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Updated: 1 hour 13 min ago
PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup which have been criticized as racist amid a national debate over racial inequality in the United States.
Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic.
China's securities regulatory said on Thursday it had approved JPMorgan Futures as the first fully foreign-owned futures company in the country, and that it would bring in more qualified foreign shareholders as it further opens up the market.
China's Oppo cancelled the live online launch of its flagship smartphone in India on Wednesday after a border clash between the two countries that has renewed calls from local Indian trader groups to shun Chinese products.
A look at the day ahead from Senior FX Correspondent Saikat Chatterjee. The views expressed are her own.
Russia's state nuclear company Rosatom said on Thursday it had signed a memoranda of understanding with France's Framatome and GE Steam Power to work together to participate in a tender to build the Belene Nuclear Power Plant (NPP) in Bulgaria.
European shares retreated at the open on Thursday as a spike in COVID-19 cases in China and some U.S. states triggered fears of a second wave of infections, knocking back hopes of a swift recovery from the pandemic-led economic slump.
Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.
Japanese shares closed lower on Thursday as increasing cases of the novel coronavirus across the United States and China raised concerns about a swift recovery in the global economy.
B&G Foods is reviewing the packaging of its Cream of Wheat porridge, becoming the fourth brand with an African American mascot to take the step amid a national debate over racial inequality in the United States.
Britain will keep pushing for a global solution on taxing international digital companies such as Google and Facebook Inc after the United States left negotiations, a spokesman for the British Treasury said on Thursday.
Asian stocks and Wall Street futures fell on Thursday as spiking coronavirus cases in some U.S. states and in China dented hopes of a quick global economic comeback from the pandemic.
Most Japanese government bond (JGB) prices rebounded on Thursday, taking their cues from firmer U.S. Treasuries in Asian trading and weaker global stocks amid fears of a fresh wave of coronavirus infections.
Sales of the German travel industry declined by 23% in the January-March period compared to the previous quarter, Germany's statistics office said on Thursday, as the sector came to a virtual halt in March due to the coronavirus pandemic.
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Norwegian salmon exports to China fell by a third last week to 240 tonnes, Norway's state-owned seafood marketing organisation said on Thursday.
Developing Asia will likely clock up its weakest growth in nearly six decades this year, the Asian Development Bank (ADB) said on Thursday, as measures to contain the contagious novel coronavirus hammer economic activity. Developing Asia
China National Biotec Group (CNBG) said on Tuesday its experimental coronavirus vaccine has triggered antibodies in clinical trials and the company plans late-stage human trials in foreign countries.
Japanese stocks fell on Thursday, as a spike in coronavirus infections across the United States and China raised doubts about a swift recovery in the global economy.