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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

Hedge fund WorldQuant hires ex-Google scientist to up its AI game

Thu, 2020-06-04 10:55
Hedge fund WorldQuant hired computer scientist Yoram Singer, a former principal scientist at Google, as its chief AI scientist as Wall Street races to use machine learning to decipher trading signals, a person familiar with the matter said on Thursday.
Categories: Business News

UPDATE 3-AstraZeneca targets 2 bln doses, poor countries with COVID vaccine deals

Thu, 2020-06-04 10:52
* Trial results could be available in August - CEO (Adds details on likely timing of trial results, more partners)
Categories: Business News

UPDATE 2-U.S. to revise Chinese passenger airline ban after Beijing move -sources

Thu, 2020-06-04 10:43
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Categories: Business News

Tesla's Elon Musk calls for breakup of Amazon in tweet

Thu, 2020-06-04 10:38
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up.
Categories: Business News

Brazil energy council clears way for direct sale of hydrated ethanol to gas stations

Thu, 2020-06-04 10:35
Brazil's CNPE national energy council approved on Thursday a resolution that establishes rules allowing producers of hydrated ethanol fuel to sell directly to gas station owners, according to a statement.
Categories: Business News

UPDATE 3-Chinese and Iranian hackers targeted Biden and Trump campaigns, Google says

Thu, 2020-06-04 10:30
State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.
Categories: Business News

US STOCKS-Wall Street ends four-day rally in advance of May jobs report

Thu, 2020-06-04 10:11
* American Airlines jumps on plans to boost U.S. flights in July
Categories: Business News

GRAINS-Soy near 2-month top, wheat soars as export outlook brightens

Thu, 2020-06-04 10:08
U.S. soybean futures hit their highest in nearly two months on Thursday and wheat futures rose more than 2% as a weaker dollar bolstered export prospects for U.S. grains and oilseeds, analysts said. Corn futures followed the firm trend. As of 12:49 p.m. CDT (1749 GMT), Chicago Board of Trade July soybeans were up 12 cents at
Categories: Business News

GLOBAL MARKETS-ECB sends euro higher, stocks pause after week-long rally

Thu, 2020-06-04 10:08
The euro jumped to a 12-week high against the dollar on Thursday after another shot of European Central Bank stimulus to help economies slammed by the coronavirus pandemic, but world equity markets pulled in the reins after a strong seven-day run.
Categories: Business News

UPDATE 5-U.S. senators move to tighten sanctions on delayed Russia-to-Germany gas pipeline

Thu, 2020-06-04 10:07
* Germany criticizes U.S. actions against the project (Updates with announcement of bill)
Categories: Business News

New Amazon Prime series brings FIFA scandal to television

Thu, 2020-06-04 09:55
A new Amazon Prime Video series starting this week called "El Presidente" casts a satirical look at South American football’s dirty dealings through the eyes of deceased former Argentine football boss Julio Grondona.
Categories: Business News

UPDATE 4-U.S. court blocks sales of Bayer weed killer

Thu, 2020-06-04 09:53
* Bayer says seeking new EPA registration for 2021 (Adds comments from EPA, Corteva and U.S. farmers)
Categories: Business News

U.S. to revise Chinese passenger airline ban -sources

Thu, 2020-06-04 09:43
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Categories: Business News

Hard-hit Canadian oil companies still waiting for Trudeau loans

Thu, 2020-06-04 09:37
Canadian oil producers sideswiped by economic damage from the coronavirus pandemic have received no federal loans, seven weeks after the first lending program was announced, government and industry officials said on Thursday.
Categories: Business News

US STOCKS-Wall Street retreats after rallying on recovery optimism

Thu, 2020-06-04 09:31
* American Airlines rises on plans to boost U.S. flights in July
Categories: Business News

REFILE-Wall St Week Ahead-Bond investors look for Fed to justify steepening yield curve

Thu, 2020-06-04 09:29
Expectations that the global economy has dodged the worst-case scenarios for the coronavirus pandemic have led to a dramatic selloff in U.S. government bonds from their record highs, pushing the yield curve to its steepest level since March.
Categories: Business News

REFILE-UPDATE 2-Germany rebuffs gasoline auto lobby with radical electric plan

Thu, 2020-06-04 09:09
* All fuel stations required to provide electric car charging
Categories: Business News

Chinese and Iranian hackers targeted Biden and Trump campaigns - Google

Thu, 2020-06-04 09:08
State-backed hackers from China and Iran have recently targeted the email accounts of staffers working on the U.S. presidential campaigns of Joe Biden and Donald Trump, respectively, a senior Google security official said Thursday.
Categories: Business News

Impossible Foods starting direct-to-consumer plant burger sales

Thu, 2020-06-04 08:59
Impossible Foods said on Thursday it will sell plant-based meat burgers in the United States directly to consumers through its own website, as demand for vegan alternatives surge amid rising beef prices due to the COVID-19 pandemic.
Categories: Business News

RPT-Wary Canadians start spending as COVID-19 restrictions ease, boosting economy

Thu, 2020-06-04 08:58
The Canadian economy is showing green shoots with reports on home sales, consumer spending and new job postings trending upwards after the coronavirus pandemic forced shutdowns and caused a record plunge in economic activity.
Categories: Business News

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