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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 22 weeks ago

TV viewers seek out '13th' and other stories about race amid protests

Tue, 2020-06-16 16:02
Television series, movies and documentaries about the experience of black people in the United States have seen a surge in viewership amid public demonstrations that focused new attention on racial discrimination, according to industry data.
Categories: Business News

GLOBAL MARKETS-Asian stocks set to rise as drug trials, data push Wall Street higher

Tue, 2020-06-16 15:57
Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May.
Categories: Business News

UPDATE 3-U.S. Senate bill aims to improve aircraft certification after 737 MAX crashes

Tue, 2020-06-16 15:54
U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co 737 MAX crashes, though a victim's father said the bill, while a positive step, "still lacks teeth."
Categories: Business News

Transparency needed to restore trust after 737 MAX crashes -FAA chief

Tue, 2020-06-16 15:19
U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737 MAX crashes, according to a copy of his written testimony seen by Reuters.
Categories: Business News

Tesla signs three-year pricing deal with battery cell maker Panasonic

Tue, 2020-06-16 14:48
Tesla Inc has signed a three-year pricing deal with Japan's Panasonic Corp relating to the manufacture and supply of lithium-ion battery cells at the Gigafactory in Nevada, the electric carmaker disclosed in a filing on Tuesday.
Categories: Business News

UPDATE 1-Texas could tighten some natural gas flaring rules by fall

Tue, 2020-06-16 14:42
Texas as early as this fall could tighten some rules for the controversial practice of natural gas flaring, the head of the state's regulatory commission said on Tuesday.
Categories: Business News

MEDIA-Quibi in talks to bring streaming app to Roku, Amazon Fire TV - Variety

Tue, 2020-06-16 14:34
-- Source link: https://bit.ly/2Y65r5K
Categories: Business News

UPDATE 2-Oracle misses revenue estimates on virus-led order delays

Tue, 2020-06-16 14:30
Oracle Corp posted quarterly revenue below Wall Street estimates on Tuesday as the coronavirus crisis led clients in the hospitality, retail and transportation sectors to postpone purchases, sending its shares about 3% lower after the bell.
Categories: Business News

U.S. calls bid by men to avoid extradition over ex-Nissan boss Ghosn's escape 'flawed'

Tue, 2020-06-16 14:29
U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country, were advancing a "flawed" interpretation of Japanese law to fight their extradition.
Categories: Business News

Australia's Infigen backs $569 mln offer from Spain's Iberdrola

Tue, 2020-06-16 14:25
Infigen Energy on Wednesday recommended a A$827.5 million ($569.1 million) buyout bid from Spain's Iberdrola to its shareholders, and urged them to reject an earlier offer from Philippine conglomerate Ayala Corp.
Categories: Business News

Bayer scraps U.S. plans to produce crop chemical blocked by court

Tue, 2020-06-16 14:17
Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product.
Categories: Business News

UPDATE 1-Southwest extends limited seating on flights through September

Tue, 2020-06-16 14:12
Southwest Airlines Co said on Tuesday it will continue to limit bookings on its flights until at least September to maintain space between passengers.
Categories: Business News

UPDATE 3-Ex-Morgan Stanley diversity officer sues bank, cites racial bias -court filing

Tue, 2020-06-16 13:46
A former Morgan Stanley diversity officer sued the bank on Tuesday, alleging racial discrimination, retaliation and violation of equal pay laws, according to a court filing.
Categories: Business News

Southwest to limit seats sold on flights through September

Tue, 2020-06-16 13:40
Southwest Airlines Co said on Tuesday it will continue to limit bookings on its flights until at least September to keep space between seats.
Categories: Business News

Lower July Iraq and Saudi exports to boost crude timespreads - Energy Aspects

Tue, 2020-06-16 13:40
* Iraq is stepping up compliance with the Organization of the Petroleum Exporting Countries and allies (OPEC+) deal, with July Basrah crude exports to fall below 2.5 million barrels per day (mbpd), possibly even as low as 2.2 mbpd, consultancy Energy Aspects said in a note.
Categories: Business News

CORRECTED-Syngenta to roll out new digital ag tools in Brazil

Tue, 2020-06-16 13:24
Switzerland-based seed and crop protection company Syngenta has chosen Brazil as the initial market for a new digital agriculture services platform intended to make local grain growers more competitive, a Syngenta executive told Reuters.
Categories: Business News

UPDATE 3-U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards

Tue, 2020-06-16 13:04
The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker.
Categories: Business News

UPDATE 2-Ex-Morgan Stanley diversity officer sues bank, cites racial bias -court filing

Tue, 2020-06-16 12:58
A former Morgan Stanley diversity officer sued the bank on Tuesday, alleging racial discrimination, retaliation against her and violation of equal pay laws, according to a court filing.
Categories: Business News

UPDATE 1- -Schlumberger to take up to $1.4 bln charge for restructuring -CEO

Tue, 2020-06-16 12:44
Oilfield services provider Schlumberger NV expects to book a charge to earnings of up to $1.4 billion for an accelerated restructuring and new job cuts, Chief Executive Officer Olivier Le Peuch said at a energy conference on Tuesday.
Categories: Business News

GLOBAL MARKETS-Stocks and dollar gain on U.S. retail sales, drug trial

Tue, 2020-06-16 12:43
Risk appetite found new life on Tuesday on a record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment, driving global equity markets higher and boosting the dollar.
Categories: Business News

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