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Updated: 4 years 23 weeks ago
UPDATE 6-Oil prices slip despite OPEC+ cuts as Gulf ends voluntary curbs
* OPEC+ cuts for May and June: https://tmsnrt.rs/2SsCSMN
(Recasts with negative prices, updates prices adds comment)
Categories: Business News
Good compliance so far with UK quarantine, says PM's spokesman
Early indications suggest there
has been a "good level of compliance" with Britain's
introduction of a 14-day quarantine for those arriving in the
country, a spokesman for Prime Minister Boris Johnson said on
Monday.
Categories: Business News
UPDATE 1-Norway to keep oil output cut unchanged after OPEC+ deal extension
Norway, Western Europe's largest
oil producer, has no plans to modify its existing plans for
production cuts, following the OPEC+ group's agreement to extend
a deal on record output cuts to the end of July, the oil
ministry said on Monday.
Categories: Business News
Commvault reaches agreement with Starboard, adds independent directors
Commvault has reached an
agreement with activist hedge fund Starboard Value and added
three independent directors to the data management software
firm's board, it said on Monday.
Categories: Business News
CANADA STOCKS-TSX futures dip after prior session rally
Canada's main stock index futures treaded
water on Monday, after stocks hit a three-month high in the
previous session on tentative signs of a rebound in the domestic
employment rate.
Categories: Business News
Ryanair boss sees UK quarantine dropped or quashed by end-June
Ryanair believes
Britain's courts will either strike down a 14-day quarantine for
international travellers this week or the government will drop
the measure before the end of June, boss Michael O'Leary told
Reuters on Monday.
Categories: Business News
UPDATE 1-CrossFit chief sorry for tweet on Floyd killing after Reebok split
CrossFit founder Greg Glassman has
apologized for a tweet that equated the police killing of a
black man in the United States to the COVID-19 pandemic, after
it drew widespread criticism and resulted in footwear brand
Reebok breaking its ties with the fitness regimen.
Categories: Business News
UPDATE 4-Samsung leader appears in court, waits to hear if he'll be jailed again
Samsung Group's leader, Jay Y.
Lee, appeared before a South Korean court on Monday, awaiting a
ruling on whether new allegations including accounting fraud and
stock manipulation will send him back to jail after more than
two years of freedom.
Categories: Business News
UPDATE 1-PG&E plans $5.75 bln equity raise to fund bankruptcy exit
California-based power provider PG&E Corp
said on Monday it plans to raise $5.75 billion from
public offerings as it tries to emerge from Chapter 11
bankruptcy by the end of this month.
Categories: Business News
US STOCKS-Futures rise on optimism over economic revival
U.S. stock index futures rose on Monday
as a surprisingly upbeat jobs report last week added to optimism
that the world's biggest economy has weathered the worst fallout
of the coronavirus outbreak.
Categories: Business News
UPDATE 1-EasyJet CEO says legal case against UK quarantine is strong
Britain's quarantine plan was
rushed into existence, is out of proportion and should be
challenged in the courts, according to the head of easyJet which
has joined rivals in threatening legal proceedings.
Categories: Business News
PG&E expects to raise $5.75 bln from public offerings to fund bankruptcy exit
Power provider PG&E Corp said on
Monday it plans to raise $5.75 billion from public offerings to
partially fund its emergence from Chapter 11 bankruptcy.
Categories: Business News
Chinese liquor makers seek listings as investors keep spirits up
Two more liquor makers have
sought listings in China, riding a wave of investor enthusiasm
over spirit makers which has helped push their shares to record
highs.
Categories: Business News
EasyJet CEO warns UK quarantine could lead to more job losses
EasyJet could have to
make further job cuts if the government's quarantine policy
continues for a long period, the airline's chief executive
warned.
Categories: Business News
UPDATE 2-German industrial output posts record plunge, no quick recovery in sight
* Merkel's cabinet speeds up on stimulus package
(Adds cabinet meeting on stimulus package, consumer survey)
Categories: Business News
UPDATE 4-Oil prices rise on OPEC+ cuts, record China imports
* OPEC+ cuts for May and June: https://tmsnrt.rs/2SsCSMN
(Changes dateline, updates prices, modifies throughout)
Categories: Business News
GLOBAL-MARKETS-Stocks pause after recent run
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh
(Recasts top half, updates prices, adds graphic)
Categories: Business News
