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Updated: 4 years 21 weeks ago
UPDATE 3-Amazon says CEO Bezos willing to testify before U.S. Congress
Amazon.com Inc said
on Monday its founder and Chief Executive Jeff Bezos was willing
to testify to a congressional panel investigating potential
violations of U.S. antitrust law by big technology companies.
Categories: Business News
Tesla negotiating incentives for possible Texas vehicle assembly plant -report
Electric carmaker Tesla Inc is
negotiating possible incentives with a Texas county that could
bring a new auto assembly plant to the area near Austin, the
state capital, the Austin American-Statesman reported on Monday.
Categories: Business News
UPDATE 3-Mexican president says he would sell gasoline to Venezuela if asked
Mexican President Andres
Manuel Lopez Obrador said on Monday his country would, for
"humanitarian" reasons, sell gasoline to Venezuela if asked to
do so, despite a raft of U.S. sanctions imposed on the South
American country and its state-run oil company, PDVSA.
Categories: Business News
Pathway finds ally in Ares for US$1.28bn debt deal
NEW YORK, June 15 (LPC) - Veterinary services provider
Pathway Vet Alliance has turned to the private debt market to
place a US$255m second-lien loan that would have made a larger
debt package a harder sell among investors.
Categories: Business News
Hollywood restarts movie production with 'Jurassic World: Dominion' and 'Avatar'
Universal Studios
said on Monday it expects to resume production in early July on
"Jurassic World: Dominion" as Hollywood begins to emerge from a
three-month coronavirus shutdown.
Categories: Business News
UPDATE 3-Coronavirus vaccine maker CureVac plans U.S. listing in July
German drugmaker CureVac, in
which the government is taking a sizeable stake to help fund a
COVID-19 vaccine, is planning an initial public offering in the
United States next month, a finance ministry document seen by
Reuters on Monday showed.
Categories: Business News
UPDATE 2-U.S. Supreme Court clears way for pipeline to cross Appalachian Trail
Ruling against
environmentalists, the U.S. Supreme Court on Monday decided that
the federal government has the authority to allow a proposed
$7.5 billion natural gas pipeline to cross under the popular
Appalachian Trail in rural Virginia.
Categories: Business News
UPDATE 1-Brazil treasury secretary quits, rattling markets
Brazilian Treasury Secretary
Mansueto Almeida will leave office in August, news that roiled
financial markets on Monday as investors worried that a country
reeling from pandemic and recession was losing a leading
advocate for fiscal discipline.
Categories: Business News
Santander's U.S. unit to close offices on June 19 commemorating Juneteenth
Santander Holdings USA Inc, a unit of
Madrid-based Banco Santander S.A., said on Monday it
would close its offices and branches at noon on June 19, to
commemorate 'Juneteenth', or the end of slavery in the United
States.
Categories: Business News
UPDATE 2-Family of Rayshard Brooks demands justice after Atlanta police fatally shoot him in the back
The family of Rayshard Brooks, a black
man whose death reignited protests in Atlanta over the weekend,
on Monday said they were "heartbroken" and "tired" of the racial
injustice that they said led to Brooks' death at the hands of
Atlanta police.
Categories: Business News
UPDATE 3-Sun-seeking Germans touch down in Mallorca in cautious tourism revival
Hundreds of
sunseekers from Germany landed on the Spanish island of Mallorca
on Monday, the first tourists allowed into the country since
borders were shut in March to tackle the coronavirus pandemic.
Categories: Business News
UPDATE 3-Primark the star attraction as England's stores reopen after lockdown
Categories: Business News
Square Capital says it has issued $820 mln of PPP loans
Square Capital, a unit of
payments company Square Inc, said on Monday it has issued
more than $820 million worth of loans to small businesses to
help them weather the economic shutdown brought on by the
coronavirus pandemic.
Categories: Business News
MEDIA-Pfizer-Backed Viatris Eyes Jumbo Bond Sale for Mylan Combination - Bloomberg
Categories: Business News
UPDATE 2-GE picks Embraer planemaking chief to run aviation unit
General Electric Co on Monday
tapped the planemaking head of Brazil's Embraer to
run its key aircraft engines division on Monday, as the global
aviation industry grapples with disruption caused by the
COVID-19 pandemic.
Categories: Business News
LSE offers no concessions to avert deeper EU probe of Refinitiv deal-sources
The London Stock
Exchange will not offer concessions to EU antitrust
regulators reviewing its $27 billion bid for data and analytics
company Refinitiv, two people familiar with the matter said, a
move which will likely trigger a four-month probe.
Categories: Business News
Amazon says CEO Bezos willing to testify before Congress - NYT
Amazon.com Inc Chief Executive
Officer Jeff Bezos is willing to testify before a House
antitrust investigation into the market power of major tech
companies, the New York Times reported https://www.nytimes.com/2020/06/15/technology/amazon-jeff-bezos-congress.html
on Monday, citing a lawyer for Amazon who wrote to lawmakers.
Categories: Business News
UPDATE 1-U.S. Supreme Court rules for pipeline in Appalachian Trail dispute
Ruling against
environmentalists, the U.S. Supreme Court on Monday decided that
the federal government has the authority to allow a proposed
$7.5 billion natural gas pipeline to cross under the popular
Appalachian Trail in rural Virginia.
Categories: Business News