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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

UPDATE 1-WhatsApp, Paypal invest in Indonesian payment and ride-hailing firm Gojek

Tue, 2020-06-02 18:19
Facebook Inc messaging platform WhatsApp and Paypal Holdings Inc on Wednesday said they have invested in payment and ride-hailing firm Gojek as part of the Indonesian firm's ongoing fundraising round.
Categories: Business News

Tensions simmer in Hong Kong as controversial anthem law back up for debate

Tue, 2020-06-02 18:07
Hong Kong lawmakers are set to resume a debate on Wednesday over a controversial bill that would make disrespecting China's national anthem a criminal offence, as the city ramps up for fresh protests amid simmering anti-government tensions.
Categories: Business News

U.S. oil companies monitor Gulf of Mexico storm

Tue, 2020-06-02 17:44
U.S. oil companies are monitoring the first tropical storm of the 2020 Atlantic hurricane season to threaten the offshore oil patch in the U.S.-regulated northern Gulf of Mexico.
Categories: Business News

Facebook takes down white nationalist and fake antifa accounts

Tue, 2020-06-02 17:40
Facebook Inc said Tuesday it has suspended accounts associated with white nationalist groups after some advocated bringing weapons to the current wave of anti-racist protests.
Categories: Business News

PRESS DIGEST-Financial Times - June 3

Tue, 2020-06-02 17:13
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

Death of reality TV show star in Japan spotlights cyber bullying

Tue, 2020-06-02 16:48
The recent death of Hana Kimura, a bubbly, pink-haired 22-year-old wrestler and reality TV show star, has spotlighted a rise in cyber bullying in Japan and prompted swift official pledges to do more to protect victims.
Categories: Business News

CORRECTED-UPDATE 3-Canadian telcos tap Ericsson, Nokia for 5G gear, ditching Huawei

Tue, 2020-06-02 16:48
Two of Canada's largest telecoms firms on Tuesday teamed with Sweden's Ericsson and Finland's Nokia Oyj to build fifth-generation (5G) telecoms networks, ditching China's Huawei Technologies for the project.
Categories: Business News

PRESS DIGEST- British Business - June 3

Tue, 2020-06-02 16:46
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 2-Google faces $5 bln lawsuit in U.S. for tracking 'private' internet use

Tue, 2020-06-02 16:17
Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by pervasively tracking their internet use through browsers set in "private" mode.
Categories: Business News

UPDATE 4-Zoom nearly doubles revenue forecast on remote-work boost, but costs rising

Tue, 2020-06-02 16:08
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.
Categories: Business News

GLOBAL MARKETS-Asian stocks set to gain as stimulus hopes support risk appetite

Tue, 2020-06-02 15:59
Asian stocks were poised to follow the global rally on Wednesday as hopes of more government stimulus bolstered riskier assets and overshadowed a host of other worries from the coronavirus to Hong Kong and growing U.S. civil unrest.
Categories: Business News

UPDATE 3-Twitter names ex Google CFO Pichette as chair, Kordestani to stay on

Tue, 2020-06-02 15:38
Twitter Inc on Tuesday appointed Patrick Pichette, a former chief financial officer at Google, as the social network's board chairman, marking the first time in Twitter's history that an outsider will preside over the group.
Categories: Business News

Google is sued in U.S. for tracking users' 'private' internet browsing

Tue, 2020-06-02 14:05
Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by tracking their internet use from browsers set in "private" browsing mode.
Categories: Business News

UPDATE 1-Rental fleet collapse drags down U.S. vehicle sales

Tue, 2020-06-02 13:59
The collapse in demand for new vehicles from U.S. rental car fleets hit automakers hard in May, even as consumer sales were stronger than expected as coronavirus stay-at-home orders began to ease.
Categories: Business News

UPDATE 3-Canadian telcos tap Ericsson, Nokia for 5G gear, ditching Huawei

Tue, 2020-06-02 13:42
Two of Canada's largest telecoms firms on Tuesday teamed with Sweden's Ericsson and Finland's Nokia Oyj to build fifth-generation (5G) telecoms networks, ditching China's Huawei Technologies for the project.
Categories: Business News

UPDATE 3-Zoom doubles forecast for full-year revenue on remote-work boost

Tue, 2020-06-02 13:40
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.
Categories: Business News

UPDATE 3-Tech advocacy group's lawsuit says Trump's order on social media is unconstitutional

Tue, 2020-06-02 13:39
An advocacy group backed by the tech industry sued President Donald Trump on Tuesday over his executive order that would weaken a law protecting online platforms including social media companies that label or fact-check his posts.
Categories: Business News

UPDATE 2-Twitter names ex-Google CFO Patrick Pichette chairman

Tue, 2020-06-02 13:37
Twitter Inc said on Tuesday that it appointed Patrick Pichette, former chief financial officer at Google, as chairman, replacing Omid Kordestani.
Categories: Business News

UPDATE 1-Lyft says May rides jump 26% from prior month

Tue, 2020-06-02 13:30
Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where coronavirus-induced restrictions have been eased.
Categories: Business News

UPDATE 1-U.S. FAA chief to testify at Senate hearing on Boeing 737 MAX

Tue, 2020-06-02 13:15
U.S. Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing 737 MAX that was involved in two fatal crashes in five months that killed 346 people.
Categories: Business News

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