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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 21 weeks ago

UPDATE 1-SoftBank Vision Fund head's pay doubled last year despite massive losses

Fri, 2020-05-29 01:31
SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 billion yen ($15 million), even as the fund's underperformance pushed SoftBank to a record $13 billion operating loss.
Categories: Business News

CEE MARKETS-Polish bank stocks extend losses, reeling from surprise rate cut

Fri, 2020-05-29 01:29
Central European stocks eased amid increasing U.S.-China tensions, with Polish bank shares extending losses after the central bank unexpectedly cut interest rates for a third time on Thursday in a bid to help the coronavirus-hit economy. The surprise 40-basis-point cut in the key rate to 0.1% drove down bond yields and Polish bank shares. However, the zloty held up and was steady at 4.4469 to the euro at 0820 GMT on Friday. Sto
Categories: Business News

UPDATE 2-Twitter attaches disclaimer to Trump tweet for 'glorifying violence'

Fri, 2020-05-29 01:04
* Violence follows death of black man pinned down by police (Recasts, adds details and context)
Categories: Business News

UPDATE 2-Airbag maker Autoliv expects car industry recovery to be bumpy ride

Fri, 2020-05-29 00:57
Autoliv , the world's largest maker of airbags and seat belts, said on Friday it was facing "unprecedented" challenges in the second quarter after North American and European markets ground to a halt in April due to the pandemic.
Categories: Business News

Japan backs nearly a third of $6.6 billion loans to Nissan - sources

Fri, 2020-05-29 00:56
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans.
Categories: Business News

UPDATE 2-China plans to extend curbs on international flights until June 30 - U.S. embassy

Fri, 2020-05-29 00:49
Chinese civil aviation authorities plan to extend until June 30 their curbs on international flights to contain the spread of the coronavirus, the U.S. embassy in Beijing said in a travel advisory on Friday.
Categories: Business News

UPDATE 1-European shares retreat, Trump's China response awaited

Fri, 2020-05-29 00:48
* STOXX 600 on course for 3.4% gain in May (Adds comment, updates prices)
Categories: Business News

MORNING BID-U.S.-China tensions overshadow end to rip-roaring May

Fri, 2020-05-29 00:26
A look at the day ahead from Tommy Wilkes, senior markets correspondent, EMEA. The views expressed are his own.
Categories: Business News

China braces for aluminium import wave as coronavirus recovery upends trade

Fri, 2020-05-29 00:21
* Primary aluminium imports could top 100,000 T in May -sources
Categories: Business News

UPDATE 2-Elekta's profit margin tops guidance even as pandemic pain sets in

Fri, 2020-05-29 00:15
* CEO says seeing recovery in China (Adds CEO comment, share reaction, detail)
Categories: Business News

GLOBAL MARKETS-Stocks slip as investors await Trump's Hong Kong response

Fri, 2020-05-29 00:12
Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington's response to China tightening control over the city of Hong Kong.
Categories: Business News

UPDATE 1-S.Korea seeks to import anti-viral remdesivir as new coronavirus cases emerge

Fri, 2020-05-29 00:02
South Korean health authorities said on Friday they would request imports of Gilead Sciences Inc's anti-viral drug remdesivir to treat COVID-19, as new outbreaks of the disease flare as social distancing restrictions are eased.
Categories: Business News

UPDATE 2-Coffee maker JDE Peet's valued at $17.3 bln in virtual IPO, shares surge

Fri, 2020-05-29 00:01
Shares in coffee maker JDE Peet's surged almost 13% in their stock market debut on Friday as investors jumped on one of the few big IPOs launched during the coronavirus crisis.
Categories: Business News

PRESS DIGEST - Wall Street Journal - May 29

Thu, 2020-05-28 23:54
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

Twitter attaches disclaimer to Trump's Minneapolis tweet for 'glorifying violence'

Thu, 2020-05-28 23:44
Twitter on Friday said that one of U.S. President Donald Trump's tweets on Minneapolis protests had breached its rules about "glorifying violence."
Categories: Business News

European shares step back, Trump's China response awaited

Thu, 2020-05-28 23:32
European shares pulled back on Friday as market participants turned their focus to Washington's response to the Chinese parliament's approval of a national security law for Hong Kong, but major indexes were on course to finish May with solid gains.
Categories: Business News

S.Korea seeks to import anti-viral remdesivir as new virus cases emerge

Thu, 2020-05-28 23:25
South Korean health authorities said on Friday they would request imports of Gilead Sciences Inc's anti-viral drug remdesivir to treat COVID-19, as new outbreaks of the disease flare as social distancing restrictions are eased.
Categories: Business News

Crisis-hit Wall Street checks in to Zandi's "impairment studio"

Thu, 2020-05-28 22:00
When Wall Street doesn't know where the world economy is heading, it books a session at Mark Zandi's "impairment studio".
Categories: Business News

UPDATE 1-JDE Peet's valued at $17.3 billion in espresso IPO

Thu, 2020-05-28 21:58
Coffee maker JDE Peet's said on Friday its shares were priced at 31.50 euros each in an initial public offering, valuing the firm at 15.6 billion euros ($17.3 billion), as it became one of the few big companies to go public during the coronavirus crisis.
Categories: Business News

GLOBAL MARKETS-Stocks slip as markets await Trump's Hong Kong response

Thu, 2020-05-28 21:51
Stock markets dipped and safe-havens such as bonds and Japan's yen firmed on Friday, as investors awaited Washington's response to China tightening control over the city of Hong Kong.
Categories: Business News

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