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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

How grab-and-go food chains are adjusting to coronavirus reality

Mon, 2020-06-01 02:00
Restaurants devoted mainly to quick bites and drinks are reconfiguring their businesses to limit traffic in tight quarters and maintain coronavirus social distancing.
Categories: Business News

Canada's Suncor CEO sees electric vehicles disrupting oil demand as much as coronavirus

Mon, 2020-06-01 02:00
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

Trump's social media regulation push faces key hurdle at the FCC

Mon, 2020-06-01 02:00
U.S. President Donald Trump's effort to regulate social media companies' content decisions may face an uphill battle from regulators who have previously said they cannot oversee the conduct of internet firms.
Categories: Business News

UPDATE 9-Fires burn near White House in violent U.S. protests

Mon, 2020-06-01 01:55
Fires burned near the White House, stores were looted in New York City and Southern California, and a tanker truck drove into marchers in Minneapolis as the United States struggled to contain chaotic protests over race and policing.
Categories: Business News

86 American Seafoods crew members test positive for coronavirus

Mon, 2020-06-01 01:47
Eighty-six crew members in one of American Seafoods' fish processing vessels have tested positive for COVID-19, the fishing company said on Sunday.
Categories: Business News

UPDATE 1-Truckmaker Scania signals lay-offs, has 5,000 more staff than needed

Mon, 2020-06-01 01:25
* R&D department also hit by lower sector activity (Adds details, context)
Categories: Business News

UPDATE 1-Emirates could take four years to resume flying to entire network

Mon, 2020-06-01 01:14
Emirates' outgoing President Tim Clark on Monday said it could take the state carrier up to four years to resume flying to its entire network that has been decimated by the coronavirus pandemic.
Categories: Business News

Buffett-backed BYD to supply EV batteries to Ford

Mon, 2020-06-01 01:02
Chinese electric vehicle (EV) maker BYD Co Ltd, will supply EV batteries to U.S. automaker Ford Motor Co, a document on the website of the Ministry of Industry and Information Technology showed on Monday.
Categories: Business News

UPDATE 1-South Africa loosens lockdown in economic recovery effort

Mon, 2020-06-01 00:35
* School opening delayed while teachers get PPE (Adds President Ramaphosa, rand, Standard Bank forecast)
Categories: Business News

UPDATE 1-European shares rise on relief over Trump's China response

Mon, 2020-06-01 00:34
* German, Swiss markets closed for Whit Monday (Adds comment, updates prices)
Categories: Business News

MORNING BID-Buy in May -- and in June

Mon, 2020-06-01 00:20
(A look at the day ahead from EMEA deputy markets editor Sujata Rao. The views expressed are her own.) It's nowhere in the league of the mega-RJR Nabisco leveraged buyout immortalized in the 1989 book (and subsequent film) "Barbarians at the Gate", but a Reuters report that a consortium of buyout funds is looking to make a takeover bid for Spanish telco MasMovil shows private equity may still be able to do its thing. It's oddly reassuring in these troubled times to see the barbarians still have
Categories: Business News

GLOBAL MARKETS-Stocks scale 3-month peak, dollar sags on reopening joy

Mon, 2020-06-01 00:19
World stocks were just shy of three-month highs and the dollar weakened further on Monday as optimism on economies opening up boosted risk appetite, shrugging off worries over riots in the U.S. and unease over Washington's power struggle with Beijing.
Categories: Business News

Emirates president says could take four years to rebuild network from virus hit

Mon, 2020-06-01 00:17
Emirates President Tim Clark said on Monday it could take the airline four years to rebuild its network that has been decimated by the coronavirus pandemic.
Categories: Business News

Virus-hit cruise liner leaves Japan after a month's quarantine

Sun, 2020-05-31 23:57
The Costa Atlantica cruise ship, which docked in southern Japan with over 100 crew members testing positive for COVID-19, has left the country and is en route to the Philippines, local government officials said on Monday.
Categories: Business News

Jaws returns, as Universal Studios Japan to reopen this month

Sun, 2020-05-31 23:56
Jaws is back. So are the herd of Hippogriffs from Hogwarts, and the T.Rex from Jurassic Park as Universal Studios Japan said on Monday its theme park in Osaka would open later this month for the first time since closing in March due to the coronavirus.
Categories: Business News

On quarantine, UK minister says we need to protect the nation's health

Sun, 2020-05-31 23:55
British Business Secretary Alok Sharma said on Monday that the quarantine for international travellers that has so angered some airlines was important to take care of the health of the country.
Categories: Business News

UPDATE 1-Climate activists stage protest at oilfield in southern England

Sun, 2020-05-31 23:43
Extinction Rebellion activists staged a protest on Monday at an oilfield in southern England part owned by British energy company UK Oil & Gas Plc, according to a spokeswoman for the group and photos on social media.
Categories: Business News

European shares rise in relief over Trump's China response

Sun, 2020-05-31 23:33
European shares edged closer to a three-month high on Monday on hopes of a post-coronavirus global recovery, with investors relieved that the U.S. response to China's national security law on Hong Kong was not as bad as feared.
Categories: Business News

GLOBAL MARKETS-Asia stocks scale 3-month peak, resilient to U.S. rioting

Sun, 2020-05-31 23:03
Asian shares advanced to three-month highs on Monday as progress on re-opening economies helped offset jitters over riots in U.S. cities and unease over Washington's power struggle with Beijing.
Categories: Business News

Oxford Biomedica hires French pharma veteran after signing vaccine deal

Sun, 2020-05-31 23:01
Gene and cell therapy firm Oxford Biomedica plc said on Monday it had appointed French pharmaceutical industry veteran Roch Doliveux as its non-executive chairman, as it eyes a potentially major role in producing coronavirus vaccine.
Categories: Business News

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