[ad_1] Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 11, 2020. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened sharply higher on
CVS joins Walmart in keeping multicultural beauty products out of locked cabinets
[ad_1] FILE PHOTO: A logo of CVS Health is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017. REUTERS/Lucas
Tesla at $1,000: too much too soon for some analysts
[ad_1] Tesla logo is pictured on an electric car at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir/Files (Reuters) – Top Wall Street brokerages Goldman Sachs and Morgan Stanley downgraded their ratings on Tesla
World shares stem losses, oil gains as fresh lockdown fears fade
[ad_1] LONDON/TOKYO (Reuters) – Global shares pared losses on Friday while oil prices reversed course and edged higher as fears of fresh lockdowns of economies to combat the coronavirus faded. A pedestrian wearing a face
Euro zone April industrial output plunge worst on record; recovery seen
[ad_1] BRUSSELS (Reuters) – Euro zone industrial output fell the most on record in April as coronavirus lockdowns halted activity across the region, data showed on Friday, marking the low point of the pandemic-induced contraction.
Mitsubishi Heavy says in talks to acquire Mitsui E&S ship business
[ad_1] TOKYO (Reuters) – Mitsubishi Heavy Industries said it had agreed to begin talks with Mitsui E&S Holdings to acquire its shipbuilding business. A deal to acquire Mitsui E&S’s shipbuilding unit could help Mitsubishi Heavy,
Global shares, oil slump as coronavirus fears take hold
[ad_1] LONDON/TOKYO (Reuters) – A slump in global shares extended to its fourth day running on Friday and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery
Luxury food industry turns sour amid global coronavirus lockdowns
[ad_1] SINGAPORE/TOKYO/PARIS (Reuters) – Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic. FILE PHOTO:
Japan’s record extra budget to top up virus stimulus passes parliament
[ad_1] TOKYO (Reuters) – Japan’s parliament approved on Friday a record $300 billion second extra budget to fund a stimulus package aimed at cushioning the economic blow from the coronavirus pandemic. The second supplementary budget
Asia stocks slide as coronavirus fears return
[ad_1] TOKYO (Reuters) – Asian shares fell sharply on Friday and oil prices extended losses on growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery in economies reopening from lockdowns,