Sidebar Ads

Sunday, May 31, 2020

Asia stocks prove resilient to US riots as S&P futures bounce

Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in U.S. cities and unease over Washington's power struggle with Beijing.


from Reuters: Business News https://ift.tt/3eGCZwD

Oil prices slip as wary traders eye upcoming OPEC+ meeting

Oil prices fell nearly 1% on Monday as traders hedged bets with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts beyond end-June.


from Reuters: Business News https://ift.tt/3gFzbhc

Delta, union working to avoid furloughs of 2,300 pilots

Delta Air Lines Inc and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.


from Reuters: Business News https://ift.tt/3gDJEcV

Asia cautious as U.S. riots weigh on S&P futures

Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already tense over Washington's power struggle with Beijing.


from Reuters: Business News https://ift.tt/2TXDlal

Crude prices fall on concerns of U.S. riots, even as OPEC meeting advanced

Oil prices fell due to concerns about riots in major U.S. cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June.


from Reuters: Business News https://ift.tt/3eGp75x

Coty to appoint Chairman Peter Harf as its new CEO: WSJ

Coty Inc is set to announce that Peter Harf, its current chairman, will become the cosmetics company's new chief executive officer, replacing Pierre Laubies, the Wall Street Journal reported on Sunday, citing people familiar with the matter.


from Reuters: Business News https://ift.tt/2XOg1gh

Coronavirus: 'Our business can now get cracking' after lockdown

Outdoor markets and car showrooms in England are allowed to reopen from Monday amid the pandemic.

from BBC News - Business https://ift.tt/2AopEuc

Concerns county will not benefit from £2 bus cap

Councillor Justine Peberdy says Yeomans Travel and Sargeants Brothers have not committed to the cap. from BBC News https://ift.tt/F7e4mf0