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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

Irish regulator reaches preliminary decision in Twitter privacy probe

Fri, 2020-05-22 11:30
Twitter may be the first big technology firm to face a fine by the EU's lead regulator under the region's tougher data protection rules after it submitted a preliminary decision in a probe into the social media firm to other member states.
Categories: Business News

GLOBAL MARKETS-Hong Kong tensions unnerve world stock markets, oil tumbles

Fri, 2020-05-22 11:19
Oil prices tumbled and global equity markets wavered on Friday as China's move to impose a new security law on Hong Kong further strained U.S.-Sino relations and clouded economic recovery prospects.
Categories: Business News

UPDATE 1-Brazil's Lojas Renner sees margin under pressure in Q2 amid slow store reopening

Fri, 2020-05-22 11:07
Brazilian fashion retailer Lojas Renner SA still sees margins under pressure in the second quarter even though sales have been improving since early April as the company slowly reopens its brick-and-mortar stores, executives said on Friday.
Categories: Business News

UPDATE 1-Organizers cancel 2020 New York auto show

Fri, 2020-05-22 10:55
Organizers said Friday they were canceling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavirus pandemic and the venue's use as a field hospital.
Categories: Business News

'Avatar' movie sequel to resume production in New Zealand

Fri, 2020-05-22 10:53
A sequel to James Cameron's sci-fi movie blockbuster "Avatar" will go back into production next week for the first time since it was shuttered by worldwide efforts to contain the coronavirus, producer Jon Landau said on Friday.
Categories: Business News

UPDATE 7-Pakistani airliner carrying 99 plunges into Karachi houses

Fri, 2020-05-22 10:49
* Crash happened on eve of Eid (Adds account from second survivor)
Categories: Business News

U.S. charges Hollywood film distributor with defrauding BlackRock fund

Fri, 2020-05-22 10:42
U.S. prosecutors on Friday charged the founder and former owner of a Hollywood movie production and distribution company with defrauding a BlackRock Inc investment fund out of about$14 million to pay for luxuries including a Beverly Hills mansion.
Categories: Business News

Automaker trade opposes effort to freeze U.S. fuel efficiency standards

Fri, 2020-05-22 10:31
A group representing many major automakers on Friday said it was intervening in a lawsuit that says the Trump administration did not go far enough in weakening -- but not freezing -- Obama administration standards to revise fuel economy standards.
Categories: Business News

US STOCKS-Wall Street mixed as China-U.S. tensions weigh

Fri, 2020-05-22 10:30
* Indexes: Dow -0.11%, S&P 500 +0.14%, Nasdaq +0.36% (Updates with afternoon trading)
Categories: Business News

Brazil's Lojas Renner sees margin under pressure in Q2 amid slow store reopening

Fri, 2020-05-22 10:19
Brazilian fashion retailer Lojas Renner SA still sees margins under pressure in the second quarter even though sales have been improving since early April as the company slowly reopens its brick-and-mortar stores, executives said on Friday.
Categories: Business News

Organizers cancel 2020 New York auto show

Fri, 2020-05-22 10:06
Organizers said Friday they were cancelling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavirus pandemic and the venue's use as a field hospital.
Categories: Business News

UPDATE 4-UK to introduce quarantine for international arrivals from June 8

Fri, 2020-05-22 09:59
* Airlines and business groups say move sends wrong message (Adds reaction, details,)
Categories: Business News

UPDATE 6-China's planned security agencies for Hong Kong a 'death knell' for autonomy -Pompeo

Fri, 2020-05-22 09:52
* Last British governor calls China leaders 'frightened bullies'
Categories: Business News

MEDIA-Southwest Airlines signals jobs risk with plan for 30% cut in flying - Bloomberg News

Fri, 2020-05-22 09:49
-- Note: Reuters has not verified this story and does not vouch for its accuracy
Categories: Business News

UPDATE 3-French court orders insurer AXA to pay restaurant's COVID-19 losses

Fri, 2020-05-22 09:48
A Paris court ruled that insurer AXA must pay a restaurant owner two months' worth of coronavirus-related revenue losses, the restaurateur's lawyer said on Friday, potentially opening the door to a wave of similar litigation.
Categories: Business News

Air bridges not for now but should not rule out in future -UK interior minister

Fri, 2020-05-22 09:01
Britain should not rule out the idea of so-called air bridges with countries who have low infection rates of COVID-19 in the future, interior minister Priti Patel said on Friday.
Categories: Business News

UPDATE 2-U.S. senators urge Delta, JetBlue to restore employee hours

Fri, 2020-05-22 09:00
A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees' hours, calling them contrary to the requirements of taxpayer-funded payroll assistance.
Categories: Business News

UPDATE 2-European stocks flat as U.S.-China woes weigh, but post weekly gain

Fri, 2020-05-22 08:49
* Burberry gains after views on Asia recovery (Updates to market close)
Categories: Business News

UPDATE 2-French court orders insurer AXA to pay restaurant's COVID-19 losses

Fri, 2020-05-22 08:48
A Paris commercial court ruled that insurer AXA must pay a restaurant owner two months' worth of coronavirus-related revenue losses, the restaurateur's lawyer said on Friday, possibly opening the door to a wave of similar litigation.
Categories: Business News

UPDATE 1-Evofem non-hormonal birth control gel gets FDA approval, to be priced at up to $275

Fri, 2020-05-22 08:47
The U.S. Food and Drug Administration on Friday approved Evofem Biosciences Inc's birth control gel, ushering in the first non-hormonal contraceptive for women in over three decades, sending its shares up 3.6%.
Categories: Business News

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