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Updated: 4 years 21 weeks ago
Japanese shares soar as U.S. Fed widens corporate bond buying
Japanese shares gained on
Tuesday, tracking an overnight surge on Wall Street after the
U.S. Federal Reserve widened its corporate bond purchasing
program to support financial markets.
Categories: Business News
FCC chair calls T-Mobile U.S. network outage 'unacceptable', vows probe
The Federal Communications Commission
(FCC) will probe an extensive T-Mobile network outage
that impacted customers across the United States, the head of
the U.S. telecommunications regulatory agency said on Monday.
Categories: Business News
Lim Advisors presses Nichiigakkan for extension in Bain Capital offer -letter
Investment fund Lim Advisors is
pressing management of Nichiigakkan Co to extend the
deadline of a tender offer from Bain Capital, according to a
letter sent to management of the Japanese nursing home operator.
Categories: Business News
GLOBAL MARKETS-Asian shares jump, yields rise as Fed readies corp bond buying
Asian shares and Wall Street
futures rallied on Tuesday as the formal start of the Federal
Reserve's corporate bond buying programme boosted global
investor sentiment and calmed earlier worries about a second
wave of coronavirus infections.
Categories: Business News
UPDATE 2-U.S., China to each allow 4 weekly flights for airlines; Delta to fly next week
The United States and China will each
allow four weekly flights between the two countries, the U.S.
Transportation Department said on Monday, easing a standoff on
travel restrictions in the midst of the novel coronavirus
pandemic.
Categories: Business News
PRESS DIGEST- British Business - June 16
June 16 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Categories: Business News
PRESS DIGEST- Financial Times - June 16
The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Categories: Business News
MEDIA-Moderna says vaccine efficacy data could come by Thanksgiving - Bloomberg News
Categories: Business News
UPDATE 3-U.S. airlines threaten to ban passengers who refuse to wear masks
U.S. airline passengers who refuse to
wear facial coverings during the novel coronavirus pandemic
could have their flying privileges revoked, the industry's main
lobby group said on Monday.
Categories: Business News
UPDATE 1-Brazilian retailer Via Varejo raises $864 mln in share sale, sources say
Brazilian retailer Via Varejo
raised 4.45 billion reais ($864 million) with the
sale of 297 million shares, two sources close to the company
said on Monday.
Categories: Business News
GLOBAL MARKETS-Asian stocks set to track U.S. gains as Fed steps up support
Asian stocks were set to
follow a late Wall Street surge on Tuesday, after the Federal
Reserve's fresh move to support financial markets through the
coronavirus pandemic cheered investors.
Categories: Business News
UPDATE 1-U.S., China to each allow 4 weekly flights for airlines; Delta to fly next week
The United States and China will each
allow four weekly flights between the two countries, the U.S.
Transportation Department said on Monday, easing a standoff on
travel restrictions in the midst of the novel coronavirus
pandemic.
Categories: Business News
Royalty Pharma IPO prices at top of range in biggest 2020 U.S. listing -sources
Royalty Pharma is set
to sell shares in its U.S. initial public offering (IPO) at the
top end its target range, in the biggest U.S. listing of the
year so far, according to people familiar with the matter.
Categories: Business News
Brazilian retailer Via Varejo raises $864 mln in share offering, source says
Brazilian retailer Via Varejo
will raise 4.45 billion reais ($864 million) with the sale of
297 million shares, one source close to the company said on
Monday.
Categories: Business News
The future of media: more digital and more economic pain, Reuters Institute says
The coronavirus outbreak has
prompted a significant increase in news consumption but the
economic turmoil is forcing news businesses to accelerate their
move to digital, The Reuters Institute for the Study of
Journalism said.
Categories: Business News
UPDATE 3-Embraer secures $600 mln loan as commercial aviation chief departs
Embraer SA
said on Monday it had secured a $600 million loan,
partly backed by Brazil's government, at the same time as a key
executive departed the planemaker weeks after a potentially
transformational deal with Boeing Co fell apart.
Categories: Business News
Delta to resume passenger flights to China next week
Delta Air Lines said on Monday
it would resume passenger flights to Shanghai from Seattle, via
Seoul, next week following Chinese government approval for U.S.
carriers to fly there, with once weekly flights from Seattle and
Detroit beginning in July.
Categories: Business News
UPDATE 2-U.S. companies can work with Huawei on 5G, other standards -Commerce Dept
The United States on Monday confirmed a
Reuters report that it will amend its prohibitions on U.S.
companies doing business with China's Huawei to allow
them to work together on setting standards for next-generation
5G networks.
Categories: Business News
UPDATE 2-Embraer secures $600 mln loan as commercial aviation chief departs
Embraer SA said on
Monday that it had secured a $600 million loan, partly backed by
Brazil's government, at the same time as a key executive
departed the planemaker weeks after a potentially
transformational deal with Boeing Co fell apart.
Categories: Business News
Epic Games nears funding at $17 bln value - Bloomberg News
Epic Games, the creator of the popular
video game "Fortnite", is close to raising a $750 million round
of funding at a valuation of about $17 billion, Bloomberg News
reported on Monday, citing people familiar with the matter.
Categories: Business News