Mexico to propose NAFTA renegotiator to lead WTO: sources
MEXICO CITY (Reuters) – Mexico is set to propose senior trade official Jesus Seade, who helped rework the North American Free Trade Agreement, as a candidate to be the next … Read More
Category: Business
WeWork co-founder McKelvey to leave company by June end
(Reuters) – WeWork co-founder Miguel McKelvey will leave the company at the end of June, a spokesman for the troubled office-sharing start-up said on Friday. McKelvey’s exit comes as WeWork, … Read More
Canada gains surprise 289,600 jobs in May, jobless rate hits record
OTTAWA (Reuters) – Canada unexpectedly gained 289,600 jobs in May even as the jobless rate hit a record high at 13.7%, data showed on Friday, buoyed by the loosening of … Read More
IAG chief hints at legal action over government quarantine and calls for union engagement over BA’s future
The chief executive of IAG says he wants trade unions to “engage” with the airline’s management to ensure the future of British Airways, also hinting that the company could take … Read More
Asian stocks set for best weekly gain in nine years, ECB stimulus boosts euro; U.S. jobs eyed
SYDNEY (Reuters) – Asian stocks erased early losses on Friday and were poised for their biggest weekly rise since 2011 while the euro hovered near a 1-1/2 month high as … Read More
U.S. to revise Chinese passenger airline ban after Beijing move: sources
WASHINGTON (Reuters) – The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government … Read More
Wall Street ends four-day rally in advance of May jobs report
(Reuters) – Wall Street retreated on Thursday as investors hit the pause button in advance of Friday’s jobs report, capping a four-day rally driven by rising economic sentiment. While all … Read More
Tech stocks boost Nasdaq as recovery optimism prevails
(Reuters) – A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism … Read More
Virgin Atlantic says to restart some flights on July 20
LONDON (Reuters) – Virgin Atlantic said on Thursday it would restart some flights that have been grounded by the COVID-19 pandemic on July 20 and aimed to restore further services … Read More
Futures slip ahead of jobless data
(Reuters) – U.S. stock index futures slipped on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam, with investors awaiting … Read More
Asian stocks set to extend gains as stimulus fans recovery hopes
NEW YORK (Reuters) – Stronger appetite for riskier assets is set to lift Asian equities on Thursday, as government stimulus expectations support investor confidence in an economic recovery from the … Read More
Cinema chain AMC warns it may not survive the pandemic – The Denver Post
Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to … Read More