Reuters Company News

Japanese shares slipped to near three-week low on Monday as concerns about a spike in new cases of COVID-19 worldwide poured cold water on hopes of a quick recovery from a coronavirus-driven global recession.

European shares tumbled on Monday as concerns of a second wave of coronavirus infections grew with Beijing reporting a record number of new cases, while underwhelming economic data from China also weighed on sentiment.

* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr

The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA).

Commerzbank will announce "considerably" more branch closures and job cuts when lays out its strategy review, a member of the bank's supervisory board said on Monday as he criticized a public campaign for change by a top investor, Cerberus.

Unilever Plc said on Monday it will invest 1 billion euros in a fund to invest in climate change projects and reduce to net zero greenhouse gas emissions from all its products by 2039, 11 years ahead of the Paris Agreement deadline.

Asian shares and Wall Street futures fell on Monday as growing fears of a second wave of coronavirus infections revived economic worries, while underwhelming data from China also weighed on investor sentiment.

BP will incur an up to $17.5 billion writedown in the value of its assets after lowering its long-term oil and gas price outlook in expectation of an accelerated transition away from fossil fuels, the oil major said on Monday.

Hong Kong's Disneyland theme park said on Monday it will reopen on June 18 to a reduced number of visitors and with enhanced health measures after the coronavirus outbreak forced it to close in late January.

Canadian oil sands companies have shelved nearly C$2 billion in green initiatives in a cost-cutting drive to weather the coronavirus pandemic, a reversal in some of their commitments to reduce emissions and clean up their dirty-oil image.

Indian shares slipped on Monday as a rise in domestic coronavirus cases and worries over a second wave of infections in China sapped investors' appetite for riskier assets.

E-learning company Skillsoft Corp said on Monday that it filed for pre-packaged Chapter 11 bankruptcy to reduce its debt of about $2 billion.

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Hong Kong's Disneyland theme park said on Monday it will reopen on June 18 to a reduced number of visitors and with enhanced health measures after the coronavirus outbreak forced it to close in late January.

Japanese stocks fell on Monday as concerns about a spike in new cases of COVID-19 worldwide poured cold water on hopes of a quick recovery from a coronavirus-driven global recession.

Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment.

* China May aluminium output at 2.98 mln tonnes - stats bureau

1/ROBINHOOD AND THE MERRY TRADERS "Rise and rise again until lambs become lions," runs an oft-quoted line from the 2010 film 'Robin Hood'. The motto is being taken seriously by all those merry men and maidens chasing shares in little-known or even bankrupt firms, using a mobile trading app called Robinhood.

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Volkswagen AG's Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for "preparation and training eyeing a gradual start further ahead," the company said in a statement on Sunday.