Scotia and National
Bank of Canada reported better-than-expected
second-quarter results on Tuesday despite large profit declines
driven by spikes in loan-loss provisions due to the COVID-19
pandemic.
Categories: Business News
UPDATE 2-German chipmaker Infineon raises 1.06 bln euros with capital increase
German chipmaker Infineon
Technologies raised about 1.06 billion euros ($1.16
billion) by issuing new shares to partially finance its $10
billion acquisition of U.S.-based Cypress Semiconductor, it said
on Tuesday.
Categories: Business News
UPDATE 1-Italy's RCS says it may win damages in dispute with Blackstone after ruling
Milan's Arbitral Tribunal has
judged that the contracts over the sale of Italy's RCS
headquarters to Blackstone Group Inc in 2013 were valid
but found that the purchaser's behaviour may entitle the Italian
publisher to compensatory damages, RCS said on Tuesday.
Categories: Business News
Renault and Nissan rebuild their alliance to ride out the coronavirus storm
When Renault SA,
Nissan Motor Co and Mitsubishi Motors Corp
announced the last strategy plan for their Alliance in September
2017, the goal was to become the world's biggest automaker by
2022.
Categories: Business News
UPDATE 1-Disney to present reopening plan for Walt Disney World
Walt Disney Co will
present its proposal for a phased reopening of its Orlando,
Florida, theme parks to a local task force on Wednesday, the
company said in a statement.
Categories: Business News
UPDATE 1-Texas banks call off merger, citing coronavirus impact
Texas Capital Bancshares
and Independent Bank Group called off their
merger on Tuesday, saying the coronavirus pandemic has hit
markets too hard and crushed the benefits of tying up.
Categories: Business News
UPDATE 1-Cboe Global to reopen options trading floor on June 8
Exchange operator Cboe Global Markets
said on Tuesday it plans to reopen its options trading
floor in Chicago on June 8, more than two months after the
coronavirus outbreak forced it to move to all-electronic
trading.
Categories: Business News
GLOBAL MARKETS-Stocks rally, S&P 500 crosses 3,000 barrier; oil gains
Global equity and crude
oil markets rose on Tuesday as investors focused on China's
promise of more stimulus and prospects of a world economic
recovery, allowing them to push aside concerns that U.S.-China
rhetoric could threaten a trade deal between the world's two
largest economies.
Categories: Business News
French carmaker Renault to cut 5,000 jobs by 2024 - Le Figaro
French carmaker Renault
is about to announce plans to cut 5,000 jobs by 2024 in its
drive to save 2 billion euros ($2.20 billion) in costs,
according to a report published Tuesday by Le Figaro.
Categories: Business News
U.S. business borrowing for equipment falls about 7% in April - ELFA
U.S. companies' borrowings for capital
investments fell about 7% in April from a year earlier, the
Equipment Leasing and Finance Association (ELFA) said on
Tuesday.
Categories: Business News
MEDIA-Ryanair maps growth plan with 737 Max jets while rivals shrink - Bloomberg News
Categories: Business News
UPDATE 1-Brazil's JBS being sued by labor prosecutors over COVID-19 outbreak
Brazilian labor prosecutors
are suing meatpacker JBS SA seeking damages and
better work conditions after an outbreak of the novel
coronavirus at a meat plant in Ipumirim, in the southern state
of Santa Catarina, according to a prosecutors' statement on
Wednesday.
Categories: Business News
UPDATE 1-Brazil's Magazine Luiza shares jump 11% with higher sales in reopened stores
Brazilian retailer Magazine
Luiza SA expects stronger revenues in coming months
as it gradually reopens its stores shut by the coronavirus
pandemic while e-commerce accelerates, executives said on
Tuesday, as the company's first-quarter earnings sent shares up
more than 11%.
Categories: Business News
UPDATE 1-Canadian nursing home patients left in dirty diapers, cries for help ignored - report
Canadian soldiers helping
manage the coronavirus outbreak in nursing homes saw staff
leaving people in soiled diapers, ignoring calls for help and
reusing unsterilized equipment, an official report said on
Tuesday.
Categories: Business News
Blackstone risks paying damages in dispute with Italy's RCS
Milan's Arbitral Tribunal has
judged that the contracts over the sale of Italy's RCS
headquarters to Blackstone in 2013 were valid but found
that the purchaser's behaviour may entitle the Italian publisher
to compensatory damages, RCS said on Tuesday.
Categories: Business News
