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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

TABLE-Combined oil inventories in UAE's Fujairah hit record high in week ended June 1

Tue, 2020-06-02 23:20
Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, the following weekly inventory data for oil products for the week ended June 1. Volumes are in thousands of barrels. Figures in brackets represent volume change from prior week calculated by Reuters. Week Light Middle Residual Fuels Total Distillates Distillates 2020
Categories: Business News

UPDATE 1-Chemring backs annual outlook as half-year profit jumps on new orders

Tue, 2020-06-02 23:07
British defence contractor Chemring Group on Wednesday stood by its annual targets and posted a jump in half-year profit, as it won new orders from the United States despite the coronavirus crisis.
Categories: Business News

BRIEF-SFL Signs Lease With Goldman Sachs For Office Space In Paris

Tue, 2020-06-02 23:00
* REPORTED ON TUESDAY SFL AND GOLDMAN SACHS SIGN LEASE FOR OVER 80% OF OFFICE SPACE IN 83 MARCEAU
Categories: Business News

UPDATE 1-UK Stocks-Factors to watch on June 3

Tue, 2020-06-02 22:54
Britain's FTSE 100 index is seen opening higher on Wednesday, with futures up 1% ahead of the cash market open.
Categories: Business News

GLOBAL MARKETS-World stocks jump to 3-month high as recovery hopes outweigh looming risks

Tue, 2020-06-02 22:30
* Hopes of recovery from epidemic leads short-covering in stocks
Categories: Business News

SMBC Aviation Capital defers 68 Boeing MAX jets to 2025-27

Tue, 2020-06-02 22:29
Aircraft leasing firm SMBC Aviation Capital has deferred the delivery of 68 of Boeing's 737 MAX jet until 2025-2027, it said in its annual results on Tuesday.
Categories: Business News

U.S. probe into India's digital tax not a move of aggression, says Indian govt source

Tue, 2020-06-02 22:05
The U.S. government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against New Delhi, a senior Indian government source said on Wednesday.
Categories: Business News

UPDATE 1-British PM Johnson tells China: We'll not walk away from Hong Kong people

Tue, 2020-06-02 21:58
The United Kingdom will not walk away from the people of Hong Kong if China imposes a national security law which conflicts with Beijing's international obligations under a 1984 accord, Prime Minister Boris Johnson said on Wednesday.
Categories: Business News

TUI strikes compensation deal with Boeing, delays 737 MAX orders

Tue, 2020-06-02 21:55
TUI Group, Europe's biggest travel company, said it had struck a deal with aircraft maker Boeing for compensation and slower delivery of the 737 MAX plane, helping its finances during the coronavirus pandemic.
Categories: Business News

British PM Johnson tells China: we shall not walk away from Hong Kong

Tue, 2020-06-02 21:48
The United Kingdom will not walk away from the people of Hong Kong if China imposes a national security law which conflicts with Beijing's international obligations under a 1984 accord, Prime Minister Boris Johnson said on Wednesday.
Categories: Business News

German carmakers become more upbeat about exports, production - Ifo

Tue, 2020-06-02 21:15
German carmakers became more optimistic about their prospects for production and exports in May, a survey by the Ifo economic institute showed on Wednesday, a ray of hope for the sector that has been hit hard by the coronavirus pandemic.
Categories: Business News

UPDATE 2-WhatsApp, PayPal invest in Indonesian super app Gojek

Tue, 2020-06-02 21:12
Facebook Inc messaging platform WhatsApp and PayPal Holdings Inc on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm's ongoing fundraising round.
Categories: Business News

PRESS DIGEST- Wall Street Journal - June 3

Tue, 2020-06-02 20:24
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

BlackRock focuses on China credit, oil and travel in Asia

Tue, 2020-06-02 20:23
The world's biggest asset manager, BlackRock Inc, called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its Asia outlook on Wednesday.
Categories: Business News

PRESS DIGEST- New York Times business news - June 3

Tue, 2020-06-02 20:15
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

UPDATE 1-S.Korea approves emergency use of Gilead's anti-viral drug to treat COVID-19

Tue, 2020-06-02 20:10
South Korea said on Wednesday it has approved the emergency use of Gilead Sciences Inc's remdesivir to treat COVID-19 after a government panel last week cited positive results for the anti-viral drug in other countries.
Categories: Business News

UPDATE 1-U.S. firms concerned as tensions simmer in Hong Kong over looming legislation

Tue, 2020-06-02 19:58
A survey of U.S. businesses on Wednesday revealed deep fears for the future of their operations in Hong Kong if China imposes national security legislation that critics say could curb the financial centre's freedoms and fuel ongoing protests.
Categories: Business News

GLOBAL MARKETS-Asian stocks jump to 3-month high as recovery hopes outweigh looming risks

Tue, 2020-06-02 19:18
* Hopes of recovery from epidemic leads short-covering in stocks
Categories: Business News

Morning News Call - India, June 3

Tue, 2020-06-02 19:09
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06032020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 10:30 am: S&P Global Ratings' Asia-Pacific Chief Economist Shaun Roache at Asia Society webinar in Mumbai. PROMOTION LIVECHAT - REUTERS
Categories: Business News

S.Korea approves import of anti-viral drug remdesivir for coronavirus treatment

Tue, 2020-06-02 19:09
South Korea's Ministry of Food and Drug Safety approved a request by the country's health authorities to import Gilead Sciences Inc’s anti-viral drug remdesivir to treat COVID-19, the ministry said in a statement on Wednesday.
Categories: Business News

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