Business

SYDNEY (Reuters) – Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in U.S. cities and unease over Washington’s power struggle with Beijing. FILE PHOTO: A passerby wearing a protective face mask, following an outbreak of the coronavirus, walks past an electronic board showing the

FILE PHOTO: Chairman of Renault SA Jean-Dominique Senard attends a news conference at French carmaker Renault headquarters in Boulogne-Billancourt, near Paris, France, October 11, 2019. REUTERS/Charles Platiau PARIS (Reuters) – Renault (RENA.PA) has no plans to close its Maubeuge plant in northern France, Chairman Jean-Dominique Senard said on Sunday, two days after the carmaker announced

FILE PHOTO: Chairman Urs Rohner of Swiss bank Credit Suisse takes part in a panel discussion at the Swiss International Financial Forum (SIFF) in Rueschlikon, Switzerland November 6, 2019. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Credit Suisse will not take a significant hit from its exposure to the battered oil and gas sector, Chairman Urs Rohner

BERLIN/FRANKFURT (Reuters) – Lufthansa’s management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier said on Saturday, paving the way for its rescue. FILE PHOTO: Airplanes of German carrier Lufthansa are parked at the Berlin Schoenefeld

FILE PHOTO: Construction work continues on Sunoco’s Mariner East II natural gas pipeline near Morgantown in Chester County, Pennsylvania, August 1, 2017. REUTERS/Charles Mostoller/File Photo (Reuters) – U.S. pipeline operator Energy Transfer LP (ET.N) will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on

Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid (Reuters) – The S&P 500 and Dow Jones indexes opened lower on Friday

FILE PHOTO: A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer BEIJING (Reuters) – Anhui Jianghuai Automobile Group (JAC Motors) (600418.SS) said on Friday that German automaker Volkswagen AG (VOWG_p.DE) agreed to buy 50% of its parent company Anhui Jianghuai Automobile Group Holding.

Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid (Reuters) – The S&P 500 and Dow Jones indexes opened higher on Thursday,

FILE PHOTO: Micron Technology’s solid-state drive for data center customers is presented at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis (Reuters) – Micron Technology Inc (MU.O) raised its revenue forecast for the third quarter on Wednesday to a range of $5.2 billion to $5.4 billion from $4.6 billion to

(Reuters) – Wall Street’s major indexes were set for another session of gains on Wednesday as a revival in business activity drove hopes of an economic recovery, eclipsing concerns over simmering tensions between the United States and China. Traders wearing masks work, on the first day of in person trading since the closure during the

NEW YORK (Reuters) – Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone

SAO PAULO (Reuters) – Chile’s LATAM Airlines Group SA (LTM.SN) filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization amid the coronavirus pandemic. FILE PHOTO: The logo of LATAM Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis

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

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

SYDNEY (Reuters) – Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world’s two biggest economies dulled risk appetite. FILE PHOTO: A man wearing protective face mask, following an outbreak of the coronavirus disease (COVID-19), walks in front of a stock quotation board outside a

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