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Updated: 4 years 23 weeks ago
TABLE-Combined oil inventories in UAE's Fujairah hit record high in week ended June 1
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
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
UPDATE 1-UK Stocks-Factors to watch on June 3
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
Categories: Business News
SMBC Aviation Capital defers 68 Boeing MAX jets to 2025-27
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
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
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
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
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
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
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
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
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
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
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
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
Categories: Business News
Morning News Call - India, June 3
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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
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