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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-Brazil retail tycoon Diniz says local supermarkets were fast to adjust to COVID-19

Thu, 2020-05-21 15:16
Brazilian retail veteran and Carrefour SA board member Abílio Diniz said on Thursday Brazil has been faster than some European countries to adopt new protocols to cope with the coronavirus pandemic.
Categories: Business News

UPDATE 2-Trump declares state of emergency as Michigan floodwaters recede

Thu, 2020-05-21 15:14
Floodwaters that breached two dams in central Michigan began to recede on Thursday after displacing thousands of people while spreading to a Dow Chemical plant and an adjacent hazardous waste cleanup site.
Categories: Business News

GM starts to reopen plants in Mexico

Thu, 2020-05-21 15:13
General Motors Co said that it was on Thursday gradually restarting the transmissions and motors lines at its Mexican plants in Ramos Arizpe in the northern state of Coahuila and in the central city of Silao.
Categories: Business News

UPDATE 9-U.S. secures 300 million doses of potential AstraZeneca COVID-19 vaccine

Thu, 2020-05-21 14:34
* AstraZeneca says it has deals for 400 million doses overall
Categories: Business News

UPDATE 1-U.S. FDA approves Parkinson's treatment from Sunovion Pharma

Thu, 2020-05-21 14:30
The U.S. Food and Drug Administration on Thursday approved a sublingual film from Sunovion Pharmaceuticals Inc, a unit of Japan-based Sumitomo Dainippon Pharma, for the treatment of "off" episodes in patients with Parkinson's disease, the company said.
Categories: Business News

UPDATE 1-Splunk expects higher cloud services demand on remote working boost

Thu, 2020-05-21 14:21
Data analytics software maker Splunk Inc said on Thursday it expects higher demand for its cloud services as people globally shift to working from home because of the coronavirus outbreak.
Categories: Business News

Lear Corp asks some Mexico workers to restart activity on Friday

Thu, 2020-05-21 14:21
U.S. auto parts maker Lear Corp has asked some workers in Mexico to restart activity on Friday, including training sessions on safety, the company said in a message to employees. (Reporting by Daina Beth Solomon)
Categories: Business News

UPDATE 6-Trump visits Ford plant in politically crucial Michigan, leaves mask off for cameras

Thu, 2020-05-21 14:00
President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid tensions with its Democratic governor during the coronavirus pandemic, opting not to wear a protective face mask for the cameras.
Categories: Business News

U.S. FDA approves Parkinson's treatment from Sunovion Pharma

Thu, 2020-05-21 13:58
The U.S. Food and Drug Administration on Thursday approved a sublingual film from Sunovion Pharmaceuticals Inc, a unit of Japan-based Sumitomo Dainippon , for the treatment of "off" episodes in patients with Parkinson's disease, according to a label published by the agency.
Categories: Business News

UPDATE 2-GM restarting Silao, Mexico eight-speed transmission line

Thu, 2020-05-21 13:53
General Motors Co on Thursday was restarting the eight-speed transmission line at its plant in Silao in Mexico's Guanajuato state, according to a company message sent to workers.
Categories: Business News

Abbott says new data on rapid coronavirus test used in White House shows high accuracy

Thu, 2020-05-21 13:44
Abbott Laboratories on Thursday said an analysis of data from an ongoing study of its ID NOW rapid test, which is used in the White House and elsewhere to spot COVID-19, shows it is highly accurate when compared with industry-standard tests.
Categories: Business News

UPDATE 1-China does not seem to understand independence of Canada's judiciary -Trudeau

Thu, 2020-05-21 13:35
China does not appear to understand that Canada's judiciary is independent, Prime Minister Justin Trudeau said on Thursday, taking a rare public swipe at Beijing at a time when bilateral ties are poor.
Categories: Business News

Judgment on key aspect of Huawei CFO's extradition trial in Canada due next Wednesday

Thu, 2020-05-21 13:16
A decision on a key legal aspect of the trial over whether Huawei Technologies Chief Financial Officer Meng Wanzhou can be extradited to the United States from Canada will be announced next Wednesday, the British Columbia Supreme Court said on Thursday.
Categories: Business News

U.S. doctors call for remdesivir data to guide coronavirus treatment

Thu, 2020-05-21 13:08
U.S. doctors and others in the scientific community are calling for the release of data that convinced health regulators to authorize emergency use of Gilead Sciences Inc's antiviral drug remdesivir to treat COVID-19, so they can direct limited supplies on the right patients.
Categories: Business News

UPDATE 1-U.S. FDA names 27 coronavirus antibody tests no longer ok to be sold

Thu, 2020-05-21 13:05
The U.S. Food and Drug Administration on Thursday identified 27 coronavirus antibody tests that should no longer be sold in the United States, following up on new regulations meant to weed out dubious tests and players that had entered the country under loose rules set in March.
Categories: Business News

US STOCKS-Wall Street finishes down as U.S.-China tensions heighten trade deal worries

Thu, 2020-05-21 12:12
* Indexes: Dow -0.41%, S&P 500 -0.78%, Nasdaq -0.97% (Updates with market close)
Categories: Business News

JBS resumes chicken slaughtering at Brazil plant after COVID-19 outbreak -statement

Thu, 2020-05-21 12:10
Brazilian meatpacker JBS SA said on Thursday that operations at its plant in Passo Fundo, in the southern state of Rio Grande do Sul, were allowed to resume after the facility was closed by authorities due to an outbreak of the novel coronavirus.
Categories: Business News

UPDATE 1-Floodwaters in Michigan start to recede after heavy rains

Thu, 2020-05-21 12:03
Floodwaters that breached two privately-owned dams in Michigan began to recede on Thursday after displacing thousands of people and spreading to a Dow Chemical plant and a nearby hazardous waste cleanup site.
Categories: Business News

UPDATE 2-Mexico ready to negotiate over power market shake-up

Thu, 2020-05-21 12:01
Mexico's president on Thursday said he was ready to negotiate over changes to the electricity market that angered firms and foreign allies, opening the door to a potential compromise that could ease tensions over energy policy.
Categories: Business News

US STOCKS-Wall Street finishes down on U.S.-China tensions

Thu, 2020-05-21 12:00
* Best Buy falls as same-store sales slide (Updates with market close)
Categories: Business News

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