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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

Hong Kong dollar strengthens to trading limit

Thu, 2020-06-04 07:08
The Hong Kong dollar rose on Monday to 7.75 per U.S. dollar, the strong end of its trading band, for the first time since May 21.
Categories: Business News

UPDATE 2-Sterling weakens as euro rises, Brexit risks linger

Thu, 2020-06-04 07:05
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv
Categories: Business News

UPDATE 2-EBay raises forecasts on online boom, shares hit record high

Thu, 2020-06-04 07:04
EBay Inc raised its current-quarter revenue and profit forecasts on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more through its online platform, sending its shares to a record high.
Categories: Business News

Murphy Oil evacuating non-essential workers from Gulf of Mexico due to storm

Thu, 2020-06-04 07:03
Murphy Oil began evacuating non-essential workers from the U.S. Gulf of Mexico on Thursday because of the threat from Tropical Storm Cristobal.
Categories: Business News

Coronavirus crisis to boost Brazil bank lending this year by 7.6% - central bank

Thu, 2020-06-04 06:52
Bank lending in Brazil is set to rise by 7.6% this year, the central bank said in a presentation on Thursday, citing increased demand from companies hit by the economic fallout of the coronavirus pandemic.
Categories: Business News

US STOCKS-Tech stocks boost Nasdaq as recovery optimism prevails

Thu, 2020-06-04 06:46
* American Airlines up on plans to boost U.S. flights in July
Categories: Business News

UPDATE 1-Brazilian retailer Via Varejo's board approves offering; shares rise

Thu, 2020-06-04 06:41
Brazilian electronics and appliances retailer Via Varejo SA said on Thursday its board has approved a primary share offering to raise up to 4 billion reais ($790 million), driving its shares higher.
Categories: Business News

EMERGING MARKETS-Latam stocks weaken as risk rally pauses

Thu, 2020-06-04 06:37
Latin American stocks fell on Thursday and Mexico's peso eased off 12-week highs as a recent rally in risk assets on hopes of an economic recovery lost steam. MSCI's index of Latam stocks broke a three-day winning streak, with Brazil's Bovespa Mexico's IPC index both giving up about half a percent. But "the rally could have another leg higher, especially as the dollar looks to be on a downward trajectory, which may be a sign that investors are g
Categories: Business News

UPDATE 1-HKEX says many U.S.-listed Chinese firms plan Hong Kong listings

Thu, 2020-06-04 06:34
Many U.S.-listed Chinese firms will likely list on the Hong Kong exchange this year, in part because of U.S. political pressure following China's new national security legislation on Hong Kong, the head of the exchange said on Thursday.
Categories: Business News

UPDATE 3-U.S. court blocks sales of Bayer's weed killer

Thu, 2020-06-04 06:32
* Bayer says seeking new EPA registration for 2021 (Adds analyst comment, background in dicamba)
Categories: Business News

WRAPUP 3-U.S. jobless claims dip below 2 million, road to recovery rocky

Thu, 2020-06-04 06:30
The number of Americans filing for unemployment benefits dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies adjust to an environment that has been significantly changed by COVID-19.
Categories: Business News

CANADA STOCKS-TSX falls on oil weakness, dismal trade data

Thu, 2020-06-04 06:24
Canada's main stock index fell on Thursday as the heavyweight energy sector dropped on lower oil prices, with bleak trade data for April further denting sentiment.
Categories: Business News

Swiss to vote on companies' global liability for rights abuses

Thu, 2020-06-04 06:19
Swiss voters look set to get the final say on whether Swiss-based companies should be liable for human rights abuses and environmental violations in operations even outside Switzerland.
Categories: Business News

GLOBAL MARKETS-ECB sends euro higher, stocks struggle with fatigue

Thu, 2020-06-04 06:16
World markets swung between hope and caution on Thursday as a another shot of European Central Bank stimulus was offset by still-troublesome U.S. data and general fatigue after a weeks-long rebound in risk appetites
Categories: Business News

UPDATE 1-Bank of America to pay $7.23 mln for mutual fund overcharges - FINRA

Thu, 2020-06-04 06:15
Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.
Categories: Business News

GLOBAL MARKETS-Equity rally pauses; European bonds rise on ECB stimulus

Thu, 2020-06-04 06:00
World equity markets dipped Thursday after a three-day rally and European government bonds edged higher as worse than expected U.S. economic data pointed to a long road to recovery from the coronavirus pandemic.
Categories: Business News

American Airlines seeing slow but steady rise in domestic demand

Thu, 2020-06-04 05:47
American Airlines Group Inc said on Thursday it was seeing a slow but steady rise in domestic demand, as coronavirus-led lockdowns start to ease.
Categories: Business News

Bank of America to pay $7.23 million after overcharging mutual fund customers--FINRA

Thu, 2020-06-04 05:46
Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.
Categories: Business News

CANADA STOCKS-TSX falls on weak oil prices, dismal trade data

Thu, 2020-06-04 05:42
Canada's main stock index opened lower on Thursday, weighed by falling oil prices, while bleak domestic exports and imports data in April further dented sentiment.
Categories: Business News

UPDATE 1-Russia's Sberbank in talks to buy stake in online retailer Ozon -sources

Thu, 2020-06-04 05:41
* Sberbank plans to transform into banking-to-online group (Adds detail, quotes, background)
Categories: Business News

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