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Updated: 4 years 22 weeks ago

Qatar Airways tells Airbus, Boeing not to resist order deferrals

Tue, 2020-06-02 03:00
Qatar Airways CEO Akbar al-Baker on Tuesday warned Airbus and Boeing against resisting the airline's requests for deferred aircraft deliveries.
Categories: Business News

With rallies halted and tweets fact-checked, Trump campaign turns to smartphone app

Tue, 2020-06-02 03:00
Should President Donald Trump and Twitter ultimately part ways, his campaign has a backup plan at the ready to get his voice out.
Categories: Business News

Gilead's next step on coronavirus: inhaled remdesivir, other easier-to-use versions

Tue, 2020-06-02 03:00
Gilead Sciences Inc is developing easier-to-administer versions of its antiviral treatment remdesivir for COVID-19 that could be used outside of hospitals, including ones that can be inhaled, after trials showed moderate effectiveness for the drug given by infusion.
Categories: Business News

UK warns China: do not cross the Rubicon on Hong Kong

Tue, 2020-06-02 02:59
The United Kingdom warned China on Tuesday not to cross the Rubicon over Hong Kong, saying the People's Republic should step back and adhere to its international obligations over the former British colony.
Categories: Business News

Bristol Myers' treatment succeeds in late-stage bowel disease study

Tue, 2020-06-02 02:59
U.S. drugmaker Bristol Myers Squibb Co said on Tuesday its treatment Zeposia, which it gained through its $74 billion buyout of Celgene last year, met the main goals of a late-stage study testing it in patients with an inflammatory bowel disease.
Categories: Business News

US STOCKS-Futures hit three-month high on prospects of economic recovery

Tue, 2020-06-02 02:41
U.S. stock index futures hit a three-month high on Tuesday as hopes of a rebound from a coronavirus-led economic slump prevailed over fears of disruption from widespread protests over race in the country.
Categories: Business News

CEE MARKETS-Currencies strengthen on economic recovery hopes

Tue, 2020-06-02 02:22
Central European currencies rose on Tuesday, continuing a strong run supported by increased risk-appetite in global markets as investors bet that the worst of the economic pain caused by the coronavirus crisis may have passed. More and more countries are taking steps to ease their lockdowns and many economists believe the global economy will start to recover after a big hit in the second quarter. "It was a very bad second quarter but I think the belief in t
Categories: Business News

EU to rule on AMS's 4.6 bln euro bid for Osram by July 6

Tue, 2020-06-02 02:02
EU antitrust regulators will decide by July 6 whether to clear Austrian sensor maker AMS's 4.6 billion euro ($5.14 billion) bid for German lighting group Osram after a preliminary review, a European Commission filing showed on Monday.
Categories: Business News

George Floyd protests recall earlier tensions, promises of economic change

Tue, 2020-06-02 02:00
In November 2015, the shooting death of Jamar Clark by Minneapolis police touched off a debate on race and economic inequality that challenged the city's progressive image and led local corporate leaders to back efforts at better sharing the spoils of a booming Midwestern state.
Categories: Business News

FOREX-Dollar loses safe-haven shine, sends euro to 11-week high

Tue, 2020-06-02 01:43
* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Recasts, adds new comments and latest news and updates prices)
Categories: Business News

REFILE-Ride-hailing service Wheely risks Moscow ban in dispute over geolocation data

Tue, 2020-06-02 01:41
London-based ride-hailing service Wheely risks being banned in Moscow after it said it refuses to share vehicle geolocation data with the authorities, citing passenger privacy rights.
Categories: Business News

GLOBAL MARKETS-Shares cruise to three-month highs, dollar shows the strain

Tue, 2020-06-02 01:02
World stocks climbed towards three-month highs on Tuesday as the global coronavirus recovery effort won out over U.S.-China tensions and the worst civil unrest in the United States in decades.
Categories: Business News

Embraer seeks business partners but not a repeat of the Boeing deal

Tue, 2020-06-02 01:00
The world's No. 3 planemaker Embraer is open to new business partners after Boeing Co ditched a $4.2 billion deal that was years in the making, the Brazilian company's chief executive told Reuters.
Categories: Business News

UPDATE 1-German stocks shine in Europe as carmakers surge

Tue, 2020-06-02 00:46
* Norway's Seadrill slides on $1.2 billion asset writedown (Adds comment, updates)
Categories: Business News

MORNING BID-Full steam ahead

Tue, 2020-06-02 00:13
A look at the day ahead from Karin Strohecker, chief correspondent, emerging markets. The views expressed are her own.
Categories: Business News

UPDATE 2-Japan allows saliva-based tests to boost coronavirus detection

Tue, 2020-06-02 00:08
* New tests will reduce burden on patients, testers -health min
Categories: Business News

China's Didi hires van drivers for logistics services

Mon, 2020-06-01 23:57
Ride-hailing giant Didi Chuxing is hiring van and truck drivers in ten Chinese cities as it plans to join the already crowded on-demand logistics industry to diversify its business.
Categories: Business News

India approves emergency use of remdesivir to treat COVID-19 patients

Mon, 2020-06-01 23:51
India's government said on Tuesday it has approved Gilead Sciences Inc's antiviral drug remdesivir for emergency use in treating COVID-19 patients.
Categories: Business News

FOREX-Dollar on back foot as recovery optimism persists

Mon, 2020-06-01 23:36
The euro inched slightly lower on Tuesday as the dollar gained some strength, though the pair remained close to an 11-week high as investors maintained their hope in a global economic recovery post coronavirus.
Categories: Business News

European shares near 3-month high; Lufthansa lifts Germany

Mon, 2020-06-01 23:30
European shares inched closer to a three-month high on Tuesday on optimism around a post-coronavirus economic recovery, with German stocks buoyed by a jump for Lufthansa.
Categories: Business News

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