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Reuters: Business News

Preliminary agreement reached in Lufthansa bailout row: sources New! 2020-05-29 17:30:40Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro ($10 billion) bailout of carrier Lufthansa , two

Stocks rebound on relief at Trump's response to New! 2020-05-29 16:48:01A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington's special treatment

U.N. agency task force urges uniform approach to New! 2020-05-29 16:41:18A United Nations aviation-led task force is urging airlines, airports and countries to come up with a uniform approach to flying safely during the cor

Wall Street ends mostly up; Trump comments on New! 2020-05-29 16:32:44U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation tha

Trump administration to study ways to protect for New! 2020-05-29 16:24:05The Trump administration will study ways to safeguard Americans from the risks of investing in Chinese companies, U.S. president Donald Trump said on

United Airlines cutting 13 top jobs under fresh New! 2020-05-29 16:20:00United Airlines Holdings Inc said on Friday it will be eliminating 13 officer positions as it consolidates roles and restructures some key department

U.S. senators urge probe of TikTok on children's New! 2020-05-29 16:15:57Four U.S. senators, including a China hawk, urged the Federal Trade Commission on Friday to investigate allegations that the popular video app TikTok

Oil surges 5% on U.S.-China trade optimism, falling New! 2020-05-29 15:55:25Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact

Lyft violates Washington DC sick day law during New! 2020-05-29 15:35:31Lyft Inc was sued on Friday by a former driver who accused the ride-sharing company of failing to provide required paid sick leave to drivers in Washi

Tencent in talks to buy Warner Music stake: New! 2020-05-29 14:48:49Chinese internet giant Tencent Holdings Ltd is in talks to invest $200 million in Warner Music Group, ahead of the record company's slated initial p

Morgan Stanley plans June return of some traders New! 2020-05-29 14:42:13Morgan Stanley is planning to start getting some traders to return to its New York headquarters in mid- to late-June, CNBC reported on Friday, citing

Los Angeles union, joined by 'Pandemic Pig,' demands New! 2020-05-29 14:27:33The union representing workers at a meatpacking plant near Los Angeles where at least 153 employees have come down with COVID-19 called on Thursday fo

BBC News - Business

Coronavirus: Rishi Sunak urged by MPs to extend New! 2020-05-29 00:06:05Some 114 MPs warn Rishi Sunak it is too soon to end a coronavirus support scheme for freelancers.

Trump signs executive order targeting Twitter after fact-checking 2020-05-28 19:57:20The US president's move follows a decision by Twitter to add a "fact-check" notice to his tweets.

Coronavirus: UK sees almost no car manufacturing in 2020-05-28 19:06:19Output fell by 99.7% from the same month last year as virus closes car plants.

Renault prepares for 15,000 job cuts 2020-05-28 16:33:38The French carmaker in February reported its first annual loss in a decade

What if the US removes Hong Kong's special 2020-05-28 14:55:45Until now, the US has given Hong Kong favourable trading terms

Trump to take 'big action' against social media 2020-05-28 13:10:56The US president is expected to sign an executive order following a row with Twitter.

Biggest UK solar plant approved 2020-05-28 12:33:28Climate change: Go-ahead for controversial solar farm - the UK's biggest

Will coronavirus change America's jobless stigma? 2020-05-28 12:29:42In a country where state aid is frowned upon, the number of Americans receiving benefits has skyrocketed.

MPs call for urgent action to save aviation 2020-05-28 10:27:15A cross-party group adds its voice to concerns about the government's plan to quarantine all arrivals.

Nissan backs UK plant but protests erupt in 2020-05-28 10:11:04Almost 3,000 jobs will be lost in Spain but the carmaker says its Sunderland factory will stay open.

Coronavirus: EasyJet plans up to 4,500 job cuts 2020-05-28 08:24:08The airline says up to 30% of its workforce will go as it struggles with the slump in demand for air travel.

Murdoch shuts 112 Australia print papers in major 2020-05-28 04:18:15More than 100 print papers to close as News Corp shifts to digital after the virus pandemic hit revenues.

Business

How big oil is trying to win back New! 2020-05-29 20:00:00Supermajors claim their prospects are not as bleak as they seem

Why Asian business dynasties struggle with succession New! 2020-05-29 20:00:00Stanley Ho, a Macau casino magnate, who died on May 26th, aged 98, offers clues

Working life has entered a new era New! 2020-05-29 20:00:00Farewell BC (before coronavirus). Welcome AD (after domestication)

The Renault-Nissan alliance hunkers down New! 2020-05-29 20:00:00The fraying Franco-Japanese carmaking union wants to give it another go

The e-commerce boom makes warehouses hot property New! 2020-05-29 20:00:00The warehouse king battles a master of the universe

South-East Asian tycoons’ high-wire act New! 2020-05-29 20:00:00Ethnic-Chinese business dynasties contend with competing demands from their adopted homes and their newly assertive ancestral land

The global grooming industry gets cut down to 2020-05-28 10:48:00Itinerant hair stylists and barbers are a rare bright spot in a clobbered business

Business lessons from the Pentagon 2020-05-28 10:48:00How to introduce advanced technology into a stodgy organisation

Farewell for now to a golden age of 2020-05-23 00:00:00The pandemic has hurt the booze business

Zoomers, zeros and Gen Z 2020-05-22 20:00:00The pandemic has widened two divides in the labour market

America’s latest salvo against Huawei is aimed at 2020-05-22 20:00:00It may push the industry out of America, too

Walmart ekes out an edge in groceries during 2020-05-22 20:00:00America’s biggest retailer has outshone Amazon when it comes to food

Economy

Trump projects a sense of normal, but West 2020-05-18 04:30:48The White House is struggling to keep its leaders and staffers safe while pushing for the reopening of America.

'Immunity passports' won't reopen America 2020-05-18 04:30:39Antibody apps may still find a niche in the workplace.

Fed’s Powell warns unemployment could reach Depression-level 25 2020-05-17 20:42:20The Fed chief expressed hope that the economy would come out of recession in the second half of the year.

IMF chief predicts 3-year economic hit from coronavirus 2020-05-15 18:55:43The fund's Managing Director Kristalina Georgieva is urging governments to spend more and guarantee salaries.

Job losses have now hit 40% of low-income 2020-05-14 13:03:15Thirteen percent of all U.S. adults, or 20 percent of people who were employed in February, were laid off or furloughed.

Trump vs. the skeptics: Reopening fight highlights polar 2020-05-13 04:30:21Reopening quickly could boost Trump and the economy. It could also spark catastrophe.

Trump sticks with positive messaging as coronavirus misery 2020-05-11 04:30:27With deaths mounting and unemployment at a record high, the president is focused on reopening the country.

Lamar Alexander warns 'not enough money' to help 2020-05-10 12:23:07"We have to let people go back to work and earn a living," the Tennessee Republican says.

Kudlow baffled by Obama’s criticism of Trump administration 2020-05-10 10:29:38He defends the White House response to the coronavirus pandemic.

‘They’re doing it for politics’: Trump says some 2020-05-08 14:27:02The president offered no evidence to support his claim.

Trump’s hopes for ‘tremendous rebound’ crash into grim 2020-05-05 19:55:57Corporate leaders are rushing to reshape their businesses to ensure they survive. Their caution could again devastate the president’s favorite g

Trump team plots tax cuts and regulatory suspensions 2020-05-04 04:30:38The president's team is looking to bolster the economy — and turn the page from concerns about testing shortfalls.


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