Reuters Company News

Brazil's real extended gains for a sixth session on Wednesday while other Latin American currencies weakened as worries about escalating U.S.-China trade tensions dented risk appetite. Latam stocks, meanwhile, joined a rally in world stocks on hopes of an economic recovery as countries reopened businesses following pandemic-driven lockdowns. Regionally, Mexico's auto industry picked up pace, with Fiat Chrysler and BMW AG joining peers in gradua

Ralph Lauren Corp said on Wednesday a surge in online shopping was helping it get back on track in China and putting it on course for a recovery from the financial damage wrought by the COVID-19 lockdowns in other markets as well.

The fourth cargo of a group of Iranian tankers reached the Caribbean Sea on Wednesday as the receiving nation, Venezuela, began preparations to distribute the imported gasoline among desperate citizens, according to Refinitiv Eikon and a government official.

SpaceX, billionaire entrepreneur Elon Musk's private rocket company, was scheduled to launch two Americans into orbit on Wednesday from Florida on a mission that would mark the first spaceflight of NASA astronauts from U.S. soil in nine years.

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

Shareholder activists targeting Exxon Mobil Corp's climate policies stepped up a campaign to split the chairman and chief executive's roles ahead of the oil major's shareholder meeting on Wednesday.

Novavax Inc said on Wednesday it would acquire a manufacturing plant in the Czech Republic for $167 million as the drug developer looks to boost capacity to produce its COVID-19 vaccine candidate. Novavax, one of the handful of companies aiming to develop a vaccine for COVID-19, said on Monday that it enrolled its first participant in an early stage study testing the vaccine candidate in humans.

Renault, Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car production to save costs and salvage their troubled alliance.

Four dealmakers responsible for Carlyle Group Inc's Sub-Saharan Africa Fund are leaving to launch their own firm, Carlyle said on Wednesday, in the latest private equity retreat from the continent.

German Chancellor Angela Merkel's ruling coalition plans to allow state-owned rail operator Deutsche Bahn to incur more debt to cushion it from the collapse in travel due to the coronavirus crisis, a document showed on Wednesday.

A judge in Brazil's Minas Gerais state partially granted an injunction sought by prosecutors ordering iron ore miner Vale SA to deposit 7.9 billion reais ($1.48 billion) for payment of potential fines related to a dam disaster last year.

Ralph Lauren Corp posted a bigger-than-expected quarterly loss on Wednesday as stores across the world that sell its jackets, coats and Polo shirts were forced to close due to the COVID-19 pandemic.

The world's second-largest printing ink maker, Flint Group, is nearing a debt deal seen as a pre-condition to proceed with a sales process that its owners launched last year, people close to the matter said.

Drug developer Novavax Inc on Wednesday acquired Praha Vaccines, a unit of India's Cyrus Poonawalla Group, for about $167 million as it looks to boost capacity to produce its COVID-19 vaccine candidate. The acquisition includes a biologics manufacturing facility in Czech Republic, the company said, adding that the facility is expected to provide an annual capacity of over 1 billion doses of antigen starting in 2021 for its COVID-19 vaccine candidate, NVX-CoV2373. (Reporting by

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The following are top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc for the first time added a warning to some of his tweets prompting readers to fact check the president's claims.

Ralph Lauren Corp reported a 15.4% fall in quarterly revenue on Wednesday after its outlets and department stores across the world were forced to close due to the COVID-19 pandemic.

Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market participants in 2018.

U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc for the first time added a warning to some of his tweets prompting readers to fact check the president's claims.