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Updated: 4 years 22 weeks ago
Qatar Airways tells Airbus, Boeing not to resist order deferrals
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
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
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
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
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
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
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
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
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
* 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
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
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
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
MORNING BID-Full steam ahead
A look at the day ahead from Karin Strohecker, chief
correspondent, emerging markets. The views expressed are her
own.
Categories: Business News
China's Didi hires van drivers for logistics services
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
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
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
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