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Updated: 4 years 23 weeks ago
UPDATE 2-Embraer open to new partnerships after Boeing deal collapses
Brazilian planemaker Embraer
SA said on Monday that it expects to sign new
strategic partnerships in the future, after Boeing Co
abruptly canceled a deal in April to take over the company's
commercial jet division.
Categories: Business News
Chile to see "very significant drop" in economy in May - finance minister
Chile´s finance minister
Ignacio Briones said on Monday he expects a "very significant
drop" in the country´s economy in May as measures to contain the
spread of the coronavirus hammer output in the South American
nation.
(Reporting by Natalia Ramos, writing by Dave Sherwood)
Categories: Business News
UPDATE 1-Gilead says remdesivir helped moderate COVID-19 patients improve
Gilead Sciences Inc said on
Monday its antiviral drug remdesivir showed improvement in
patients with moderate COVID-19 in a late-stage study.
Categories: Business News
Nasdaq postpones Philadelphia trading floor reopening due to protests
Nasdaq Inc said it
postponed Monday's planned reopening of its PHLX options trading
floor in Philadelphia, which had been closed because of the
coronavirus pandemic, due to the demonstrations over the death
of a black man, George Floyd, in police custody.
Categories: Business News
Aircraft makers go digital to fight coronavirus delivery logjam
Helicopter and jet makers are
turning to digital technology so customers can inspect their
big-ticket purchases remotely before taking delivery, as they
strive to push through deals paralysed by the coronavirus
pandemic and bring in much needed cash.
Categories: Business News
Mexico's Cemex flags concern over changes to power market
Mexican cement maker Cemex
said on Monday that its business may suffer if recent rule
changes announced for Mexico's electricity market end up
limiting the generation of renewable energy and imposing new
costs.
Categories: Business News
UPDATE 1-China's NetEase targets global expansion with $2.6 bln HK listing
Chinese online gaming firm
NetEase plans to raise about $2.6 billion to fund
expansion through its secondary listing which began on Monday, a
term sheet seen by Reuters showed, marking Hong Kong's largest
equity deal so far this year.
Categories: Business News
Facebook, Snapchat join chorus of companies condemning George Floyd death, racism
Facebook Inc and Snap Inc
became the latest U.S. companies condemning racial inequality
in the United States as violent protests flared up across major
cities over the death of George Floyd, an unarmed black man who
died while in police custody in Minneapolis last week.
Categories: Business News
Gilead says remdesivir helped moderate COVID-19 patients improve
Gilead Sciences Inc said on
Monday results from a study showed its antiviral drug remdesivir
demonstrated significantly greater clinical improvement in
patients with moderate COVID-19.
Categories: Business News
Must finish work on impact of U.S. sanctions before any Huawei update, says UK PM's spokesman
The first step for any decision
on Chinese telecoms company Huawei is for Britain's National
Cyber Security Centre (NCSC) to finish its work on the impact of
U.S. sanctions, a spokesman for British Prime Minister Boris
Johnson said on Monday.
Categories: Business News
UPDATE 2-Coty appoints Chairman Harf as CEO to lead turnaround
Coty Inc on Monday appointed its
Chairman and top investor JAB Holdings executive Peter Harf to
the role of chief executive officer, as the cosmetics maker
tries to revive sales and steer through the coronavirus crisis.
Categories: Business News
UPDATE 1-Canada's Suncor CEO sees electric vehicles disrupting oil demand as much as coronavirus
The shift to electric vehicles
and other low-carbon technologies could disrupt crude oil demand
on a similar scale to the coronavirus pandemic, Suncor Energy
Inc's chief executive said on Monday.
Categories: Business News
UPDATE 2-Eli Lilly starts human study of potential COVID-19 antibody treatment
Eli Lilly and Co said on Monday
it had started an early-stage trial to test its potential
treatment for COVID-19, in the world's first study of an
antibody treatment against the disease.
Categories: Business News
Music industry hits pause to reflect as U.S. protests rage
Leading record labels will mark "Black
Out Tuesday" this week, suspending business and working with
communities to fight racial inequality after protests erupted in
the United States following the death of a black man, George
Floyd, in police custody.
Categories: Business News
FDA approves emergency use of Abiomed heart pump for COVID-19 patients
Abiomed Inc said on Monday the
U.S. Food and Drug Administration has granted emergency use
authorization for its temporary invasive heart pump to help
patients suffering from COVID-19 related right heart failure.
Categories: Business News
U.S. awards new $628 mln contract to boost output of potential COVID-19 vaccine
The U.S. government on Monday entered
into a $628 million contract with drugmaker Emergent
BioSolutions to boost manufacturing capacity for a
potential COVID-19 vaccine.
Categories: Business News
Yum China to bring Beyond Meat's plant-based burgers to China
Yum China Holdings Inc said on
Monday it will introduce Beyond Meat Inc's plant-based
burgers at its fast-food restaurants in mainland China starting
June 3.
Categories: Business News
FOCUS-Wall Street and Fed fly blind as coronavirus upends annual stress tests
U.S. financial regulators,
banks and their investors will get their first glimpse into the
health of the nation's banking system as it confronts soaring
corporate and consumer defaults in the economic crisis sparked
by the novel coronavirus.
Categories: Business News
