Business News

German carmakers become more upbeat about exports, production - Ifo

Reuters Company News - Wed, 06/03/2020 - 01:15
German carmakers became more optimistic about their prospects for production and exports in May, a survey by the Ifo economic institute showed on Wednesday, a ray of hope for the sector that has been hit hard by the coronavirus pandemic.
Categories: Business News

UPDATE 2-WhatsApp, PayPal invest in Indonesian super app Gojek

Reuters Company News - Wed, 06/03/2020 - 01:12
Facebook Inc messaging platform WhatsApp and PayPal Holdings Inc on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm's ongoing fundraising round.
Categories: Business News

BlackRock focuses on China credit, oil and travel in Asia

Reuters Biz News - Wed, 06/03/2020 - 00:40
The world's biggest asset manager, BlackRock Inc , called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its Asia outlook on Wednesday.
Categories: Business News

PRESS DIGEST- Wall Street Journal - June 3

Reuters Company News - Wed, 06/03/2020 - 00:24
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

BlackRock focuses on China credit, oil and travel in Asia

Reuters Company News - Wed, 06/03/2020 - 00:23
The world's biggest asset manager, BlackRock Inc, called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its Asia outlook on Wednesday.
Categories: Business News

As Asia's tropical storm season arrives, grounded airplanes at risk of damage

Reuters Biz News - Wed, 06/03/2020 - 00:17
Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region's tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can't be moved easily.
Categories: Business News

Brent oil rises to $40 amid hopes for output cuts, recovery

Reuters Biz News - Tue, 06/02/2020 - 23:35
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and a recovery from the coronavirus pandemic will spur fuel demand.
Categories: Business News

Asian stocks jump to 3-month high as recovery hopes outweigh looming risks

Reuters Biz News - Tue, 06/02/2020 - 23:26
Asian shares vaulted to a near three-month high on Wednesday as hopes of more stimulus and further easing in social restrictions around the world outweighed caution over a host of worries from the coronavirus to growing U.S. civil unrest.
Categories: Business News

GLOBAL MARKETS-Asian stocks jump to 3-month high as recovery hopes outweigh looming risks

Reuters Company News - Tue, 06/02/2020 - 23:18
* Hopes of recovery from epidemic leads short-covering in stocks
Categories: Business News

Morning News Call - India, June 3

Reuters Company News - Tue, 06/02/2020 - 23:09
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06032020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 10:30 am: S&P Global Ratings' Asia-Pacific Chief Economist Shaun Roache at Asia Society webinar in Mumbai. PROMOTION LIVECHAT - REUTERS
Categories: Business News

S.Korea approves import of anti-viral drug remdesivir for coronavirus treatment

Reuters Company News - Tue, 06/02/2020 - 23:09
South Korea's Ministry of Food and Drug Safety approved a request by the country's health authorities to import Gilead Sciences Inc’s anti-viral drug remdesivir to treat COVID-19, the ministry said in a statement on Wednesday.
Categories: Business News

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