Reuters: Business News

Reuters News
  1. Chinese consumers snap up yoga mats, video games, condoms as coronavirus keeps them at home
    As the coronavirus epidemic keeps hundreds of millions of Chinese stuck at home, they're shopping online to stave off boredom with games for Nintendo's Switch console, yoga mats, books and condoms all showing big jumps in orders.
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  2. EU extends EssilorLuxottica, GrandVision antitrust investigation to July 6
    EU antitrust regulators on Tuesday extended their investigation into Ray-Ban maker EssilorLuxottica's 7.2 billion-euro ($7.8 billion) bid for Dutch opticians group GrandVision by two weeks to July 6, according to an EU filing.
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  3. Oil steadies above $56 as supply constraints counter virus fears
    Oil steadied above $56 a barrel on Tuesday after two days of declines as OPEC output cuts and Libyan supply losses balanced concerns about the spread of the coronavirus and its impact on oil demand.
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  4. Global stocks pause after coronavirus shakeout
    Global stock markets stabilised on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce after the previous day's sharp selloff on fears about the spreading coronavirus.
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  5. Markets bet Fed is pushed to cut rates in coronavirus response
    Financial markets on Monday ratcheted up bets the U.S. Federal Reserve will be pressed to cut interest rates to cushion a feared hit to economic growth from the spread of the coronavirus, although one official cautioned against expecting the central...
  6. Wall Street plunges on fears of coronavirus pandemic
    The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic.
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  7. Investors eye bleach, food and tissues as virus fears intensify
    While Wall Street's broader indexes fell sharply on Monday on concerns about coronavirus, investors turned to some consumer companies as they bet on stock-piling of products such as disinfectants and shelf-stable foods.
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  8. Health insurer shares pummeled by Sanders surge, virus worries
    As concerns over the spreading coronavirus outbreak hammered U.S. stocks, one corner of the market was confronted with another potentially game-changing prospect: a Bernie Sanders nomination.
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  9. Exclusive: Japan to further ease rules on foreign ownership of stocks: sources
    Japan will add exemptions to new foreign investment restrictions for companies exposed to sensitive national security issues, government sources said, in a move aimed at keeping overseas capital in the country.
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  10. China's main manufacturing hubs reboot after virus shutdown
    As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers returning to work and more traffic on the roads during rush hours.
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