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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 23 weeks ago

UPDATE 1-France presents aid package to 'save' aerospace industry

Tue, 2020-06-09 00:08
France launched what it said was a 15 billion euro ($17 billion) rescue plan for its aerospace industry on Tuesday, warning 100,000 jobs were directly at stake due to the coronavirus crisis travel slump.
Categories: Business News

MORNING BID-Taking a breather?

Mon, 2020-06-08 23:59
(A look at the day ahead from Karin Strohecker, chief correspondent, emerging markets. The views expressed are her own.) The equity rally fuelled by optimism over economic recovery from the coronavirus pandemic looks like it might be losing some steam, despite more good news from some key financial centres.
Categories: Business News

German freight tech start-up Sennder merges with France's Everoad

Mon, 2020-06-08 23:00
German freight technology firm Sennder said on Tuesday it was merging with French peer Everoad in a deal that keeps it on track for its target of 1 billion euros ($1.1 billion) in revenue by 2024.
Categories: Business News

EXPLAINER-What are antibody therapies and who is developing them for COVID-19?

Mon, 2020-06-08 22:56
While some potential vaccines have emerged in the global race to find a way to stop the spread of COVID-19, many scientists and researchers believe antibody based therapies hold great promise for treating people already infected with the disease.
Categories: Business News

UK tourism group says government plans to open travel corridors from June 29

Mon, 2020-06-08 22:44
Travel corridors allowing unrestricted movement between Britain and some other countries will open from June 29, a UK tourism lobby group said on Tuesday, citing assurances it said it had received from senior government sources.
Categories: Business News

UPDATE 1-UK Stocks-Factors to watch on June 9

Mon, 2020-06-08 22:44
Britain's FTSE 100 index is seen opening 6 points higher at 6,478 on Tuesday, according to financial bookmakers, with futures up 0.02% ahead of cash markets open.
Categories: Business News

GLOBAL MARKETS-Asian shares extend gains as economic recovery hopes build

Mon, 2020-06-08 22:00
* Oil prices up on hopes of higher fuel demand as lockdowns ease
Categories: Business News

UPDATE 2-TSMC says could fill order gap if unable to sell chips to Huawei

Mon, 2020-06-08 21:58
* TSMC has been caught up in China-U.S. diplomatic tension (Adds quotes, details, byline)
Categories: Business News

UK Stocks-Factors to watch on June 9

Mon, 2020-06-08 21:34
Britain's FTSE 100 index is seen opening 6 points higher at 6,478 on Tuesday, according to financial bookmakers. * BARCLAYS: British businesswoman Amanda Staveley's private equity firm told London's High Court on Monday it had received a "substantially worse" deal than Qatar when its syndicate invested billions of pounds in Barclays during the financial crisis in 2008. * SHELL: Royal Dutch Shell PLC said it will restart drilling and begin redeploying some non-essen
Categories: Business News

PRESS DIGEST -Wall Street Journal - June 9

Mon, 2020-06-08 21:28
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

TSMC says still in talks about subsidies for new U.S. plant

Mon, 2020-06-08 20:18
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is still in talks with the U.S. government about subsidies for its new plant in Arizona, chairman Mark Liu said on Tuesday.
Categories: Business News

REFILE-UPDATE 1-Chinese telecom firms urge FCC not to revoke ability to operate in U.S.

Mon, 2020-06-08 19:30
The U.S. units of China Telecom Corp’s and China Unicom urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorization to provide international telecommunications services to and from the United States.
Categories: Business News

Morning News Call - India, June 9

Mon, 2020-06-08 19:21
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06092020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 11:00 am: Finance Minister Nirmala Sitharaman to hold video conference with heads of state-run banks to review credit flow in New Delhi. 12:30 pm: ICRA webinar on the Indian
Categories: Business News

UPDATE 1-TSMC says could fill order gap if unable to sell chips to Huawei

Mon, 2020-06-08 19:08
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) could quickly fill the order gap created by the inability to sell to Huawei's HiSilicon chip division due to U.S. restrictions, the company's chairman said on Tuesday.
Categories: Business News

UPDATE 1-Online used car seller Vroom raises $467.5 mln in upsized U.S. IPO

Mon, 2020-06-08 19:07
Online used car seller Vroom Inc raised $467.5 million in its U.S. initial public offering, the company said on Monday, as the IPO market picks up momentum after the COVID-19 pandemic placed many debuts on hold.
Categories: Business News

GLOBAL MARKETS-Asia stocks extend rally as economic recovery hopes boost confidence

Mon, 2020-06-08 19:02
* Oil prices jump hopes of higher fuel demand as lockdowns ease
Categories: Business News

UPDATE 1-IBM exits facial recognition business, calls for police reform

Mon, 2020-06-08 18:41
International Business Machines Corp disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive Officer Arvind Krishna said.
Categories: Business News

UPDATE 1-California says movie theaters can reopen by Friday with crowd limits

Mon, 2020-06-08 18:35
Movie theaters can reopen in California as early as Friday if they receive approval from local officials, limit attendance and impose other safeguards to prevent the spread of the novel coronavirus, the state's health department said on Monday.
Categories: Business News

TSMC says planned U.S. factory in line with company's interests

Mon, 2020-06-08 18:17
Taiwan Semiconductor Manufacturing Co Ltd's planned factory in the United States is "definitely in line with" the company's interests, Chairman Mark Liu told investors on Tuesday.
Categories: Business News

Alibaba says cloud unit to recruit 5,000 staff globally this financial year

Mon, 2020-06-08 18:00
Alibaba Group said its cloud unit aims to recruit 5,000 staff globally from now until the end of this financial year, in areas including network, database, servers, chips and artificial intelligence, it said in a statement on Tuesday.
Categories: Business News

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