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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
U.S. finalizes order allowing 15 passenger air carriers to suspend service to 75 airports
The U.S. Transportation
Department said late Wednesday it granted final approval to 15
airlines to temporarily halt service to 75 U.S. airports because
of a lack of demand stemming from the coronavirus pandemic.
Categories: Business News
S.Korean prosecutors seek arrest warrant for Samsung heir
South Korean prosecutors said on
Thursday they had requested an arrest warrant against Samsung
Group heir Jay Y. Lee and two former company executives as part
of an investigation into a controversial 2015 merger and alleged
accounting fraud.
Categories: Business News
Morning News Call - India, June 4
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FACTORS TO WATCH
11:30 am: Uday Kotak, CII president and MD & CEO of Kotak Mahindra Bank, at
a web conference in Mumbai.
4:00 pm: Former member of Central Board of Direct Taxes Akhilesh Ranja
Categories: Business News
GLOBAL MARKETS-Asian shares hit two-month high as economic optimism spreads
Asian shares rose to a
two-month high on Thursday as government stimulus expectations
supported investor confidence in an economic recovery from the
global coronavirus pandemic.
Categories: Business News
Brazil meatpackers bought cattle linked to deforestation, says Greenpeace
Brazilian meatpackers JBS SA
, Marfrig and Minerva purchased
thousands of cattle linked to deforestation of the Amazon
rainforest since 2018, advocacy group Greenpeace Brasil alleged
in a report published on Thursday.
Categories: Business News
Romania - Factors to watch on June 4
Here are news stories, press
reports and events to watch which may affect Romanian financial
markets on Thursday.
Categories: Business News
U.S. clears private equity as investment option for retirement plans
The U.S. Department of Labor issued
guidance on Wednesday that allows private equity investments to
be offered to U.S. retirement plans as part of diversified
investment funds, a move that the leveraged buyout industry has
long called for.
Categories: Business News
UPDATE 2-ZoomInfo prices IPO above target in 2020's largest tech listing so far -sources
ZoomInfo Technologies Inc on
Wednesday priced its initial public offering (IPO) above its
upwardly revised target range in the largest U.S. technology
listing so far this year, people familiar with the matter said.
Categories: Business News
UPDATE 2-Snapchat removes Trump account from curated promotional section
Snap Inc said it
would no longer promote U.S. President Donald Trump's account in
Snapchat's Discover section, saying his incendiary comments last
week made the account ineligible for the curated section where
users explore new content.
Categories: Business News
UPDATE 3-Pilgrim's Pride CEO indicted over alleged U.S. chicken price-fixing
The chief executive
of Pilgrim's Pride Corp, a major U.S. poultry company,
was indicted along with three other current and former industry
executives on charges of seeking to fix the price of chickens,
the Justice Department said on Wednesday.
Categories: Business News
PRESS DIGEST-Financial Times - June 4
The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Categories: Business News
FOCUS-Amid pandemic, investors bet on India's Jio and its giant-killer playbook
From its Silicon Valley-like
campus near Mumbai, Indian billionaire Mukesh Ambani's Jio
telecom carrier is emerging as a winner from changes in the way
Indian consumers plug into a digital economy made more urgent by
the coronavirus pandemic.
Categories: Business News
UPDATE 1-Amazon is sued over warehouses after New York worker brings coronavirus home, cousin dies
Amazon.com Inc has
been sued for allegedly fostering the spread of the coronavirus
by mandating unsafe working conditions, causing at least one
employee to contract COVID-19, bring it home, and see her cousin
die.
Categories: Business News
PRESS DIGEST-British Business - June 4
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.
Categories: Business News
UPDATE 1-Snapchat removes Trump account from curated promotional section
Snap Inc said it
would no longer promote U.S. President Donald Trump's account in
Snapchat's Discover section, saying his incendiary comments last
week made the account ineligible for the curated section where
users explore new content.
Categories: Business News
GLOBAL MARKETS-Asian stocks set to extend gains as stimulus fans recovery hopes
Stronger appetite for riskier
assets is set to lift Asian equities on Thursday, as government
stimulus expectations support investor confidence in an economic
recovery from the coronavirus.
Categories: Business News
Telus director Stockwell Day steps down after likening racism to childhood bullying
Canadian telecom firm Telus Corp
said director Stockwell Day had stepped down from its board a
day after the former cabinet minister compared enduring racism
to his experience of being teased in school for wearing glasses.
Categories: Business News
UPDATE 1-Mexican glass maker Vitro to shut two U.S. plants due to coronavirus
Mexican glass producer Vitro
said on Wednesday that it will shut two plants in the United
States before the end of the year after the effects of the novel
coronavirus pandemic hit demand from the automotive sector.
Categories: Business News
Early Facebook staffers denounce Zuckerberg stance on Trump posts
Nearly three dozen former
employees from Facebook's early days on Wednesday blasted
Chief Executive Mark Zuckerberg's decision not to act against
incendiary posts by U.S. President Donald Trump as "cowardly"
and a "betrayal" of company ideals.
Categories: Business News
Amazon is sued over warehouses after New York worker brings coronavirus home, cousin dies
Amazon.com Inc has
been sued for allegedly fostering the spread of the coronavirus
by mandating unsafe working conditions, causing at least one
employee to contract COVID-19, bring it home, and see her cousin
die.
Categories: Business News