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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
UPDATE 1-ZoomInfo looks to price IPO above target in 2020's largest tech listing so far -sources
ZoomInfo Technologies Inc is
looking to price its initial public offering (IPO) on Wednesday
above its upwardly revised target range in what is set to be the
largest U.S. technology listing so far this year, people
familiar with the matter said
Categories: Business News
UPDATE 1-U.S. indicts Pilgrim's Pride Corp CEO for alleged chicken price-fixing
The chief executive
of Pilgrim's Pride Corp, a major U.S. poultry company, was
indicted along with three other current and former industry
executives on charges of seeking to fix the price of chickens,
the Justice Department said on Wednesday.
Categories: Business News
ZoomInfo looks to price IPO at $21 per share, above target - sources
ZoomInfo Technologies Inc
is looking to price its U.S. initial public offering
(IPO) on Wednesday at $21 per share, above its upwardly revised
$19-$20 target range, people familiar with the matter said.
Categories: Business News
UPDATE 3-WHO set to resume hydroxychloroquine trial in battle against COVID-19
Categories: Business News
US STOCKS-Wall Street surges on signs of economic rebound
* Indexes up: Dow 1.71%, S&P 500 1.24%, Nasdaq 0.78%
(Updates to late afternoon, changes dateline, byline)
Categories: Business News
Pakistani aviation authority says PIA pilot ignored air traffic control
Pakistani aviation
authorities have told Pakistan International Airlines that the
pilot of a passenger plane that crashed into a residential
district of Karachi last month had ignored air traffic control's
instructions for landing, a PIA spokesman said on Wednesday.
Categories: Business News
UPDATE 1-Occidental Petroleum removing non-essential workers in Gulf of Mexico ahead of storm
Occidental Petroleum Corp
is removing non-essential workers from some central Gulf
of Mexico facilities ahead of Tropical Storm Cristobal, the
company said on Wednesday.
Categories: Business News
Snap removes Trump account from curated promotional section
Snap Inc said it
would no longer promote U.S. President Donald Trump's account in
Snapchat's Discover section, saying his inflammatory comments
last week made the account ineligible for the curated section
where users explore new content.
Categories: Business News
UPDATE 2-UK looking at air bridges; criticises airlines on job cuts
The United Kingdom is looking
closely at air bridges to enable some people to travel but
airlines should not be using the government's job retention
scheme as a way to cut jobs, a junior transport minister said on
Wednesday.
Categories: Business News
Vaccine group plans advance market agreement for COVID-19 vaccines
The GAVI vaccines alliance is to
launch an Advance Market Commitment (AMC) for future COVID-19
vaccines which it says will help secure access to the new shots
for poorer countries.
Categories: Business News
Heads of U.S. automakers, other Michigan companies condemn racism, injustice
Top executives of the Detroit
Three automakers and other major Michigan employers on Wednesday
condemned racism and injustice in the United States following
the death last week of an unarmed black man at the hands of
Minneapolis police, carefully joining a charged national debate.
Categories: Business News
Labour prosecutors request closure of JBS plant in Southern Brazil amid COVID-19 outbreak
Brazil labour prosecutors said
on Wednesday they have requested meatpacker JBS SA to
close its plant in the southern state of Rio Grande do Sul due
to an outbreak of the novel coronavirus.
Categories: Business News
UPDATE 4-Trump administration to bar Chinese passenger carriers from flying to U.S.
President Donald Trump's
administration on Wednesday barred Chinese passenger carriers
from flying to the United States starting on June 16 as it
pressures Beijing to let U.S. air carriers resume flights amid
simmering tensions between the world's two largest economies.
Categories: Business News
Global smartphone shipments to fall 12% this year on virus woes - IDC
Global smartphone shipments will fall
nearly 12% to 1.2 billion units in 2020, market research firm
IDC said on Wednesday, citing lower consumer spending due to the
economic impact of the coronavirus crisis.
Categories: Business News
Cargill halts public reporting of quarterly results
Privately held U.S. agribusiness Cargill
Inc said on Wednesday it will no longer be issuing
public releases on quarterly earnings, halting the disclosures
that the company has provided since 1996.
Categories: Business News
Canada to require most airport workers, flight crews to wear masks - transport minister
Canada will require most airport
workers and flight crews to wear non-medical masks from June 4,
but pilots will be exempt while they are on the flight deck,
Transport Minister Marc Garneau said on Wednesday.
Categories: Business News
UPDATE 4-Warner Music strikes a chord as shares pop on Nasdaq debut
Warner Music Group Corp's stock
popped 8% on its Nasdaq debut on Wednesday, after the world's
third-largest recording label sold shares in its $1.9-billion
initial public offering towards the higher end of its target.
Categories: Business News
