SYDNEY (Reuters) – Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in U.S. stock futures as investors looked past Sino-U.S. trade tensions to a re-opening world economy. FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus (COVID-19), walks past a screen showing
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FRANKFURT/BERLIN (Reuters) – The German government and the management of flagship carrier Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout, two people close to the matter said. FILE PHOTO: Aircraft of the German carrier Lufthansa are parked on the
FILE PHOTO: An Air France passenger jet takes off at Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 19, 2020. REUTERS/Charles Platiau PARIS (Reuters) – Air France (AIRF.PA) will have to “drastically” reduce its domestic air traffic in exchange for state loan guarantees, French Environment
NEW YORK (Reuters) – The more than a century old car rental firm Hertz Global Holdings Inc (HTZ.N) filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and talks with creditors failed to result in needed relief. FILE PHOTO: A Hertz rental car sign is placed outside a
NEW YORK (Reuters) – Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks. FILE PHOTO: The floor of the New York Stock Exchange (NYSE) stands empty as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak
WASHINGTON (Reuters) – The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China’s military. FILE PHOTO: Flags of U.S. and China are placed for a meeting between
FILE PHOTO: A logo of Alibaba Group is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason Lee/File Photo (Reuters) – China’s Alibaba Group Holding Ltd (BABA.N) reported a better-than-expected quarterly revenue on Friday, as the COVID-19 lockdowns drove more people to shop online for essentials. Revenue rose
YPSILANTI, Mich. (Reuters) – President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co (F.N) plant amid tensions with its Democratic governor during the coronavirus pandemic, opting not to wear a protective face mask for the cameras. U.S. President Donald Trump arrives to speak
FILE PHOTO: U.S. President Donald Trump holds a meeting on “opportunity zones” in the Cabinet Room of the White House in Washington, U.S., May 18, 2020. REUTERS/Leah Millis/File Photo WASHINGTON (Reuters) – U.S. President Donald Trump travels to the political swing state of Michigan on Thursday to visit a Ford plant amid tension with the
(Reuters) – U.S. carriers JetBlue Airways Corp and United Airlines Holdings Inc announced fresh safety measures on Wednesday aimed at restoring confidence in travel as several executives pointed to signs domestic demand is improving. FILE PHOTO: A JetBlue A320 aircraft conducts a flyover salute of New York City to honor frontline healthcare workers during the
Your declaration of a State of Emergency for the COVID-19 diagnosis criteria for a series of pneumonia and influenza related symptoms and the allegations of the existence of a “novel coronavirus” is based on assumptions that are false. 1. According to the International Committee on Taxonomy of Viruses’ (ICTV) Coronaviridae Study Group (CSG) publication on March 2,
MELBOURNE (Reuters) – Big mining companies that rely on indigenous workforces or operate near remote communities have acted fast to curb the spread of the coronavirus and avoid a public health crisis that could damage their reputations. Heath Nelson of Fortescue Metals Group and Chris Schmid of Woollahra Group pose by goods, which are ready
FILE PHOTO: An Urban Outfitters store front is seen in Evanston, Illinois, U.S. May 13, 2016. REUTERS/Jim Young (Reuters) – Apparel retailer Urban Outfitters Inc (URBN.O) on Tuesday projected a 60% decline in same-store sales in the second quarter due to tepid demand recovery from the COVID-19 pandemic disruptions, sending its shares down 6% in
FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Southwest Airlines Co (LUV.N) said on Tuesday it recorded positive bookings on a net basis through May 18, as passenger reservations outpaced trip cancellations.
FILE PHOTO: Kevin Mayer, Disney’s head of direct-to-consumer division, on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. REUTERS/Brendan McDermid (Reuters) – Walt Disney Co’s (DIS.N) top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of Chinese
LONDON (Reuters) – European stock markets rose on Monday and oil prices climbed to their highest in as much as two months as a loosening of coronavirus shutdowns boosted market sentiment, even though the deadly outbreak has yet to be fully contained. FILE PHOTO – Women wear face masks at Frankfurt’s stock exchange as markets