June 5, 2020

GM Cruise tries to poach Zoox engineers as company for sale

Self-driving technology company Cruise, a unit of General Motors Co’s , is trying to poach engineers from struggling rival Zoox Inc, according to an email sent […]
June 5, 2020

Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view – sources

The Bank of Japan is likely to maintain this month its projection that the economy will gradually recover from the damage wrought by the coronavirus pandemic […]
June 5, 2020

Australia shakes up foreign investment laws for national security

Australia announced the biggest shakeup of its foreign investment laws in almost half a century on Friday, including giving the government the power to force the […]
June 5, 2020

Virtual certainty? Bankers ask if success of remote roadshows will last

Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on the stock exchange? […]
June 5, 2020

China says forcing Chinese firms off U.S. exchanges will harm U.S.

China said on Friday that forcing Chinese firms to retreat from U.S. stock exchanges would severely harm U.S. interests. Powered by WPeMatico
June 5, 2020

Ocean shipping shrinks as pandemic pummels retailers

The $1 trillion container shipping industry is in a slowdown. Literally. Powered by WPeMatico
June 5, 2020

Oil rises as traders await OPEC+ meeting on extending supply cuts

Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers […]
June 5, 2020

Asian stocks set for best weekly gain in nine years, U.S. jobs eyed

Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as Europe’s […]
June 5, 2020

Japan’s first-quarter GDP decline likely smaller than initial estimates on firmer capex: Reuters poll

Japan’s first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still expected […]
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