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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-China is using Huawei to drive a wedge in the UK-US special relationship - senator

Tue, 2020-06-02 09:28
China is using telecoms giant Huawei to try to drive a wedge between Britain and the United States, Republican senator Tom Cotton told British lawmakers on Tuesday.
Categories: Business News

US STOCKS-S&P 500, Dow scale fresh three-month peaks

Tue, 2020-06-02 09:20
* MoneyGram surges on report of takeover offer from Western Union
Categories: Business News

MEDIA-Tencent invests $260 mln in Czech game studio Bohemia Interactive- The Information

Tue, 2020-06-02 09:13
-- Note: Reuters has not verified this story and does not vouch for its accuracy
Categories: Business News

Too early to exclude travellers from UK coronavirus quarantine -testing coordinator

Tue, 2020-06-02 09:02
It is too early to be able to exclude some international travellers from quarantine measures due to be introduced next week to prevent a resurgence of the coronavirus, Britain's COVID-19 testing coordinator said on Tuesday.
Categories: Business News

U.S. shale producers begin restoring output as oil prices turn higher

Tue, 2020-06-02 09:01
* Shale restart challenges OPEC discussions to extend deep cuts
Categories: Business News

California attorney general submits regulations for approval under privacy law

Tue, 2020-06-02 09:00
California's attorney general on Tuesday submitted proposed regulations for approval under the state's new digital privacy law, which gives Americans the right to request that their data be deleted from e-commerce websites and social media.
Categories: Business News

U.S. auto sales in May encourage Detroit plan to rebuild inventories

Tue, 2020-06-02 08:57
Several automakers on Tuesday reported stronger-than-expected May sales in the United States, and the Detroit automakers said they will work through their annual summer shutdowns to rebuild inventories as demand recovers from coronavirus shutdowns.
Categories: Business News

Rental fleet collapse drags down U.S. vehicle sales

Tue, 2020-06-02 08:55
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 2-German stocks outpace rest of Europe as cyclicals jump

Tue, 2020-06-02 08:48
* Norway's Seadrill slides on $1.2 billion asset writedown (Updates to market close)
Categories: Business News

China is using Huawei to drive a wedge in the UK-US special relationship - senator

Tue, 2020-06-02 08:13
China is using telecoms giant Huawei to try to drive a wedge between Britain and the United States, Republican senator Tom Cotton told British lawmakers on Tuesday.
Categories: Business News

GLOBAL MARKETS-Equities cruise to three-month highs, dollar under protest pressure

Tue, 2020-06-02 07:58
World stock markets hit their highest levels since March and oil prices jumped on Tuesday as signs of a global economic recovery from the coronavirus pandemic offset concerns over the worst civil unrest in the United States in decades.
Categories: Business News

U.S. sanctions four shipping firms for transporting Venezuelan oil

Tue, 2020-06-02 07:55
The U.S. Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington's effort to oust socialist President Nicolas Maduro by cutting off the OPEC nation's crude exports.
Categories: Business News

H&M closes U.S. stores amid protests, says it stands behind black community

Tue, 2020-06-02 07:51
H&M, the world's second-biggest fashion retailer, said on Tuesday it had temporarily closed 95 of its stores in the United States because of the violent protests following the death of George Floyd in police custody.
Categories: Business News

UPDATE 1-Emirates to decide on fleet size in the next few months

Tue, 2020-06-02 07:47
Emirates will decide over the next few months on the size of its future fleet, the Dubai-based airline's president said on Tuesday.
Categories: Business News

US STOCKS-S&P 500, Dow scale fresh three-month peaks

Tue, 2020-06-02 07:43
* MoneyGram surges on report of takeover offer from Western Union
Categories: Business News

GM, Ford join U.S. companies condemning George Floyd death, racism

Tue, 2020-06-02 07:32
General Motors Co and Ford Motor Co condemned racial inequality in the United States following the death of George Floyd, an unarmed black man, at the hands of police in Minneapolis last week.
Categories: Business News

UPDATE 3-Seadrill warns on future after taking $1.2 bln write-off

Tue, 2020-06-02 07:10
* Substantial doubt over company's future unless debt converted
Categories: Business News

EMERGING MARKETS-Mexico's peso surges 2%, Argentina extends debt deadline

Tue, 2020-06-02 07:06
Latin American currencies rallied on Tuesday with Mexico's peso hitting 11-week highs as hopes of recovery from a likely deep recession buoyed sentiment. Regional stocks surged, tracking a higher open on Wall Street. Brazil's Bovespa index scaled 12-week highs, while Mex
Categories: Business News

Emirates to decide on fleet size in the next few months

Tue, 2020-06-02 06:59
Emirates will make a decision on the size of its future fleet in the next few months once there is greater clarity on whether demand for travel will start to rebound next year, the airline's president said on Tuesday.
Categories: Business News

UPDATE 2-Indian carmakers offer teaser loans as RBI softens stance, sources say

Tue, 2020-06-02 06:55
Maruti Suzuki, Hyundai and Mercedes Benz are offering Indian car buyers "teaser loans", a move that sources said followed a softening of the central bank's stance due to a coronavirus-induced economic slump.
Categories: Business News

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