[ad_1] (Reuters) – ṄU.S. stocks jumped and the S&P 500 crossed 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions. FILE
U.S. consumer confidence stabilizes; new home sales surprise
[ad_1] WASHINGTON (Reuters) – U.S. consumer confidence nudged up in May, suggesting the worst of the novel coronavirus-driven economic slump was likely in the past as the country starts to reopen, but it could take
Russia plans to drill oil wells and pump in 2022 when OPEC+ deal expires
[ad_1] MOSCOW (Reuters) – The Russian government has tentatively approved a plan on drilling idle oil wells in order to prepare for restoration of oil production once the global deal on output curbs expires in
Apple to reopen about 100 U.S. stores, most with curbside pickup
[ad_1] The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar (Reuters) – Apple Inc plans to reopen
Exclusive: Coronavirus spreads in Brazil’s oilfields, as 6 offshore operators register cases
[ad_1] RIO DE JANEIRO (Reuters) – Norway’s Equinor ASA, Brazil’s Dommo Energia SA and Anglo-French firm Perenco are among at least six oil producers that have registered coronavirus cases among employees or contractors at facilities
Gold eases as equities rally, Hong Kong woes limit losses
[ad_1] (Reuters) – Gold prices edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion’s losses. FILE PHOTO: A
Merck to buy Austrian vaccine maker as it jumps into COVID-19 race
[ad_1] CHICAGO (Reuters) – Merck & Co Inc, which has largely kept to the sidelines of the race for COVID-19 treatments, said it was buying Austrian vaccine maker Themis Bioscience and would collaborate with research
LATAM becomes largest airline driven to bankruptcy by coronavirus
[ad_1] SAO PAULO (Reuters) – Chile’s LATAM Airlines Group SA 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. Latam Airlines
Uber cuts 600 jobs in India as lockdown hits business
[ad_1] FILE PHOTO: An Uber sticker is seen on driver Margaret Bordelon’s car in Lafayette, Louisiana, U.S. February 16, 2020. Picture taken February 16, 2020. REUTERS/Callaghan O’Hare/File Photo BENGALURU (Reuters) – Uber Technologies Inc will
Thailand to consider membership in Asia-Pacific trade pact in a month
[ad_1] BANGKOK (Reuters) – Thailand’s cabinet has agreed to set up a committee to consider whether Thailand should seek membership in an Asia-Pacific trade agreement after widespread opposition last month amid concerns joining the pact