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Updated: 4 years 23 weeks ago
Hurricanes may cause more pain for pandemic-hit insurers
The official start of the
Atlantic hurricane season on Monday could signal more steep
losses for insurers and reinsurers, already battered by the
impact of the coronavirus pandemic on their underwriting and
investment positions.
Categories: Business News
UPDATE 1-AstraZeneca-Merck Lynparza gets EMA's positive recommendation
Drugmakers AstraZeneca Plc and
Merck & Co Inc said on Monday their blockbluster cancer
drug, Lynparza, has received positive recommendation from the
European Medicines Agency (EMA) as a maintenance treatment for a
form of pancreatic cancer.
Categories: Business News
AstraZeneca-Merck Lynparza gets EMA's positive recommendation
Drugmakers AstraZeneca Plc and
Merck & Co Inc said on Monday their blockbluster cancer
drug, Lynparza, has received positive recommendation from the
European Medicines Agency (EMA) as a maintenance treatment for a
form of pancreatic cancer.
Categories: Business News
GRAPHIC-No time to waste?: Five questions for the ECB
The European Central Bank meets
on Thursday with investors hoping that policymakers will deliver
yet more stimulus for an economy ravaged by the coronavirus
pandemic.
Categories: Business News
UPDATE 8-Protests over death of George Floyd turn violent again despite curfews, National Guard
Looting broke out on Sunday
in Southern California, a tanker truck drove into marchers in
Minneapolis and demonstrators clashed with police in Boston and
Washington, D.C. as the United States struggled to contain
chaotic protests over race and policing.
Categories: Business News
Spanish stocks - Factors to watch on June 1
The following Spanish stocks may be
affected by newspaper reports and other factors on Monday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
Categories: Business News
UPDATE 2-S.Korea's Celltrion aims to start in-human COVID-19 drug trial in July
South Korea's Celltrion Inc
said on Monday its experimental treatment of
COVID-19 demonstrated an up to 100-fold reduction in viral load
of the disease in animal testing, saying it aims to start
in-human clinical trials in late July.
Categories: Business News
GLOBAL MARKETS-Asia stocks hit 3-month peaks, resilient to U.S. rioting
Asian shares pushed to
three-month highs on Monday as progress on opening up economies
helped offset jitters over riots in U.S. cities and unease over
Washington's power struggle with Beijing.
Categories: Business News
PRESS DIGEST- New York Times business news - June 1
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
GLOBAL MARKETS-Asia stocks reach 3-month peaks, resilient to U.S. riots
Asian shares pushed to
three-month highs on Monday as progress on opening up economies
helped offset jitters over riots in U.S. cities and unease over
Washington's power struggle with Beijing.
Categories: Business News
Morning News Call - India, June 1
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FACTORS TO WATCH
4:00 pm: Health ministry likely briefing on Covid-19 situation in New Delhi.
6:30 pm: S&P Global Ratings’ sovereign-focused webinar on India, Brazil,
S
Categories: Business News
Samsung to add new memory chip line in S.Korea as COVID-19 boosts demand
Samsung Electronics Co Ltd
said on Monday it has begun construction of a new
domestic production line for NAND flash memory chips, betting on
demand for personal computers and servers as the coronavirus
prompts more people to work from home.
Categories: Business News
GLOBAL MARKETS-Asia stocks prove resilient to US riots as S&P futures bounce
Asian shares pushed to
three-month highs on Monday as progress on opening up economies
helped offset jitters over riots in U.S. cities and unease over
Washington's power struggle with Beijing.
Categories: Business News
UPDATE 6-Tanker truck drives into protesters as U.S. cities fear another night of violent protests
A tanker truck drove into a
throng of protesters on a closed interstate near Minneapolis on
Sunday, with the driver pulled from his rig and beaten, as major
U.S. cities imposed curfews in fear of another night of
demonstrations against police brutality descending into
violence.
Categories: Business News
UPDATE 3-Retailers already hit by coronavirus board up as U.S. protests rage
Target Corp and Walmart
said on Sunday they shuttered stores across the United States as
retailers already reeling from closures because of the
coronavirus pandemic shut outlets amid protests that included
looting in many U.S. cities.
Categories: Business News
PRESS DIGEST- British Business - June 1
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
Delta, union working to avoid furloughs of 2,300 pilots
Delta Air Lines Inc and its
pilots union said on Sunday they are working to avoid furloughs
of roughly 2,300 pilots following a reshuffling process meant to
match staffing to summer 2021 flying.
Categories: Business News
PRESS DIGEST-Financial Times - June 1
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
S.Korea's May factory activity contracts at fastest rate since 2009 - PMI
South Korea's manufacturing
activity shrank at the sharpest pace in more than a decade in
May, as worldwide lockdowns continued to weigh on demand and
production, dashing hopes of a near-term recovery from the
coronavirus crisis.
Categories: Business News