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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

US STOCKS SNAPSHOT-S&P turns negative in volatile trade

Fri, 2020-06-12 09:55
The S&P 500 slipped into negative territory in volatile trading on Friday, as it flirted with a key long-term technical indicator, a day after a punishing session for Wall Street on fears of a resurgence in coronavirus infections and economic worries.
Categories: Business News

Kansas regulator mulls probe of Evergy's deal with hedge fund Elliott

Fri, 2020-06-12 09:50
A Kansas regulatory commission has disclosed that it is considering an investigation into whether power utility Evergy Inc's agreement with hedge fund Elliott Management could end up costing consumers.
Categories: Business News

UPDATE 2-Nigeria's daily oil output overfull OPEC+ deal -Kyari

Fri, 2020-06-12 09:45
Nigeria's current daily oil production overcomplies with its promised cuts under an agreement among major oil producers, the head of the state oil company said on Friday.
Categories: Business News

U.S., Brazil in talks on funding to buy 5G gear from Ericsson, Nokia -paper

Fri, 2020-06-12 09:06
The United States is in talks with Brazil and its local telecommunications companies on funding the acquisition of fifth-generation gear produced by Ericsson and Nokia, U.S. ambassador for Brazil Todd Chapman told Brazilian newspaper Folha de S.Paulo.
Categories: Business News

Mexican president says spoke to BlackRock CEO over Argentina debt restructuring

Fri, 2020-06-12 09:06
Mexico's president on Friday said he had spoken to BlackRock Chief Executive Officer Larry Fink at the request of the Argentine government to lobby the asset management firm to accept Argentina's offer during debt restructuring talks.
Categories: Business News

Robinhood users' favorite stocks roar back after selloff

Fri, 2020-06-12 08:45
Shares of airlines, cruise lines and other companies that have been popular with investors on the Robinhood trading app shot higher on Friday, a day after stocks suffered their worst one-day market rout in about three months.
Categories: Business News

UPDATE 2-European shares edge higher after torrid week of losses

Fri, 2020-06-12 08:22
* Travel and leisure stocks the worst weekly performers, down 11%
Categories: Business News

US STOCKS-Wall Street rises after biggest pullback since March

Fri, 2020-06-12 07:57
* Indexes up: Dow 0.76%, S&P 0.52%, Nasdaq 0.35% (Adds quote, details; Updates prices)
Categories: Business News

GLOBAL MARKETS-World shares stem losses as fresh lockdown fears fade

Fri, 2020-06-12 07:56
* U.S. stocks bounce back, but on track for worst week in 3 months
Categories: Business News

UPDATE 1-Brazil homebuilder You Inc resumes IPO plan pulled during pandemic

Fri, 2020-06-12 07:48
Brazilian homebuilder You Inc Incorporadora e Participações S.A. has resumed plans for an initial public offering on the Sao Paulo stock exchange after giving up the idea earlier during the coronavirus outbreak.
Categories: Business News

UPDATE 2-Bunds set for best week since February, worst week in eight for Italian risk premium

Fri, 2020-06-12 07:47
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Recasts, adds Spain rating review, updates prices)
Categories: Business News

UPDATE 1-Turkey slams "propaganda machine" Twitter over removal of accounts

Fri, 2020-06-12 07:37
Turkey fiercely criticised Twitter on Friday for suspending more than 7,000 accounts that supported President Tayyip Erdogan, saying the company was smearing the government and trying to redesign Turkish politics.
Categories: Business News

U.S. regulator sides with FCA in Jeep trade case against Mahindra

Fri, 2020-06-12 07:35
A U.S. regulator ruled that India's Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles NV's (FCA) Jeep brand, barring the sale of the vehicles in question.
Categories: Business News

Mexico's Puebla state says not yet ready to reopen automotive plants

Fri, 2020-06-12 07:24
Mexico's Puebla state, home to plants by German automakers Volkswagen AG and Audi, is not ready to reopen its automotive sector due to continuing concerns about the spread of the coronavirus, Puebla's Governor Miguel Barbosa said on Friday.
Categories: Business News

UPDATE 3-Facebook's Giphy deal draws UK competition watchdog's attention

Fri, 2020-06-12 07:01
Facebook's acquisition of popular GIF website Giphy is being scrutinized by the United Kingdom's competition watchdog for possibly reducing competition.
Categories: Business News

Brazilian homebuilder You resumes IPO plans despite COVID-19 hit

Fri, 2020-06-12 07:00
Brazilian homebuilder You Inc Incorporadora e Participações S.A. has resumed plans for an initial public offering on the Sao Paulo stock exchange after giving up the idea earlier this year due to the coronavirus outbreak.
Categories: Business News

US STOCKS-Wall Street rebounds after biggest pullback since March

Fri, 2020-06-12 06:41
* Indexes up: Dow 3.05%, S&P 2.48%, Nasdaq 2.52% (Updates to open)
Categories: Business News

UPDATE 1-India's Zydus Cadila to make Gilead's potential COVID-19 drug remdesivir

Fri, 2020-06-12 06:39
Indian drugmaker Zydus Cadila said on Friday it signed a non-exclusive licensing pact with Gilead Sciences Inc to manufacture and market antiviral drug remdesivir, the first treatment to show improvement in COVID-19 trials.
Categories: Business News

EQM delays WV-VA Mountain Valley natgas pipe to early 2021

Fri, 2020-06-12 06:37
EQM Midstream Partners LP delayed the expected completion of its Mountain Valley natural gas pipeline from West Virginia to Virginia to early 2021 and said it could boost the $5.4 billion project's cost by 5% to around $5.7 billion.
Categories: Business News

CANADA STOCKS-TSX gains on energy lift

Fri, 2020-06-12 06:37
Canada's main stock index rose on Friday, a session after stocks suffered their worst session in nearly 11 weeks, as the heavyweight energy sector jumped about 5% on higher oil prices.
Categories: Business News

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