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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

Canada to ramp up COVID-19 testing and tracing, recommend digital app

Fri, 2020-05-22 08:44
Canada will ramp up COVID-19 testing and contact tracing as it gradually lifts restrictions and is working closely with Apple Inc and Alphabet Inc's Google on a mobile phone app to help, the prime minister said on Friday.
Categories: Business News

CORRECTED-BRIEF-Hyatt Files For Shelf Of Up To 13.3 Mln Shares By Selling Stockholders

Fri, 2020-05-22 08:36
* HYATT HOTELS CORP FILES FOR SHELF OF UP TO 13.3 MILLION SHARES OF CLASS A COMMON STOCK, BY SELLING STOCKHOLDERS - SEC FILING Source: (https://bit.ly/36lhf6B) Further company coverage:
Categories: Business News

UPDATE 2-UK to introduce quarantine for international arrivals on June 8

Fri, 2020-05-22 08:34
Britain will introduce a COVID-19 quarantine for for travellers arriving from overseas from June 8, interior minister Priti Patel said on Friday, a measure that airlines have warned will devastate their industry.
Categories: Business News

UK to impose 14-day quarantine for international arrivals from June 8

Fri, 2020-05-22 08:21
Britain will introduce a 14-day quarantine for almost all international travellers from June 8, interior minister Priti Patel said on Friday, with anyone breaking the rules facing a 1,000 pound ($1,218) fine.
Categories: Business News

Evofem wins U.S. FDA approval for non-hormonal birth control gel

Fri, 2020-05-22 08:17
The U.S. Food and Drug Administration on Friday approved Evofem Biosciences Inc's birth control gel, ushering in the first non-hormonal contraceptive for women in over three decades.
Categories: Business News

ABL providers step up with capital in uncertain environment

Fri, 2020-05-22 08:12
NEW YORK, May 22 (LPC) - Middle market companies that have exhausted traditional funding sources are increasingly using their assets as collateral to access vital liquidity for their operations.
Categories: Business News

Hedge funds increased exposure to growth favorites in first quarter - Goldman

Fri, 2020-05-22 08:04
Hedge funds concentrated their portfolios even further into growth stocks including Amazon.com Inc and Microsoft Corp in the first quarter of 2020 as the COVID-19 pandemic pummeled U.S. markets, Goldman Sachs analysts said in a report.
Categories: Business News

INSIGHT-How one Indian company could be world's door to a COVID-19 vaccine

Fri, 2020-05-22 07:56
If the world is to gain access to a vaccine for COVID-19, there's a good chance it will pass through the doors of Serum Institute of India.
Categories: Business News

UPDATE 5-Pakistani airliner carrying 99 crashes in Karachi, many feared dead

Fri, 2020-05-22 07:47
* Bank chief one of at least two survivors - regional government
Categories: Business News

CORRECTED-Wall St Week Ahead-Investors look beyond drug makers as hunt for Covid-19 treatment heats up

Fri, 2020-05-22 07:44
Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks.
Categories: Business News

US STOCKS-Wall St dips as U.S.-China tensions add to economic woes

Fri, 2020-05-22 07:40
* Indexes fall: Dow 0.56%, S&P 0.33%, Nasdaq 0.19% (Adds details, comments, updates prices)
Categories: Business News

GLOBAL MARKETS-Hong Kong tensions unnerve world stock markets, oil tumbles

Fri, 2020-05-22 07:30
Global equity markets edged lower on Friday as Beijing moved to impose a new security law on Hong Kong after last year's pro-democracy unrest, further straining U.S.-China ties that cast a pall over recovery prospects and sent oil prices tumbling.
Categories: Business News

Brazil telecom watchdog sees COVID-19 boosting broadband usage, admits delay in 5G auction

Fri, 2020-05-22 07:14
Brazil's broadband service usage has grew by between 40% and 50% amid the coronavirus pandemic, the president of telecoms watchdog Anatel said on Friday, admitting for the first time that social distancing measures to curb the outbreak may ultimately delay the 5G auction schedule.
Categories: Business News

French court orders insurer Axa to pay restaurant's COVID-19 losses

Fri, 2020-05-22 07:06
A Paris commercial court has ruled that French insurer Axa will have to pay a restaurant owner two months' worth of coronavirus-related revenue losses, the restaurant's lawyer said on Friday.
Categories: Business News

Sinovac says it has started mid-stage human trials of COVID-19 vaccine

Fri, 2020-05-22 06:55
Sinovac Biotech Ltd said on Friday it had started mid-stage human trials of its experimental coronavirus vaccine in China earlier this month.
Categories: Business News

US STOCKS-Wall St set for muted open on simmering U.S.-China tensions

Fri, 2020-05-22 05:07
* Futures mixed: Dow up 0.09%, S&P up 0.09%, Nasdaq off 0.10% (Adds comment, details, updates prices)
Categories: Business News

NetEase and JD.com set dates for $5 bln Hong Kong listings

Fri, 2020-05-22 05:07
Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com, four sources with direct knowledge of the matter said.
Categories: Business News

Pakistan crash pilot sent Mayday with 'lost engines' -liveatc.net

Fri, 2020-05-22 04:52
The pilot of a crashed Pakistan International Airlines jet sent a Mayday and told controllers the aircraft had lost power from both its engines on its second attempt to land, according to a recording posted on monitoring website liveatc.net.
Categories: Business News

UPDATE 2-Pinduoduo beats revenue estimates as online shopping demand soars

Fri, 2020-05-22 04:39
China's Pinduoduo Inc beat first-quarter revenue estimates on Friday as more people shopped on its e-commerce platform during coronavirus lockdowns that have shut most brick-and-mortar outlets.
Categories: Business News

UPDATE 5-China's plans for security agencies in Hong Kong will "silence city", activists say

Fri, 2020-05-22 04:36
* Pompeo says China plan "would be a death knell" for autonomy
Categories: Business News

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