UK car sales almost 90% below normal in May – SMMT
British car sales edged up in May after falling to their lowest since 1946 in April, but still remained almost 90% below their level a year earlier as coronavirus restrictions limited...
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U.S. new weekly jobless claims seen falling below 2 million
Posted by Reuters | Jun 4, 2020 | World News |
The number of Americans filing for unemployment benefits likely dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies adjust to an environment that has been...
Read MoreShell plastics plant Trump touted faces oversupply risks: energy institute report
Posted by Reuters | Jun 4, 2020 | World News |
A massive Pennsylvania plastics project that President Donald Trump touted during a visit last year faces risks of oversupply and a low price outlook for the materials, a report by an institute that examines energy issues said...
Read MoreAmid pandemic, investors bet on India’s Jio and its giant-killer playbook
Posted by Reuters | Jun 3, 2020 | World News |
From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani’s Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the...
Read MoreSouth Korea seeks arrest warrant for Samsung heir in merger probe
Posted by Reuters | Jun 3, 2020 | World News |
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee and two former company executives, they said on Thursday, in an investigation of a controversial 2015 merger and alleged accounting...
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