Business News

Asia shares push ahead as China markets jump

Asia shares push ahead as China markets jump

Published 17/08/2020

SYDNEY (Reuters) - Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent [more…]

Take Five: Impasse!

Take Five: Impasse!

Published 17/08/2020

1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and [more…]

Factbox: Oil refiners shut plants as demand losses seen continuing

Factbox: Oil refiners shut plants as demand losses seen continuing

Published 17/08/2020

(Reuters) - Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next as uncertain prospects for [more…]

Dollar in the doldrums- U.S. politics, Fed minutes eyed

Dollar in the doldrums- U.S. politics, Fed minutes eyed

Published 17/08/2020

SINGAPORE (Reuters) - The dollar slipped marginally and commodity currencies inched higher on Monday as investors were relieved by a delay in the review of [more…]

New Zealand new wage subsidy scheme expected to cost $333 million

New Zealand new wage subsidy scheme expected to cost $333 million

Published 17/08/2020

WELLINGTON (Reuters) - New Zealand’s Finance Minister Grant Robertson said on Monday that the new wage subsidy scheme is forecast to cost about NZ$510 million [more…]

Stock futures point to modest Wall Street gains ahead of big retail earnings week

Stock futures point to modest Wall Street gains ahead of big retail earnings week

Published 17/08/2020

NEW YORK (Reuters) - U.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing [more…]

British trade minister pledges to fight ‘unfair’ U.S. tariffs – The Telegraph

British trade minister pledges to fight ‘unfair’ U.S. tariffs – The Telegraph

Published 16/08/2020

(Reuters) - British Trade Secretary Liz Truss pledged to fight U.S tariffs on Scotch whisky, calling them “unacceptable and unfair” in an op-ed in the [more…]

Unilever to rename German ‘gypsy sauce’ after complaints

Unilever to rename German ‘gypsy sauce’ after complaints

Published 16/08/2020

BERLIN (Reuters) - Unilever’s (ULVR.L) German food company Knorr will rename its popular “Zigeuner” - or gypsy - sauce as Hungarian-style paprika sauce after complaints [more…]

El Al Israel Airlines chairman steps down for medical reasons

El Al Israel Airlines chairman steps down for medical reasons

Published 16/08/2020

JERUSALEM (Reuters) - The chairman of El Al Israel Airlines (ELAL.TA), Eli Defes, is stepping down immediately because of an undisclosed medical condition, he said [more…]