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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

'My business will close if I can't reopen 2020-06-30 19:19:39Spas and complementary therapists say they will not survive the pandemic if they cannot reopen.

UK economy: 'We are battered, bruised, but wiser 2020-06-30 18:59:05A survey of 7,700 firms by the British Chambers of Commerce lays bare the economic impact of lockdown.

Facebook: Aviva and Intercontinental Hotels Group pause ads 2020-06-30 17:40:31Aviva and the Intercontinental Hotels Group are the latest to suspend advertising via Facebook.

Coronavirus: TM Lewin to close all UK shops 2020-06-30 15:59:03The firm will cut 600 jobs after becoming the latest retail casualty of the coronavirus crisis.

Coronavirus: Plane-maker Airbus to cut 15,000 jobs 2020-06-30 15:10:37The aerospace firm blames coronavirus for the cuts, warning of 1,700 job losses at its UK plants.

Coronavirus: Johnson sets out 'ambitious' economic recovery plan 2020-06-30 14:00:13Boris Johnson vows a "new deal" for UK after coronavirus - but Labour says saving jobs is top priority.

EasyJet plans to close bases and cut staff 2020-06-30 13:14:12The airline says it is consulting on plans to close bases at Stansted, Southend and Newcastle.

Huawei: Ministers signal switch in policy over 5G 2020-06-30 12:28:41Digital secretary says US sanctions are "likely to have an impact on the viability" of using firm's kit.

AMD donating computers to help fight Covid-19 2020-06-30 11:45:31Chipmaker AMD has given "computing horsepower" to researchers aiming to tackle coronavirus.

UK on track for V-shaped recovery, says Bank 2020-06-30 11:34:49But the Bank of England's Andy Haldane also says the country risks 1980s-style levels of unemployment.

Coronavirus: UK economy hit by worst contraction in 2020-06-30 07:36:49The economy contracted by more than first estimated between January and March, revised figures show.

Cineworld delays reopening UK cinemas to 31 July 2020-06-30 07:03:37The cinema chain says it pushed back the opening date to tie in with upcoming movie releases.

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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