FILE PHOTO: A sign of China’s e-commerce company JD.com is seen at its shop at a mall in Shanghai, China October 26, 2018. REUTERS/Aly Song/File Photo August 17, 2020 (Reuters) – China’s JD.com Inc <JD.O> beat analysts’ estimates for quarterly sales on Monday, as the firm benefited from a shift […]
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Wall Street futures tick up ahead of big retail earnings week
August 17, 2020 By Ambar Warrick (Reuters) – U.S. stock index futures rose on Monday as retailers prepared to wind down a better-than-feared quarterly earnings season, while the countdown to Election Day was set to begin with the Democratic National Convention kicking off later in the day. The benchmark S&P […]
U.S. university insured Chinese student tuition against virus. Then COVID-19 hit
August 17, 2020 By Suzanne Barlyn (Reuters) – After becoming dean of the University of Illinois business school in 2015, Jeffrey Brown worried that politics or a virus would choke off a major source of revenue for his school: Chinese graduate students. So, in 2017, along with the engineering school, […]
Thailand suffers biggest economic slump since 1998, government announces more stimulus
FILE PHOTO: A man works in the automobile production line of the new Honda plant in Prachinburi, Thailand May 12, 2016. REUTERS/Jorge Silva August 17, 2020 By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy suffered its biggest annual contraction since the Asian financial crisis in the second […]
Travel stocks weigh on Europe, miners jump
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 6, 2020. REUTERS/Staff August 17, 2020 By Sruthi Shankar (Reuters) – European shares were trading flat on Monday as China-exposed miners gained on fresh stimulus for the world’s second-largest economy, but growing risks […]
Belarusian opposition politician Tsikhanouskaya says she is ready to lead nation
FILE PHOTO: A view shows a photograph of Belarusian opposition leader Sviatlana Tsikhanouskaya, which was attached to a fence by participants of a protest against presidential election results, outside the embassy of Belarus in Moscow, Russia August 14, 2020. REUTERS/Maxim Shemetov August 17, 2020 By Andrei Makhovsky MINSK (Reuters) – […]
Facebook faces heat from Indian lawmakers on content practices
August 17, 2020 NEW DELHI (Reuters) – Indian politicians are trading barbs over a media report that Facebook Inc’s <FB.O> content policies favoured Prime Minister Narendra Modi’s party, putting the social network at the centre of a political storm in its biggest market by users. Lawmakers of Modi’s Bharatiya Janata […]
South Korea battles worst coronavirus outbreak in months, warns of crisis
FILE PHOTO: People wait for the bus inside a glass covered stop in which a thermal imaging camera, UV sterilizer, air conditioner, CCTV and digital signage are set, to avoid the spread of COVID-19 in Seoul, South Korea, August 14, 2020. REUTERS/Heo Ran August 17, 2020 By Hyonhee Shin SEOUL […]
Netflix tools up in South East Asia as Disney+ Indonesia launch sets scene for streaming battle
August 17, 2020 By Fanny Potkin SINGAPORE (Reuters) – U.S streaming giant Netflix <NFLX.O> is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney <DIS.N> arrives in the fast-growing market. The world’s biggest video streaming platform by paid […]
MLB roundup: White Sox hit four straight HRs, beat Cards
Aug 16, 2020; Chicago, Illinois, USA; Chicago White Sox first baseman Jose Abreu (79) hits a home run against the St. Louis Cardinals during the fifth inning at Guaranteed Rate Field. Mandatory Credit: Mike Dinovo-USA TODAY Sports August 17, 2020 Yoan Moncada, Yasmani Grandal, Jose Abreu and Eloy Jimenez connected […]