Reuters Company News

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Asian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens.

Pilgrim's Pride Corp CEO Jayson Penn began a paid leave of absence following his indictment earlier this month on charges of seeking to set a fixed price for chickens with other industry executives, the company said Sunday.

U.S. poultry company Pilgrim's Pride Corp announced on Sunday its President and Chief Executive Officer Jayson Penn has begun a paid leave of absence to focus on his defense of the indictment against him over alleged U.S. chicken price-fixing.

* Jan-May crude imports at 56.91 mln T, down 7.0% on-year (Recasts, adds details)

-- Source link: https://bloom.bg/37rvJ5E

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.

Chilean copper miners' unions called on Sunday for a re-evaluation of the operational continuity plans of the country's biggest miners during what they said was an "alarming" increase in coronavirus cases among workers.

-- Source link: https://on.ft.com/3fm0tYq

Israel is in advanced talks with Moderna Inc to buy its coronavirus vaccine that is entering the final stage of testing, leading Israeli news website YNET reported on Sunday.

Germany's smartphone app to trace coronavirus infections is ready to be launched this week, Health Minister Jens Spahn said on Sunday.

-- Source link: https://bit.ly/2B43aPE

-- Source link: https://on.ft.com/2B43v4T

AstraZeneca Plc has signed a contract with European governments to supply the region with its potential vaccine against the coronavirus, the British drugmaker's latest deal to pledge its drug to help combat the pandemic.

* Too early to cut VAT tax (Releads, adds quotes from PM Johnson)

Apparel maker VF Corp is eyeing further acquisitions despite coronavirus uncertainty, saying it could be a good time to expand its collection, the Financial Times reported https://on.ft.com/2C3miO1 on Sunday.

Apparel maker VF Corp is eyeing further acquisitions despite coronavirus uncertainty, saying it could be a good time to expand its collection, the Financial Times reported https://on.ft.com/2C3miO1 on Sunday.

State-owned Saudi Aramco bought 2.1 billion shares of Saudi Basic Industries (SABIC) on the stock market on Sunday as it completed its deal agreed last year to buy 70% of the petrochemical giant, according to sources and market data.

Most Gulf stocks closed lower on Sunday, with Kuwait hardest after its banking federation said banks would not pay dividends, while Egyptian shares sold off on a spike in coronavirus cases. The Kuwaiti index tumbled 3.2%, its biggest intraday fall since April, with National Bank of Kuwait

As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.