From wagyu beef to melons, Japan’s $2.2 trillion virus rescue piques struggling firms
As the coronavirus jolts Japan, the government’s huge stimulus package has come under fire from hard-hit restaurant owners for channelling funds for items like wagyu...
Amid pandemic, investors bet on India’s Jio and its giant-killer playbook
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...
U.S. dollar’s shine fading, but risk high of rush to safe havens: Reuters poll
A fading of the U.S. dollar’s allure will continue as global funding strains ease, but a majority of analysts polled by Reuters said there was...
Asian stocks set to extend gains as stimulus fans recovery hopes
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...
Amazon is sued over warehouses after New York worker brings coronavirus home, cousin dies
Amazon.com Inc has been sued for allegedly fostering the spread of the coronavirus by mandating unsafe working conditions, causing at least one employee to contract...
Amazon leases 12 aircraft to bolster air cargo fleet
Amazon.com Inc said on Wednesday it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group Inc , bringing its total fleet to...
Wall Street closes sharply higher on signs of economic rebound
Wall Street rallied broadly on Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond...
Oil moves higher, hovers below $40 as doubts emerge over next step on OPEC cuts
Oil ended slightly higher on Wednesday but remained below the session’s early highs above $40 a barrel, the highest since March, retreating as doubts emerged...
U.S. HR executives see working from home as part of new normal: survey
More than three out of four U.S. human resource executives think more employees will continue to work from home even after the threat of the...
Bacardi family member fights for reshuffle at spirits group
Monika Bacardi, a member of the family owning the maker of the eponymous rum, said her Liechtenstein-based trust was blocking her attempt to reshuffle the...