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Updated: 4 years 21 weeks ago
Louis Dreyfus head of innovation to leave group
Agricultural commodities merchant
Louis Dreyfus said that its head of innovation and
downstream strategy, Kristen Eshak Weldon, is to leave group at
the end of this month.
Categories: Business News
Coronavirus turmoil fuels the rise of AI-powered companies
For the past seven years, a
Munich-based firm called riskmethods has tried to interest
companies in buying software that allows them to track all their
suppliers in a way that minimizes risks in operating globally
spread supply chains.
Categories: Business News
U.S. FAA chief to testify at hearing on jet certification after 737 MAX crashes
The head of the Federal
Aviation Administration is set to testify on Wednesday before a
Senate committee on the safety certification of jetliners like
Boeing Co's 737 MAX, still grounded after fatal crashes.
Categories: Business News
CORRECTED-Copper sustainable group expects more members following Rio Tinto's units
Copper Mark, a traceability
system launched by the International Copper Association (ICA),
expected more members this year after two units of mining giant
Rio Tinto joined in May.
Categories: Business News
Southwest Airlines says has enough cash for two years as demand improves
Southwest Airlines said on
Wednesday it has enough cash to carry on business for the next
two years, up from its prior forecast of 20 months, as travel
demand gradually picks up.
Categories: Business News
U.S. commerce chief: Huawei rule is a 'clarification' -Fox Business Network
A new U.S. rule regarding
China's Huawei Technologies Co Ltd is a needed
"clarification" to help develop standards, U.S. Commerce
Secretary Wilbur Ross said on Wednesday, adding that security
concerns remain over the telecoms equipment maker.
Categories: Business News
UPDATE 1-CureVac starts trial of experimental coronavirus vaccine, eyes launch next year
Categories: Business News
UPDATE 2-Norway says its salmon did not cause virus at Beijing market
* Some shipments of Norwegian salmon to China have resumed
(Adds reaction, bullet points, updates share, minister quote)
Categories: Business News
German coronavirus tracing app downloaded 6.5 million times
Germany's smartphone app to help
trace coronavirus infections has been downloaded 6.5 million
times in the first 24 hours since its launch, the CEO of
software company SAP said on Wednesday.
Categories: Business News
Super-long JGB yields tick up on BOJ governor's remarks
The yields on super-long Japanese
government bonds (JGB) edged up on Wednesday, a day after the
Bank of Japan's (BOJ) governor said excessive falls in
super-long debt yields are not desirable.
Categories: Business News
European shares rise as hopes of recovery remain strong
European shares opened higher on
Wednesday, with hopes of a swift rebound from a coronavirus-led
economic slump gaining traction even as curbs on movement in
Beijing were put in place to contain a potential second wave of
COVID-19 cases.
Categories: Business News
TABLE-UAE's Fujairah oil inventory data for week ended June 15
Fujairah Oil Industry Zone on
Wednesday published, via industry information service S&P Global
Platts, the following weekly inventory data for oil products for
the week ended June 15.
Volumes are in thousands of barrels. Figures in brackets
represent volume change from prior week calculated by Reuters.
Week Light Middle Residual Total
Distillates Distillates Fuels
2020
Categories: Business News
UPDATE 3-Iberdrola trumps Ayala with offer for Australian renewable energy firm
* Infigen shares hit 3-yr high, topping offer price
(Adds Iberdrola adviser, Iberdrola, UAC comments)
Categories: Business News
Tokyo shares end lower on auto export slump, geopolitical tensions
Japanese stocks ended lower on
Wednesday as automakers dragged following weak export data,
while escalating tensions between North Korea and South Korea
also doused the market sentiment.
Categories: Business News
'Best news so far': UK hails steroid treatment for coronavirus
Britain's health minister on
Wednesday hailed the use of a steroid called dexamethasone for
treating coronavirus patients as the best news so far of the
outbreak.
Categories: Business News
COLUMN-Second-wave wobble reveals more about markets than the virus: Mike Dolan
It's hard to find an investor
who hadn't already assumed some form of second wave of COVID-19
when economies reopen, so why did stock markets panic at the
hint of a relapse last week?
Categories: Business News
RPT-Alpha Bank in talks with Cerberus, PIMCO to sell $11 bln of bad loans - sources
Greece's Alpha Bank
is in talks with at least five U.S. investment firms
including Cerberus and PIMCO in a fresh attempt to offload a
portfolio of bad debt worth more than 10 billion euros ($11.3
billion), two sources told Reuters.
Categories: Business News