[ad_1] SEOUL (Reuters) – More than a hundred shoppers waited in line to enter a store of French luxury brand Chanel in Seoul on Wednesday, shrugging off concern about a second wave of novel coronavirus
Japan’s big banks boost lending as pandemic intensifies corporate funding strains
[ad_1] TOKYO (Reuters) – Lending by Japan’s major banks rose in April at the fastest pace since the global financial crisis in 2009, data showed on Wednesday, highlighting a jump in borrowings by firms facing
Sensex, Nifty surge after $266 billion stimulus boost
[ad_1] The Bombay Stock Exchange (BSE) building is pictured next to a police van in Mumbai, India, August 24, 2015. India’s benchmark BSE index fell more than 5 percent on Monday to their lowest in
Chinese coronavirus vaccine could be tested, manufactured in Canada
[ad_1] TORONTO (Reuters) – China’s CanSino Biologics Inc (6185.HK), the company behind one of the few coronavirus vaccine candidates already in clinical trials, is collaborating with Canada’s National Research Council to “pave the way” for
Putin’s spokesman becomes fifth senior Russian official to get coronavirus
[ad_1] MOSCOW (Reuters) – Russian President Vladimir Putin’s spokesman Dmitry Peskov said on Tuesday he had tested positive for the novel coronavirus, as a new surge in infections gave Russia the third highest number of
Asian stocks set to slip on coronavirus fears, vaccine timing
[ad_1] NEW YORK (Reuters) – Asian equities were set to pull back on Wednesday as heightened concerns about coronavirus infections and the timing for a vaccine outweighed the lift from rebounding oil prices and upbeat
U.S. auto industry workers return to jobs amid concerns of second virus wave
[ad_1] DETROIT (Reuters) – Factory workers began returning to assembly lines in Michigan on Monday, paving the way to reopen the U.S. auto sector but stoking fears of a second wave of coronavirus infections as
Uber approaches Grubhub with acquisition offer – sources
[ad_1] (Reuters) – Uber Technologies Inc (UBER.N) is in negotiations to buy online food delivery company Grubhub Inc (GRUB.N) in an all-stock deal, according to people familiar with the matter. The Uber logo is displayed
Fed’s Quarles defends decision to let banks maintain dividends
[ad_1] WASHINGTON (Reuters) – A senior Federal Reserve official on Tuesday defended before Congress the central bank’s decision to allow lenders to continue issuing dividends, even as the regulator seeks permission from lawmakers to further
S&P 500 tumbles on fears of virus resurgence in economic reopening
[ad_1] New York (Reuters) – The S&P 500 dropped 2% on Tuesday as investors took profits following a warning from the top U.S. infectious disease expert that premature moves to reopen the nation’s economy could