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Updated: 4 years 21 weeks ago

UPDATE 4-India says three soldiers killed in 'violent faceoff' on border with China

Tue, 2020-06-16 04:52
Three Indian soldiers were killed in a "violent faceoff" with Chinese troops on the disputed border, the Indian Army said on Tuesday, reporting the first casualties in 53 years to result from a clash between the nuclear-armed neighbours.
Categories: Business News

METALS-Copper up, latest Fed stimulus sparks buying spree

Tue, 2020-06-16 04:42
* Premium for cash over 3-month tin contract surges (Updates with official prices)
Categories: Business News

US STOCKS SNAPSHOT-Futures jump after record rise in monthly retail sales

Tue, 2020-06-16 04:38
U.S. stock futures rose sharply on Tuesday after data showed a record jump in retail sales in May, far above expectations, as Americans resumed spending after weeks of lockdown, underscoring views that the worst of the coronavirus impact was over.
Categories: Business News

CORRECTED-UPDATE 1-Germany launches coronavirus app as EU eyes travel revival

Tue, 2020-06-16 04:35
Germany appealed to the public on Tuesday to download a new smartphone app to help break the chain of coronavirus infections, one of several such apps that European governments hope will revive travel and tourism safely.
Categories: Business News

CORRECTED-German coronavirus smartphone tracing app goes live

Tue, 2020-06-16 04:35
Germany sought to mobilize the public on Tuesday to download a new smartphone app that seeks to help break the chain of coronavirus infections, one of several such apps in Europe that governments hope will revive travel and tourism.
Categories: Business News

China's COVID-19 vaccine candidate shows promise in human trials, CNBG says

Tue, 2020-06-16 04:30
China National Biotec Group (CNBG) said on Tuesday its experimental coronavirus vaccine has triggered antibodies in clinical trials and the company plans late-stage human trials in foreign countries.
Categories: Business News

UPDATE 2-France gives its drugs industry a shot in the arm to tackle pandemic

Tue, 2020-06-16 04:18
* Macron says to repatriate some drugs production (Adds more Macron comments, background)
Categories: Business News

UPDATE 2- Amazon to use AI tech in its warehouses to enforce social distancing

Tue, 2020-06-16 04:15
Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers.
Categories: Business News

EU antitrust regulators set July 20 deadline for Google, Fitbit deal

Tue, 2020-06-16 04:14
EU antitrust regulators will decide by July 20 whether to clear Alphabet Inc-owned Google's $2.1 billion bid for fitness trackers company Fitbit , a deal that has prompted concerns from consumer groups and privacy advocates.
Categories: Business News

GLOBAL MARKETS-Stimulus splurge restarts stocks rally

Tue, 2020-06-16 04:08
The global stocks rally got back on track on Tuesday, with more support from the Federal Reserve and the Bank of Japan helping to end a bumpy few days for financial markets.
Categories: Business News

US STOCKS-Futures jump on stimulus hopes ahead of retail sales report

Tue, 2020-06-16 04:01
* Futures rise: Dow 1.65%, S&P 1.16%, Nasdaq 1.09% (Adds details, quote; Updates prices)
Categories: Business News

McDonald's pins hope on reopenings as global sales fall 30%

Tue, 2020-06-16 04:00
McDonald's Corp said on Tuesday its global sales fell about 30% in the first two months of the current quarter due to the COVID-19 pandemic even as it signaled a recovery in demand as it starts to reopen restaurants around the world.
Categories: Business News

UPDATE 1-Carrefour, Google to launch voice grocery shopping service in France

Tue, 2020-06-16 03:54
Carrefour and Google said on Tuesday they were launching a voice-based grocery shopping service in France as part of the French retailer's ambition to accelerate its expansion into food e-commerce.
Categories: Business News

Fire at Petrobras refinery leaves facility operating at half capacity

Tue, 2020-06-16 03:50
Brazil state-controlled oil Petroleo Brasileiro SA said that a fire at its Duque de Caixas refinery left the facility operating with only half of its installed capacity.
Categories: Business News

CANADA STOCKS-TSX futures advance on higher oil prices, stimulus boost

Tue, 2020-06-16 03:50
Futures for Canada's main stock index rose on Tuesday as oil prices jumped on signs of improving demand, while sentiment was also supported by more economic stimulus from global central banks.
Categories: Business News

GLOBAL MARKETS-Stimulus splurge restarts stocks rally

Tue, 2020-06-16 01:00
The global stocks rally was back on track on Tuesday, with more support from the Federal Reserve and the Bank of Japan helping end a bumpy few days for financial markets.
Categories: Business News

UPDATE 2-India says officer, two soldiers killed in 'violent faceoff' on border with China

Tue, 2020-06-16 00:54
An Indian officer and two soldiers were killed in a "violent faceoff" with Chinese troops on the contested border, the Indian Army said on Tuesday, reporting the first casualties in decades to result from a clash between the nuclear-armed neighbours.
Categories: Business News

UPDATE 1-Cerberus tells Commerzbank it wants "substantial change" in leadership

Tue, 2020-06-16 00:53
Cerberus has shot back in a letter to Commerzbank, saying that it was committed to "substantial change" in the bank's leadership.
Categories: Business News

Cerberus tells Commerzbank it wants "substantial change" in leadership

Tue, 2020-06-16 00:39
Cerberus has shot back in a letter to Commerzbank, saying that it was committed to "substantial change" in the bank's leadership.
Categories: Business News

Singapore scientists to start human trials of COVID-19 vaccine in August

Tue, 2020-06-16 00:33
Singapore scientists testing a COVID-19 vaccine from U.S. firm Arcturus Therapeutics plan to start human trials in August after promising initial responses in mice.
Categories: Business News

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