Business News

Stock futures cling to hopes of recovery as virus cases rise

Stock futures cling to hopes of recovery as virus cases rise

Published 22/06/2020

(Reuters) - U.S. stock index futures rose on Monday on hopes of stimulus-fueled economic recovery even though sentiment remained fragile amid growing evidence of a [more…]

Global stocks shrug off fresh virus wave fears, dollar slips

Global stocks shrug off fresh virus wave fears, dollar slips

Published 22/06/2020

LONDON (Reuters) - World stocks reversed earlier losses and the dollar slid on Monday as investors shrugged off worries that rising coronavirus infections in parts [more…]

France’s Macron to visit Dutch PM Rutte to break EU budget impasse

France’s Macron to visit Dutch PM Rutte to break EU budget impasse

Published 22/06/2020

PARIS (Reuters) - Emmanuel Macron will travel to the Netherlands on Tuesday to try to break Dutch Prime Minister Mark Rutte’s resistance to the European [more…]

Japan, New Zealand discuss importance of trade for world economic recovery, economy minister Nishimura says

Japan, New Zealand discuss importance of trade for world economic recovery, economy minister Nishimura says

Published 22/06/2020

TOKYO (Reuters) - Japan’s Economy Minister Yasutoshi Nishimura on Monday discussed the importance of free trade for a world economic recovery with New Zealand’s Minister [more…]

UK factories suffer worst quarter on record, CBI says

UK factories suffer worst quarter on record, CBI says

Published 22/06/2020

LONDON (Reuters) - British industrial output recorded its biggest quarterly fall on record during the three months to June as COVID-19 heavily disrupted operations, and [more…]

Oil steadies amid increase in coronavirus cases

Oil steadies amid increase in coronavirus cases

Published 22/06/2020

LONDON (Reuters) - Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns over a record [more…]

May flowers: Where the U.S. retail blooms are and are not

May flowers: Where the U.S. retail blooms are and are not

Published 17/06/2020

(Reuters) - No denying May’s $73 billion rebound in U.S. retail sales was an eye-popper and is the latest fodder to fuel the red-hot “V” [more…]

Wall Street gripped by fears of fresh virus wave

Wall Street gripped by fears of fresh virus wave

Published 15/06/2020

(Reuters) - U.S. stocks dropped on Monday after a spike in new coronavirus cases in China and parts of the United States dampened hopes of [more…]

Primark the star attraction as England’s stores reopen after lockdown

Primark the star attraction as England’s stores reopen after lockdown

Published 15/06/2020

LONDON (Reuters) - Long queues of shoppers snaked around stores in England on Monday, with discount fashion retailer Primark proving a particular draw as shops [more…]

Fed launches long-awaited Main Street lending program

Fed launches long-awaited Main Street lending program

Published 15/06/2020

NEW YORK (Reuters) - The Federal Reserve said on Monday it had opened registration for lenders interested in participating in its Main Street Lending Program, [more…]