[ad_1] NEW YORK (Reuters) – Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government stimulus can jump-start the world economy.
Wall Street ends down in late selloff; Facebook and China weigh
[ad_1] (Reuters) – Wall Street ended lower on Thursday following a late-session reversal, with Facebook weighing on the market after President Donald Trump said he would sign an executive order related to social media companies
Stocks, euro rise on recovery hopes; U.S.-China rift lifts gold
[ad_1] NEW YORK (Reuters) – A gauge of global equity markets climbed on Thursday on optimism for a speedy economic recovery and a massive stimulus plan in Europe helped lift regional stocks and the euro,
Cisco to acquire software firm ThousandEyes
[ad_1] FILE PHOTO: A visitor uses a mobile phone in front of the Cisco booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Rafael Marchante (Reuters) – Cisco Systems Inc (CSCO.O) has
Canada’s Huawei extradition ruling could unleash more Chinese backlash
[ad_1] OTTAWA (Reuters) – A Canadian court ruling that could permit the extradition of a senior Huawei Technologies Co Ltd executive to the United States leaves Canada vulnerable to further retaliation from Beijing, analysts said.
Renault poised to announce 15,000 layoffs worldwide – union
[ad_1] FILE PHOTO: A logo of Renault carmaker is pictured at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – French car maker Renault is poised to announce 15,000 layoffs worldwide
Debt relief plans for world’s poor countries inch forward
[ad_1] LONDON/WASHINGTON (Reuters) – Plans for debt relief for world’s poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far
U.S. major airlines roll out more options to avoid staff lay-offs
[ad_1] (Reuters) – The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement in the
Coronavirus reduces sparkle in Spain’s cava industry
[ad_1] BARCELONA (Reuters) – Spain’s 1.2 billion euro cava sector has had a turbulent few years with a grape-farmers’ strike, foreign buyouts of family firms and a sales hit from the Catalonia separatist crisis. And
Abercrombie & Fitch posts steeper-than-expected loss as pandemic keeps stores shut
[ad_1] An Abercrombie & Fitch store is shown in La Jolla, California, U.S., May 17, 2017. REUTERS/Mike Blake/Files (Reuters) – Abercrombie & Fitch Co reported a steeper-than-expected quarterly loss on Thursday, hurt by plunging demand