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Updated: 4 years 22 weeks ago
Euro zone investor morale improves but road to normality is long - Sentix
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
(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
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
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
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
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
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
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
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
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
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
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
Categories: Business News
FOCUS-Gulf mall operators rein in expansion as retailers reel from COVID-19
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
PRESS DIGEST - Wall Street Journal - June 8
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
* 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
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
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