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Updated: 4 years 22 weeks ago

UPDATE 1-KBR wins $570 mln contract for NASA spaceflight operations

Mon, 2020-06-15 03:00
Houston-based engineering company KBR Inc said on Monday it was awarded a $570.3 million contract by NASA to develop and execute spaceflight operations at Marshall Space Flight Center in Huntsville, Alabama.
Categories: Business News

Meatpacking workers often absent after Trump order to reopen

Mon, 2020-06-15 03:00
Smithfield Foods Inc is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers' union.
Categories: Business News

Eli Lilly starts trial of rheumatoid arthritis drug in COVID-19 patients

Mon, 2020-06-15 02:45
Eli Lilly and Co on Monday said it was launching a study of its rheumatoid arthritis drug baricitinib in patients hospitalized for COVID-19.
Categories: Business News

US STOCKS-Futures drop on fears of fresh virus wave

Mon, 2020-06-15 02:22
U.S. stock index futures tumbled on Monday as a recent jump in coronavirus cases in China and parts of the United States doused investor hopes of a quick economic rebound that had powered the Nasdaq to record levels last week.
Categories: Business News

EMERGING MARKETS-Fears of second virus wave rattle Asia, Philippine stocks fall 5%

Mon, 2020-06-15 02:21
Southeast Asian stock markets fell sharply, led by the Philippines, and risk sentiment for currencies took a hit on Monday on fears that a second wave of coronavirus infections could deepen the economic rout. The rising number of COVI
Categories: Business News

KBR gets $570 mln contract from NASA

Mon, 2020-06-15 02:20
U.S. engineering company KBR Inc said on Monday it had been awarded a $570.3 million contract by NASA to develop and execute spaceflight operations at Marshall Space Flight Center in Huntsville, Alabama.
Categories: Business News

UPDATE 1-Japan halts deployment of Aegis Ashore missile defence system

Mon, 2020-06-15 02:19
Japanese Defence Minister Taro Kono said on Monday that he had suspended plans to deploy two Aegis Ashore air defence radar stations designed to detect and counter North Korean ballistic missiles.
Categories: Business News

UPDATE 1-France expects AstraZeneca COVID-19 vaccine to be shared pro rata

Mon, 2020-06-15 02:19
A deal between AstraZeneca and France over potential COVID-19 vaccines involves doses being split between countries on a pro-rata basis based on population, a source at the French President's office said on Monday.
Categories: Business News

Deals of the day-Mergers and acquisitions

Mon, 2020-06-15 02:00
The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:
Categories: Business News

INSIGHT-Black Americans disproportionately die in police Taser confrontations

Mon, 2020-06-15 02:00
As police confront protesters across the United States, they're turning to rubber bullets, pepper spray, tear gas and other weapons meant to minimize fatalities.
Categories: Business News

REFILE-France expects AstraZeneca COVID-19 vaccine to be shared pro rata

Mon, 2020-06-15 01:56
A deal between AstraZeneca and France over potential COVID-19 vaccines foresees doses being split between countries on a pro-rata basis based on population, a source at the French President's office said on Monday.
Categories: Business News

UPDATE 1-EasyJet resumes flying with COVID-19 measures in place

Mon, 2020-06-15 01:25
EasyJet aircraft took to the skies for the first time since March 30 on Monday, as the British carrier resumed a small number of mainly domestic flights after weeks of lockdown.
Categories: Business News

Japan's defense minister says he has halted deployment of Aegis Ashore system

Mon, 2020-06-15 01:06
Japanese Defense Minister Taro Kono said on Monday that he had halted plans to deploy the Aegis Ashore air defense radar that can track and target ballistic missiles in space in two parts of Japan.
Categories: Business News

UPDATE 1-Primark pulls the crowds as stores reopen in England after lockdown

Mon, 2020-06-15 01:01
Long queues of shoppers snaked outside some stores in England from early in the morning on Monday, with discount fashion retailer Primark proving a big draw as non-essential shops reopened their doors after 83 days of lockdown.
Categories: Business News

EMERGING MARKETS-Stocks set for worst day in over 3 weeks on second virus wave fears

Mon, 2020-06-15 00:38
Emerging market stocks were headed for their worst day in more than three weeks on Monday, due to concerns over a second wave of coronavirus infections and subdued industrial data from China.
Categories: Business News

GLOBAL MARKETS-Virus second-wave fears rattle markets, stocks fall

Mon, 2020-06-15 00:10
Fears that a second wave of COVID-19 infections is under way sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe havens such as German government debt.
Categories: Business News

Nokia adds Broadcom as third 5G chip vendor to diversify supply

Mon, 2020-06-15 00:00
Finland's Nokia Oyj said on Monday it had partnered with Broadcom to develop chips for 5G equipment in its third such deal following ones with Intel and Marvell.
Categories: Business News

U.S. to unveil voluntary self-driving testing data-sharing effort

Mon, 2020-06-15 00:00
U.S. auto safety regulators will unveil on Monday a voluntary effort to collect and make available nationwide data on existing autonomous vehicle testing.
Categories: Business News

Tesla's China car registrations up 150% mth/mth in May

Sun, 2020-06-14 23:34
U.S. electric vehicle maker Tesla Inc's China car registrations in May jumped 150% month on month, data from auto consultancy LMC Automotive showed.
Categories: Business News

UPDATE 1-Commerzbank to cut more jobs, branches -board member

Sun, 2020-06-14 23:30
* Board member also criticises Cerberus demands for change (Adds detail)
Categories: Business News

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