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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 4 years 21 weeks ago

UPDATE 1-Britain to provide anti-viral drug remdesivir to some COVID-19 patients

Tue, 2020-05-26 02:32
Britain will provide anti-viral drug remdesivir to certain COVID-19 patients that it is most likely to benefit as part of a collaboration with manufacturer Gilead Sciences, the health ministry said on Tuesday.
Categories: Business News

US STOCKS-S&P 500 futures top 3,000 points on recovery hopes

Tue, 2020-05-26 02:31
* Futures up: Dow 2.02%, S&P 1.85%, Nasdaq 1.81% (Changes dateline, adds details, updates prices)
Categories: Business News

Deals of the day-Mergers and acquisitions

Tue, 2020-05-26 02:30
The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday:
Categories: Business News

UPDATE 3-Coffee looks hot as JDE Peet's aims to raise $2.5 bln in IPO

Tue, 2020-05-26 02:26
* Saving time with digital roadshows, listing on June 3 (Updates with books covered already)
Categories: Business News

Scotiabank profit drops 41.5% on higher loan losses

Tue, 2020-05-26 02:18
Bank of Nova Scotia said on Tuesday second-quarter profit fell 41.5%, hit by a jump in loan-loss provisions due to the COVID-19 outbreak.
Categories: Business News

'How about next June?' Small meat processors backlogged as virus idles big plants

Tue, 2020-05-26 02:00
Inside the small-scale Iowa abattoir Stanhope Locker and Market, owner Shaunna Zanker yawns with exhaustion as she listens to yet another farmer asking her to slaughter his pigs.
Categories: Business News

RPT-'This could be the one that gets me,' says oilfield service veteran

Tue, 2020-05-26 02:00
Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co for the fifth time in 15 years when his career came to a halt.
Categories: Business News

A Florida toy importer braces for retail upheaval

Tue, 2020-05-26 02:00
Most U.S. states have begun to reopen their economies, but Jay Foreman, chief executive of Basic Fun, said he's more worried than ever.
Categories: Business News

Southern European sovereign, junk debt CDS fall on broad market rally

Tue, 2020-05-26 01:44
The cost of insuring exposure to debt issued by southern European governments as well as by low-grade European corporates fell on Tuesday amid a broad market rally inspired by hopes that the world economy was on track for re-opening.
Categories: Business News

UPDATE 3-Oil prices climb as faith in supply cuts grows

Tue, 2020-05-26 01:00
* Russia sees oil market balance by June-July (Updates prices, adds comment)
Categories: Business News

As Chinese authorities expand use of health tracking apps, privacy concerns grow

Tue, 2020-05-26 00:59
China's health tracking QR codes, which have played a key part in the country's successful containment of the coronavirus, now look set to play a much broader role in daily life as local authorities dream up new uses for the technology.
Categories: Business News

Uber India cuts 600 jobs amid coronavirus outbreak

Mon, 2020-05-25 23:09
Ride hailing company Uber Technologies Inc's Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus lockdown that has brought businesses to a grinding halt, Uber India President Pradeep Parameswaran said on Tuesday. (Reporting by Chandini Monnappa in Bengaluru; Editing by Vinay Dwivedi)
Categories: Business News

UPDATE 2-Oil prices climb as faith grows that suppliers will meet pledge to cut output

Mon, 2020-05-25 23:03
* OPEC+ countries to meet in June to discuss maintaining cuts (Updates prices)
Categories: Business News

Frozen UK property funds face existential crisis

Mon, 2020-05-25 23:00
* 20/29 funds in MSCI/AREF institutional index delayed payments
Categories: Business News

JGBs edge lower as investors worry over government debt issuance

Mon, 2020-05-25 22:59
Japanese government prices fell on Tuesday as investors remained vigilant over a possible increase in the issuance of government bonds, while the 40-year bond sale drew ample investor demand.
Categories: Business News

U.S. stock futures rise 2% to 3,012 pts

Mon, 2020-05-25 22:56
U.S. stock futures rose 2% on Tuesday and breached a major chart barrier as investors brushed aside China-U.S. trade tension and braced for a re-opening of the world economy.
Categories: Business News

UPDATE 3-Fujifilm COVID-19 drug research spills into June, dashing hopes of quick approval

Mon, 2020-05-25 22:51
Fujifilm Holdings Corp will continue research on Avigan into June, Japan's government said on Tuesday, effectively dashing hopes by Prime Minister Shinzo Abe that the drug would be approved as a COVID-19 treatment this month.
Categories: Business News

UPDATE 2-Australian PM calls for economic overhaul to fuel post-coronavirus recovery

Mon, 2020-05-25 22:50
* Six cases from ship recently arrived from the UAE recorded (Adds details of cluster on vessel from UAE)
Categories: Business News

Japanese face "new normal" after coronavirus emergency lifted

Mon, 2020-05-25 22:44
A day after Japan ended its state of emergency, Tokyo residents took to the streets with a mixture of relief and trepidation as they prepared for a "new normal" of living with the coronavirus.
Categories: Business News

UPDATE 1-Indicative IPO price values JDE Peet's at up to 16 bln euros

Mon, 2020-05-25 22:41
Coffee company JDE Peet's on Tuesday set an indicative price range of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros ($16.3-17.5 billion).
Categories: Business News

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