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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

Zoom suspends U.S.-based activists' account after Tiananmen event

Wed, 2020-06-10 19:49
Zoom Video Communications temporarily shut the account belonging to a group of U.S.-based Chinese activists after they held an event to commemorate the 31st anniversary of China's Tiananmen Square crackdown, the activists said on Thursday.
Categories: Business News

Morning News Call - India, June 11

Wed, 2020-06-10 19:09
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06112020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 11:00 am: Prime Minister Narendra Modi at Indian Chamber of Commerce’s annual plenary session in New Delhi. 4:00 pm: Health ministry likely to brief on COVID-19 situation in
Categories: Business News

UPDATE 1-JD.com raises $3.87 bln in Hong Kong secondary listing -sources

Wed, 2020-06-10 18:58
Chinese e-commerce retailer JD.com has priced its shares at HK$226 ($29.16) each and raised about $3.87 billion in its Hong Kong secondary listing, according to two people with direct knowledge of the matter.
Categories: Business News

UPDATE 6-Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion

Wed, 2020-06-10 18:19
European food-ordering firm Just Eat Takeaway.com NV said on Wednesday it had agreed to buy U.S. peer Grubhub Inc in an all-stock deal that, if completed, would create the world's largest food delivery company outside China.
Categories: Business News

GLOBAL MARKETS-Asia stock rush pauses, bonds rally on sober Fed

Wed, 2020-06-10 18:08
Asian shares eased on Thursday while bonds rallied after a downbeat economic outlook from the U.S. Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to safeguard recovery.
Categories: Business News

Goldman Sachs employees to start returning to U.S. offices from June 22

Wed, 2020-06-10 17:38
Goldman Sachs Group Inc said on Wednesday it plans to start the return of an initial group of its employees to its offices in New York, Jersey City, Dallas and Salt Lake City from June 22.
Categories: Business News

UPDATE 1-Brazil prosecutors expand probe into Vale's efforts to shield workers from COVID-19

Wed, 2020-06-10 17:14
The office that enforces labor laws in Brazil's Para state has stepped up an investigation into potential shortcomings in mining giant Vale's efforts to protect workers from the coronavirus, authorities said on Wednesday.
Categories: Business News

PRESS DIGEST-British Business - June 11

Wed, 2020-06-10 17:07
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 11

Wed, 2020-06-10 16:53
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

UPDATE 3-Amazon pauses police use of its facial recognition tech for a year

Wed, 2020-06-10 16:53
Amazon.com Inc on Wednesday said it was implementing a one-year moratorium on police use of its facial recognition software, halting a business it long defended as many protested law enforcement brutality against people of color.
Categories: Business News

UPDATE 2-Boeing aims for key 737 MAX certification flight in late June - sources

Wed, 2020-06-10 16:15
Boeing Co is aiming to conduct a key certification test flight on its grounded 737 MAX jet in late June, two people briefed on the matter said on Wednesday.
Categories: Business News

UPDATE 3-U.S. lawmakers propose $22.8 bln in aid to semiconductor industry

Wed, 2020-06-10 15:48
A bipartisan group of U.S. lawmakers on Wednesday introduced a bill to provide more than $22.8 billion in aid for semiconductor manufacturers, aiming to spur the construction of chip factories in America amid a strategic technology rivalry with China.
Categories: Business News

Colorado group drops plans for anti-fracking ballot measure

Wed, 2020-06-10 15:47
A Colorado environmental group dropped plans to place an anti-fracking measure on the state's November ballot citing the COVID-19 pandemic, the second state initiative to be put off this year over virus worries.
Categories: Business News

GLOBAL MARKETS-Asia stocks set to fall on Fed's dour outlook

Wed, 2020-06-10 15:46
Asian stocks were set to fall on Thursday after gloomy economic projections from the U.S. Federal Reserve sent the greenback and most Wall Street shares lower.
Categories: Business News

U.S. FDA Commissioner says agency seeks fast review of COVID-19 products

Wed, 2020-06-10 15:30
The U.S. Food and Drug Administration is seeking to review treatments and tests for COVID-19 "as fast as we can" for emergency clearance, with the priority on those using high-level science, the agency’s commissioner said on Wednesday.
Categories: Business News

Australia's JB Hi-Fi issues new, higher forecast as domestic sales surge

Wed, 2020-06-10 15:20
Australia's JB Hi-Fi Ltd issued fresh annual financial forecast that was higher than its previously withdrawn guidance, as the electronics retailer saw a jump in sales at its domestic stores through the coronavirus pandemic.
Categories: Business News

News Corp to cut jobs in UK newspaper, radio business - memo

Wed, 2020-06-10 15:18
Rupert Murdoch's News Corp will need to cut jobs in its British newspaper and radio operations as part of a business review aimed at reducing costs, News UK Chief Executive Rebekah Brooks said in a letter to staff on Wednesday.
Categories: Business News

Disney eyes July reopen for California theme parks

Wed, 2020-06-10 15:15
Walt Disney Co plans to reopen the Disneyland Park and Disney California Adventure park on July 17, pending approval from state and local authorities.
Categories: Business News

UPDATE 5-Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion

Wed, 2020-06-10 15:10
European food-ordering firm Just Eat Takeaway.com NV said on Wednesday it had agreed to buy U.S. peer Grubhub Inc in an all-stock deal that, if completed, would create the world's largest food delivery company outside China.
Categories: Business News

White House works to move stalled airline contact tracing plan -sources

Wed, 2020-06-10 14:59
The White House wants a plan in place by Sept. 1 for airlines to collect contact tracing information from U.S.-bound international passengers, but will not immediately implement a Centers for Disease Control and Prevention (CDC) proposal, three people briefed on the matter said on Wednesday.
Categories: Business News

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