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Suntory CEO says 20% of restaurants may fail as coronavirus slams Japan's dining scene

Takeshi Niinami, the head of Japanese drinks and food group Suntory Holdings and a government adviser, predicted on Friday that more than 20% of bars Read More



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Reuters: Business News

U.S. Chamber urges China to accelerate purchases of 2020-06-18 08:53:29The U.S. Chamber of Commerce on Thursday underscored the importance of functional U.S.-China ties and urged Beijing to step up its purchases of U.S. g

Chanel warns virus impact will linger on luxury 2020-06-18 08:50:34The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel's chief financial officer said on

Oil prices tick up as drop in U.S. 2020-06-18 08:48:56Oil prices ticked up on Thursday after U.S. oil product stocks shrank, providing bulls with ammunition ahead of a meeting between OPEC producers and t

KKR buys vacation parks firm Roompot in $1.1 2020-06-18 08:47:56U.S. private equity firm KKR said on Thursday it had reached an agreement to buy Dutch vacation parks firm Roompot from French private equity firm PA

U.S. weekly jobless claims remain high as second 2020-06-18 08:38:50A second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated, supporting

Kroger expects to top 2020 outlook, beats estimates 2020-06-18 08:27:11Kroger Co said it expects to exceed its 2020 outlook for same-store sales and profit after beating Wall Street expectations for quarterly results on

Exclusive: EU in advanced talks with Johnson & 2020-06-18 08:25:28The European Commission is in advanced talks with pharmaceutical giant Johnson & Johnson to reserve or buy up-front doses of its COVID-19 vaccine

World stocks drift lower as second wave virus 2020-06-18 08:23:27Global stocks drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift world economic

Wells Fargo investment adviser to sell feeder fund 2020-06-18 08:09:05Wells Fargo & Co said on Thursday its investment adviser Wells Fargo Investment Institute will sell its feeder fund platform to fintech firm iCap

Dollar and yen supported by fears of new 2020-06-18 07:52:27The U.S. dollar and Japanese yen held their positions on Thursday as concerns about a rise in new coronavirus cases underpinned demand for safe-haven

Mother's Day sales uptick doesn't cover coronavirus downturn, 2020-06-18 07:32:13Mother's Day during the coronavirus pandemic meant an uptick in sales for Lee's Flower and Card Shop in Washington, D.C.

Exclusive: Who's in charge at Nissan? COO's allies 2020-06-18 07:27:30Nissan's chief operating officer Ashwani Gupta helped engineer the troubled automaker's latest turnaround plan. Now his allies are pressing the boar

BBC News - Business

George Floyd: Twitter drops 'master', 'slave' and 'blacklist' 2020-07-02 22:30:33The social media platform along with JPMorgan are the latest firms to address their internal language.

Zuckerberg hits back at Facebook boycott 2020-07-02 19:26:49An advertising boycott wants Facebook to do more about hate speech and misinformation.

Carlos Ghosn: Japan ask US to extradite ex-Green 2020-07-02 19:12:30The ex-soldier and his son are held in the US for allegedly helping the ex-Nissan boss flee Japan.

How mortgage holidays can affect your ability to 2020-07-02 19:03:14One-sixth of homeowners have taken a mortgage holiday and it could affect their ability to borrow money.

Coronavirus: 'Refunds unlikely' if travellers have to self-isolate 2020-07-02 19:02:36Travel insurance is unlikely to cover those who have to cancel a holiday because they have Covid symptoms.

Coronavirus: Lake District reports surge in holiday bookings 2020-07-02 19:02:06With travel restrictions and tight budgets many British people are choosing to holiday at home this year.

Hairdressers reopening: Meet the people not to returning 2020-07-02 19:01:56Meet the people who prefer the home haircuts they've had in lockdown.

Coronavirus: 800 jobs 'secure' as Celsa Steel gets 2020-07-02 17:12:59Celsa Steel, which employs 800 workers in Wales, has received an emergency government loan.

Café Rouge and Bella Italia owner falls into 2020-07-02 13:59:59Ninety-one sites will close immediately with the loss of around 1,900 jobs.

Hong Kong: US passes sanctions as nations condemn 2020-07-02 13:02:59The US House Speaker said the law was a "brutal, sweeping crackdown" against Hong Kong's people.

The Rock ranks as Instagram's 'most valuable star' 2020-07-02 12:33:26Film star Dwayne 'The Rock' Johnson can charge more than $1m for a sponsored post, analysts say.

Coronavirus: How 'immunity passports' could create an antibody 2020-07-02 11:32:31Covid-19 antibody testing may have the unintended consequence of creating an antibody elite.

Business

The advertising business is becoming less cyclical—and more 2020-06-26 20:00:00As ever more marketing drifts online, the digital giants’ conquest of adland looks unstoppable

Why covid-19 is good for Bordeaux wines 2020-06-26 20:00:00A handy pretext to discount overpriced vintages

Why Apple’s developers are cross 2020-06-26 20:00:00The iPhone-maker may be tempted to squeeze third-party apps further

Mid-year motivational magic 2020-06-26 20:00:00Buck Passer, cheerleader extraordinaire, updates his colleagues

Oil companies’ diversification into petrochemicals may not go 2020-06-26 20:00:00Investment in plastics may prove too much of a good thing for the oil industry

Live-streaming will change rock ’n’ roll for the 2020-06-26 20:00:00How to raise live music from the dead

Catering groups are going through lean times 2020-06-25 11:00:59The pandemic has stripped customers from companies that keep workers and students fed

How slow times in the luxury world will 2020-06-19 20:00:00Posh purveyors are having to rethink their business model in a hurry

Why corporate disputes in China still revolve around 2020-06-19 20:00:00Who controls the chop controls the company

Will Silicon Valley face up to its diversity 2020-06-19 20:00:00The tech industry’s response to the killing of George Floyd has been stronger even than in other parts of the economy

No end in sight for Samsung’s legal troubles 2020-06-19 20:00:00South Korea’s biggest conglomerate faces more scrutiny from prosecutors—and the public

Waging war on recessions 2020-06-19 20:00:00An early analysis of furlough schemes


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