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Updated: 4 years 22 weeks ago
Banks shine as European stock market rally resumes
European shares resumed their rally on
Friday as a bumper stimulus from the European Central Bank
fuelled hopes of a faster economic recovery, putting the main
benchmarks on course for their best week in two months.
Categories: Business News
JGBs fall on strong equities and ECB stimulus
Japanese government bond prices
edged lower on Friday as equities rallied and investors digested
the European Central Bank's (ECB) stimulus efforts.
Categories: Business News
Virtual certainty? Bankers ask if success of remote roadshows will last
Who needs expensive
lunches at glitzy hotels and fancy restaurants to court
investors for bond deals or the sale of new shares on the stock
exchange?
Categories: Business News
COLUMN-Markets appear relaxed at shifting US election odds: Mike Dolan
If financial markets are
beginning to price in November's U.S. presidential election,
they show little concern yet about the chances of a change at
the White House.
Categories: Business News
GM Cruise tries to poach Zoox engineers as company for sale
Self-driving technology company Cruise, a
unit of General Motors Co’s, is trying to poach engineers
from struggling rival Zoox Inc, according to an email sent to
Zoox engineers by the founder of Cruise this week.
The move comes as the Wall Street Journal reported last week
that e-commerce giant Amazon.com Inc is in advanced
talks to buy Zoox, a company founded six years ago and based in
Silicon Valley.
Categories: Business News
INSIGHT-Hong Kong's free media fears being silenced by China's national security law
When a team of producers at
Radio Television Hong Kong (RTHK) heard on May 19 that the
publicly funded broadcaster planned to axe one of its most
popular weekly shows, they rushed to the building next door to
confront the station's head.
Categories: Business News
PRESS DIGEST- New York Times business news - June 5
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 1-Twitter disables Trump video tribute to Floyd over copyright complaint
Twitter Inc has disabled U.S.
President Donald Trump's campaign tribute video to George Floyd
on its platform, citing a copyright complaint.
Categories: Business News
GLOBAL MARKETS-Asian stocks set for best weekly gain in 9 years, ECB stimulus boosts euro; U.S. jobs eyed
Asian stocks erased early losses
on Friday and were poised for their biggest weekly rise since
2011 while the euro hovered near a 1-1/2 month high as Europe's
central bank surprised with more stimulus, fuelling hopes for a
global rebound.
Categories: Business News
PRESS DIGEST- Wall Street Journal - June 5
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-NetEase raises at least $2.7 bln in Hong Kong, more listings likely
Categories: Business News
As coronavirus sinks global demand, China’s exporters go online to tap domestic market
At this time of the
year, Deng Jinling would normally be welcoming foreign buyers to
her vacuum flask showroom or cramming her goods into containers
to be shipped to customers in the United States.
Categories: Business News
Morning News Call - India, June 5
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FACTORS TO WATCH
2:15 pm: State Bank of India Q4 earnings video conference in Mumbai.
4:00 pm: Health ministry likely to brief on COVID-19 situation in New Delhi.
Categories: Business News
UPDATE 7-Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies
U.S. Secretary of State Mike
Pompeo on Thursday warned American investors against fraudulent
accounting practices at China-based companies and said the
Nasdaq's recent decision to tighten listing rules for such
players should be "a model" for all other exchanges around the
world.
Categories: Business News
GLOBAL MARKETS-Asia's stock rally pause ahead of U.S. jobs data, euro at 1-1/2 month top
Asian stocks were poised for
their biggest weekly rise in over eight years while the euro
hovered near a 1-1/2 month high as Europe's central bank
surprised with more stimulus, fuelling hopes for a global
rebound.
Categories: Business News
Twitter disables Trump campaign tribute to George Floyd due to copyright complaint
Twitter Inc has disabled U.S.
President Donald Trump's campaign's tribute video to George
Floyd saying there has been a copyright complaint.
Categories: Business News
Brazil's Petrobras begins process to sell minority stakes in five power plants
Brazilian state-run oil
firm Petrobras has started the process to sell its minority
stakes in five power plants throughout Brazil, it said in a
filing on Thursday night.
Categories: Business News
CORRECTED-KKR, Ampersand Capital in joint bid for Oxford Immunotec -sources
A consortium of private equity firms KKR
& Co Inc and Ampersand Capital Partners has approached
Oxford Immunotec Global Plc, a medical diagnostics
company that develops tests to identify tuberculosis, with a
$400 million acquisition offer, people familiar with the matter
said on Thursday.
Categories: Business News
Goldman Sachs executive's email making plea for racial equality goes viral at firm
An email by a Goldman Sachs Group Inc
employee about his experiences of racial injustice and
criticizing managers at the Wall Street bank for not supporting
junior bankers from diverse backgrounds went viral at the firm
this week.
Categories: Business News