You are only seeing posts authors requested be public.
Register and Login to participate in discussions with colleagues.
Reuters Company News
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
New Wall Street-backed stock exchange MEMX to launch on Sept. 4
The Members Exchange (MEMX), a
new bourse that aims to take on the New York Stock Exchange and
Nasdaq Inc, and is backed by financial heavyweights
including Bank of America Corp and BlackRock Inc
, said on Thursday it will launch on Sept. 4.
Categories: Business News
UPDATE 1-Costco beats revenue estimates as consumer stockpile essentials
Warehouse club operator Costco Wholesale
Corp beat quarterly revenue estimates on Thursday, as
people stocked up on essentials before hunkering down in their
homes to contain the spread of the coronavirus.
Categories: Business News
Cisco to acquire software firm ThousandEyes
Cisco Systems Inc has agreed to
acquire privately held software maker ThousandEyes Inc, the
network gear maker said on Thursday.
Categories: Business News
US STOCKS-Wall Street ends down in late selloff; Facebook and China weigh
Wall Street ended lower on Thursday
following a late-session reversal, with Facebook weighing on the
market after President Donald Trump said he would sign an
executive order related to social media companies and would hold
a news conference on China on Friday.
Categories: Business News
Italy's credit agency SACE approves state guarantees for FCA $7 bln bank loan-source
The board of Italy's export credit
agency SACE has approved state guarantees covering 80% of a 6.3
billion euro ($7 billion) bank loan for Fiat Chrysler
, a source close to the matter said on Thursday.
Categories: Business News
UPDATE 2-General Electric cash flow forecast disappoints, shares fall
General Electric expects to burn
more cash than expected in the second quarter, as the industrial
conglomerate struggles with weakness in its aviation business
due to the coronavirus crisis, Chief Executive Officer Larry
Culp said on Thursday.
Categories: Business News
Zuckerberg distances Facebook from Twitter in Trump fight
Facebook Chief
Executive Mark Zuckerberg distanced his company from Twitter
and its fight with U.S. President Donald Trump, as the
White House readied an executive order about social media
companies.
Categories: Business News
U.S. may now need to treat Hong Kong like China -White House adviser
U.S. President Donald Trump's
top economic adviser said on Thursday that Hong Kong may now
need to be treated like China when it comes to trade and other
financial matters, given Beijing's move to enact a new law
Washington warns would undermine the city's autonomy.
Categories: Business News
UPDATE 1-Quest Diagnostics' COVID-19 test kit gets FDA nod for emergency use
Quest Diagnostics said on
Thursday it received emergency use authorization (EUA) for its
self-collection COVID-19 test kit from the U.S. Food and Drug
Administration, sending its shares up 3%.
Categories: Business News
EXPLAINER-What is Section 230 - and can Trump change it?
U.S. President Donald Trump is expected
to order a review of a federal law known as Section 230, which
protects internet companies like Facebook, Twitter
and Alphabet's Google from being responsible
for the material posted by users.
Categories: Business News
UPDATE 1-Albemarle seeks full control of Australia's Greenbushes lithium mine
Albemarle Corp said on Thursday
it wants to take control of Australia's Greenbushes, the world's
largest lithium mine, signaling it intends to block any rival
from buying Tianqi Lithium Corp's controlling stake.
Categories: Business News
Coronavirus infects more than 3,000 U.S. meatpacking workers -union
More than 3,000 U.S. meatpacking
workers have tested positive for COVID-19 and at least 44
workers have died, the country's largest meatpacking union said
on Thursday, reflecting an increasing toll on plant employees.
Categories: Business News
UPDATE 4-Trump set to order review of law that protects social media companies
U.S. President Donald Trump
is expected to order a review of a law that has long protected
internet companies, including Twitter and Facebook
, an extraordinary attempt to intervene in the media that
experts said was unlikely to survive legal scrutiny.
Categories: Business News
UPDATE 1-VW board formally okays Ford alliance projects
Volkswagen said on
Thursday its supervisory board had approved several projects in
a multibillion-dollar alliance with Ford Motor that was
first announced last July.
Categories: Business News
UPDATE 3-Crashed Pakistan plane hit runway three times on first approach -minister
The captain of a
Pakistani airliner that crashed last week, killing 97 people on
board, approached Karachi airport without announcing he couldn't
open his landing gear and hit the runway three times, a
government minister said on Thursday.
Categories: Business News
External funding to Brazil beginning to normalize- presentation
Brazil's Central Bank monetary
policy director Bruno Serra said on Thursday that external
funding to the country is beginning to normalize, one day after
state-controlled oil company Petroleo Brasileiro SA
sold $3.25 billion in bonds.
Categories: Business News
Quest Diagnostics COVID-19 test kit gets FDA nod for emergency use
Quest Diagnostics on Thursday
received emergency use authorization from the U.S. Food and Drug
Administration for its self-collection COVID-19 test kit.
Categories: Business News
CORRECTED-CANADA STOCKS-TSX treads water as rising U.S.-China tensions offset recovery hopes
Canada's main stock index struggled for
direction on Thursday as investors weighed a slide in energy
stocks and rising U.S.-China trade tensions against hopes of an
economy recovery as countries reopened more businesses.
Categories: Business News
UPDATE 3-Dollar chains expect robust demand as shoppers brace for recession
America's top dollar store chains beat
profit estimates on Thursday and said they would benefit from
demand for affordable groceries and household essentials in
coming months as rising unemployment threatens to spur a deep
recession.
Categories: Business News
