© Reuters. Vaccine airlift delivers shot in the arm for airlines By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) -American Airlines and United Airlines said on Monday they were preparing to recall tens of thousands of furloughed employees as they awaited lawmakers’ approval of a fresh $15 billion inRead More →
© Reuters. Shoppers wait in line outside a Bath and Body Works retail store, as the global outbreak of the coronavirus disease (COVID-19) continues, in Brooklyn, New York By Melissa Fares NEW YORK (Reuters) -Many U.S. holiday shoppers, wary of entering stores during the latest surge of COVID-19, wentRead More →
© Reuters. FILE PHOTO: U.S. dollar banknote is seen in this picture illustration By Tom Westbrook SINGAPORE (Reuters) – The dollar has sunk through major support levels and looked set for its worst week in a month on Friday, as its accelerating slide sucked in more short sellers keenRead More →
© Reuters. A farmer holds a wad of Cuban money at a vegetable stall at a market in central Cuba By Marc Frank HAVANA (Reuters) – Cuba said late on Thursday it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rateRead More →
© Reuters. FILE PHOTO: A Huawei logo is seen on a cell phone screen in their store at Vina del Mar By Karen Freifeld (Reuters) – U.S. prosecutors are discussing a deal with lawyers for Huawei finance chief Meng Wanzhou to resolve criminal charges against her, a person familiarRead More →
© Reuters. FILE PHOTO: The Airbus facility in Montoir-de-Bretagne near Saint-Nazaire 2/2 By Tim Hepher PARIS (Reuters) – Airbus has found buyers for six aircraft from the A320neo family rejected by one of its main customers, Malaysia’s AirAsia, as it works off a surplus left by the coronavirus crisis,Read More →
© Reuters. The U.S. flag covers the front facade of the NYSE in New York By Medha Singh and Shivani Kumaresan (Reuters) – The S&P 500 was set to open lower on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continuedRead More →
© Reuters. FILE PHOTO: U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto LONDON (Reuters) – Gauges for implied currency swings in the foreign exchange markets jumped to their highest levels in nearly seven months on Wednesday as traders anticipated moreRead More →
Reuters. People wearing protective masks after a coronavirus outbreak are reflected on a screen displaying the Nikkei index outside a brokerage firm in Tokyo. By Scott Murdoch and Suzanne Barlyn. HONG KONG/NEW YORK (Reuters) – Asian stocks slipped on Tuesday, refreshing Wall Street’s stronger lead, as China’s post-holiday rallyRead More →
Copyright Reuters. Illustrative photo of China’s RMB banknotes Written by Saikat Chatterjee LONDON (Reuters)–The performance gap between emerging market currencies and developed market currencies has been blown to the largest level in more than a decade, as falling interest rates, economic uncertainty and large-scale capital outflows have dampened investors’Read More →
Reuters. Jason Ramshaw demonstrates the Cat Command remote control console at the Caterpillar Construction Industries EAME sales conference in Malaga. 2/4 By Rajesh Kumar Singh CHICAGO (Reuters) – The question. How does a company like Caterpillar (N:N) deal with declining sales of bulldozers and trucks in an epidemic inRead More →
© Reuters. FILE PHOTO: U.S. dollar notes are seen in this picture illustration By Eimi Yamamitsu TOKYO (Reuters) – The dollar held tight ranges against its peers on Monday as investors awaited clarity on the health of U.S. President Donald Trump after he tested positive for the coronavirus, sendingRead More →
© Reuters. FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City By Stanley White TOKYO (Reuters) – Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of theRead More →
Reuters. Infographic. Intel’s logo at E3 The world’s largest video game industry conference is in Los Angeles. By Stephen Nellis CHANDLER, Ariz. (Reuters) – Intel Corp (Nasdaq:) said on Friday it had won a contract for the second phase of a project to help the U.S. military make moreRead More →
Reuters. By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors filed criminal charges on Thursday accusing four founders and executives of BitMEX, one of the world’s largest cryptocurrency derivatives exchanges, of evading rules designed to stop money laundering. The Justice Department charged Arthur Hayes, Samuel Reed and Benjamin Delo,Read More →
© Reuters. FILE PHOTO: A small toy figure is seen on representations of the virtual currency on a displayed European Union flag and the Facebook Libra logo in this illustration picture By Huw Jones LONDON (Reuters) – The European Union will introduce new rules within four years to makeRead More →
Reuters. By Hideyuki Sano TOKYO (Reuters) – The pound flirted with a 1-1/2-month low against the dollar on Monday on fears of a no-deal Brexit while investors waited for Japan’s ruling party to choose Prime Minister Shinzo Abe’s successor. The pound changed hands at $1.2806, having touched a 1.2767Read More →
Reuters. File photo. Passengers film a United Airlines plane at Houston’s IAH airport. By Tracy Rucinski CHICAGO (Reuters) – United Airlines (O:) said on Sunday it was permanently eliminating change fees on U.S. travel tickets with immediate effect, the latest effort by a U.S. airline to try to spurRead More →
Reuters. Pictured is a Gap Inc. retail store in La Jolla. By Nivedita Balu (Reuters) – Apparel retailer Gap Inc (N:) posted an unexpected 13 percent rise in quarterly comparable sales on Thursday as consumers stranded at home by the COVID-19 outbreak bought more Old Navy and Athleta apparelRead More →
Reuters. File photo. A woman walks past JPMorgan Chase Bank in New York’s Times Square. SHANGHAI (Reuters) – JPMorgan Chase (N:) will pay $1 billion for full ownership of its China mutual fund business, analysts said in a statement on the Shanghai Union Property Exchange on Tuesday, a priceRead More →
Reuters. The chart shows the DAX chart of the German stock index on the Frankfurt Stock Exchange. By Sruthi Shankar. (Reuters) – European stocks rebounded from two-week lows on Monday as signs of progress in developing a COVID-19 treatment offset fears of a resurgence of virus cases across theRead More →
Reuters. File photo. Johnson & Johnson’s corporate logo is displayed on a screen to celebrate the 75th anniversary of the company’s listing on the New York New York Stock Exchange. By Manas Mishra. (Reuters) – Johnson & Johnson agreed on Wednesday to buy Momenta Pharmaceuticals Inc. for about $6.5Read More →
© Reuters. The spread of the coronavirus disease (COVID-19) in New York By Medha Singh (Reuters)-The U.S. stock market rose on Wednesday as data showed that the expansion of the service industry last month intensified optimism, which stemmed from Disney’s surprising quarterly profit and the optimistic performance of multipleRead More →
© Reuters. The outbreak of the coronavirus disease (COVID-19) in Beverly Hills (Reuters) – Ralph Lauren Corp (N:) reported a bigger-than-expected 66% fall in quarterly revenue on Tuesday, as it struggled with the coronavirus-led closures of its outlets and department stores across the world. Shares of the New York-basedRead More →
© Reuters. FILE PHOTO: A British Airways Boeing 747 is seen at the Heathrow Airport in London LONDON (Reuters) – British Airways faces strike action over its plans to cut jobs, pay and conditions, the BBC reported on Tuesday, piling more pressure on the airline which has been hardRead More →
