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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 22 weeks ago

Banks shine as European stock market rally resumes

Thu, 2020-06-04 23:34
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

Thu, 2020-06-04 23:20
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

Thu, 2020-06-04 23:15
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

FOCUS-Ocean shipping shrinks as pandemic pummels retailers

Thu, 2020-06-04 22:00
The $1 trillion container shipping industry is in a slowdown. Literally.
Categories: Business News

COLUMN-Markets appear relaxed at shifting US election odds: Mike Dolan

Thu, 2020-06-04 22:00
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

Thu, 2020-06-04 21:31
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

Thu, 2020-06-04 21:18
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

Thu, 2020-06-04 21:05
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

Thu, 2020-06-04 20:29
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

Thu, 2020-06-04 20:18
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

Thu, 2020-06-04 20:17
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

Thu, 2020-06-04 20:09
* NetEase raises at least $2.7 bln in secondary HK listing-sources
Categories: Business News

As coronavirus sinks global demand, China’s exporters go online to tap domestic market

Thu, 2020-06-04 19:30
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

Thu, 2020-06-04 19:08
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06052020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage 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

Thu, 2020-06-04 19:00
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

Thu, 2020-06-04 18:50
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

Thu, 2020-06-04 18:30
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

Thu, 2020-06-04 18:29
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

Thu, 2020-06-04 18:17
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

Thu, 2020-06-04 18:05
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

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