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Updated: 4 years 22 weeks ago

Euro zone investor morale improves but road to normality is long - Sentix

Mon, 2020-06-08 00:30
Investor morale in the euro zone improved in June and an assessment of expectations rose to its highest level since November 2017 as the bloc "is waking up from its deep sleep", a survey showed on Monday.
Categories: Business News

MORNING BID-Controlling that other curve

Mon, 2020-06-08 00:22
(A look at the day ahead from EMEA deputy markets editor Sujata Rao. The views expressed are her own.) While most of the talk of late has been about flattening coronavirus infection curves, another curve has been grabbing markets' attention.
Categories: Business News

HK residents rush for offshore bank accounts on China law worries -sources

Mon, 2020-06-08 00:14
Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from China's decision to impose a national security law on the city, five people said.
Categories: Business News

Blackstone lowers NIBC takeover bid on coronavirus uncertainty

Sun, 2020-06-07 23:53
U.S. private equity firm Blackstone has lowered its takeover bid for the Dutch bank NIBC by around 25%, after it said the coronavirus pandemic threatened to derail the deal altogether.
Categories: Business News

Ninety One launches $600 mln fund targeting South African firms hit by COVID-19

Sun, 2020-06-07 23:39
Asset manager Ninety One has launched a 10-billion-rand ($597 million) fund, in partnership with a private equity firm, that will target investments in South African businesses struggling due to the coronavirus outbreak.
Categories: Business News

Possibly millions of jobs could be lost if planes stay grounded, Heathrow boss says

Sun, 2020-06-07 23:36
Hundreds of thousands of jobs, if not millions, could be lost in Britain if aviation is not able to resume quickly, the chief executive of London's Heathrow Airport said on Monday.
Categories: Business News

European shares pull back from 3-month highs after rally

Sun, 2020-06-07 23:28
European shares retreated from three-month highs on Monday, as investors locked in some profits following a strong rally last week on hopes of a post-coronavirus recovery.
Categories: Business News

RPT-UPDATE 3-Malaysian prime minister names Petronas finance chief as new CEO

Sun, 2020-06-07 23:07
Malaysia's prime minister on Saturday appointed the finance chief at Petroliam Nasional Bhd (Petronas) to take over as chief executive at the state energy company, at a time when lower oil prices and the coronavirus pandemic have hit the firm's profits.
Categories: Business News

UPDATE 3-Samsung leader appears in court, waits to hear if he'll be jailed again

Sun, 2020-06-07 22:58
Samsung Group's leader, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.
Categories: Business News

UPDATE 1-Ryanair boss O'Leary says: We'll fly through UK's 'rubbish' quarantine

Sun, 2020-06-07 22:57
Ryanair will not cancel flights to and from the United Kingdom despite the introduction of a 14-day quarantine for international travellers because thousands of Britons are still booking holidays, boss Michael O'Leary said on Monday.
Categories: Business News

Ryanair boss O'Leary says: We'll fly through UK's 'rubbish' quarantine

Sun, 2020-06-07 22:33
Ryanair will not cancel flights to and from the United Kingdom despite the government introducing a 14-day quarantine for international travellers because it is seeing thousands of Britons booking holidays, boss Michael O'Leary said on Monday.
Categories: Business News

RPT-GRAPHIC-Take Five: Bulls charge past hurdles

Sun, 2020-06-07 22:30
Have HSBC and Standard Chartered "chosen profits over human rights" in backing China's national security law for Hong Kong, as some suggest? Or does it reflect the tightrope businesses must navigate between Hong Kong's protesters and Beijing?
Categories: Business News

GLOBAL-MARKETS-Asian stocks hug 3-month highs after surprise U.S. jobs recovery, oil ticks up

Sun, 2020-06-07 22:06
* Asian stock markets: https://tmsnrt.rs/2zpUAr4 (Adds new quotes, updates prices)
Categories: Business News

FOCUS-Gulf mall operators rein in expansion as retailers reel from COVID-19

Sun, 2020-06-07 22:00
Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built around huge centres catering to tourists and wealthy locals.
Categories: Business News

Coronavirus widens the cracks in Egypt's cement industry

Sun, 2020-06-07 22:00
The coronavirus is putting Egypt's private cement industry under even more pressure.
Categories: Business News

FOCUS-Europe's Detroit? Pandemic bursts Toulouse aerospace bubble

Sun, 2020-06-07 22:00
* Toulouse parts suppliers wrestle with collapse of jet demand
Categories: Business News

PRESS DIGEST - Wall Street Journal - June 8

Sun, 2020-06-07 21:27
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

UPDATE 2-Oil prices extend gains on OPEC+ cuts, record China imports

Sun, 2020-06-07 21:04
* OPEC+ cuts for May and June: https://tmsnrt.rs/2SsCSMN (Adds China's record May imports, updates prices)
Categories: Business News

PRESS DIGEST- New York Times business news - June 8

Sun, 2020-06-07 20:52
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

UPDATE 2-Samsung leader appears in court, awaits decision on whether he'll be jailed again

Sun, 2020-06-07 20:11
The de facto leader of Samsung Group, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.
Categories: Business News

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