Global shares hit three-month highs on economic recovery hopes

Global shares hit three-month highs on economic recovery hopes
LONDON (Reuters) – World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls. FILE PHOTO – A general view shows the German share prize index DAX board during afternoon trading as... Read More

Global shares hit 3-month highs on economic recovery hopes

Global shares hit 3-month highs on economic recovery hopes
LONDON (Reuters) – World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16,... Read More

Nomura considers having fewer staff at headquarters permanently

Nomura considers having fewer staff at headquarters permanently
FILE PHOTO: The logo of Nomura Securities is pictured at the company’s Otemachi Head Office in Tokyo, Japan, November 18, 2016. Picture taken November 18, 2016. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – Nomura Holdings Inc (8604.T) is considering having fewer staff work at its Tokyo headquarters permanently now that the coronavirus pandemic has spurred a huge shift to remote working,... Read More

U.S. senator Cotton cautions Britain over Huawei cooperation

U.S. senator Cotton cautions Britain over Huawei cooperation
FILE PHOTO – U.S. Sen. Tom Cotton (R-AR) speaks during a Senate Intelligence Committee nomination hearing for Rep. John Ratcliffe (R-TX), on Capitol Hill in Washington, U.S., May 5, 2020. Andrew Harnik/Pool via REUTERS LONDON (Reuters) – U.S. Republican Senator Tom Cotton cautioned Britain on Wednesday that a decision to allow China’s Huawei a role in 5G networks could hurt... Read More

Shell weighs sale of $2 billion-plus stake in Queensland LNG facilities

Shell weighs sale of $2 billion-plus stake in Queensland LNG facilities
FILE PHOTO – Filled oil drums are seen at Royal Dutch Shell Plc’s lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014. REUTERS/Sergei Karpukhin/File Photo MELBOURNE/SYDNEY (Reuters) – Royal Dutch Shell (RDSa.L) is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant... Read More

Renault finalises 5 billion euro state-backed loan

Renault finalises 5 billion euro state-backed loan
A Renault car is seen in a show room at a Renault carmaker dealer, amid the coronavirus disease (COVID-19) outbreak in Sint-Pieters-Leeuw, Belgium May 29, 2020. REUTERS/Yves Herman PARIS (Reuters) – Renault (RENA.PA) finalised on Wednesday a 5 billion euro ($5.60 billion) loan from with the French government, strengthening the carmaker’s finances in the wake of the coronavirus pandemic which... Read More

Lufthansa vows company revamp as losses balloon

Lufthansa vows company revamp as losses balloon
FRANKFURT (Reuters) – Lufthansa vowed to step up up restructuring measures after posting a first-quarter net loss of 2.1 billion euros ($2.35 billion), days after agreeing a state bail-out amid the fallout from the coronavirus pandemic. FILE PHOTO: Airplanes of German carrier Lufthansa are parked at the Berlin Schoenefeld airport in Schoenefeld, Germany, May 26, 2020. REUTERS/Fabrizio Bensch The German... Read More

Shell looks to raise $2 billion from sale of stake in Queensland LNG facilities

Shell looks to raise $2 billion from sale of stake in Queensland LNG facilities
FILE PHOTO – Filled oil drums are seen at Royal Dutch Shell Plc’s lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014. REUTERS/Sergei Karpukhin/File Photo MELBOURNE (Reuters) – Royal Dutch Shell (RDSa.L) is looking to looking to raise more than $2 billion from the sale of a 26.25% stake in the common facilities at its... Read More