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Carnival posts $4.4 bln loss; choppy seas ahead

Carnival Corp, the world's biggest cruise ship operator, posted a $4.4 billion quarterly loss on Thursday and warned of more pain ahead with regulators still ordering it to keep ships docked during the pandemic. Conway G. Gittens has the details......»»

Category: videoSource: REUTERSJun 18th, 2020Related News

The U.S. industries starting to bloom again

May 2020 saw a $73 billion rebound in U.S. retail sales. But which champions of retail are leading the comeback? And which are still lagging behind?.....»»

Category: videoSource: REUTERSJun 18th, 2020Related News

BoE adds 100 bln pounds to stimulus war-chest

The Bank of England increased its bond-buying program by 100 billion pounds ($125 billion) on Thursday as it sought to help steer the economy away from a record slump. Ciara Lee reports.....»»

Category: videoSource: REUTERSJun 18th, 2020Related News

Spain unveils $4.8 bln aid for holiday sector

Spain has unveiled a package of financial aid for its tourism sector valued at about $4.8 billion. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSJun 18th, 2020Related News

1.5 mln Americans file jobless benefits last week

Unemployment claims dipped last week to 1.5 million but remained historically high. As Fred Katayama reports, a second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated......»»

Category: videoSource: REUTERSJun 18th, 2020Related News

Lloyd"s of London makes slave trade apology

The Lloyd's of London insurance market has apologised for its role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities promoting opportunities for black and ethnic minority groups. Ciara Lee reports.....»»

Category: videoSource: REUTERSJun 18th, 2020Related News

Google"s Chrome target of massive spying attack

A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google's Chrome web browser, researchers at Awake Security told Reuters. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSJun 18th, 2020Related News

Stock rally takes a pause as new COVID-19 cases spike

The Dow and S&P 500 snapped three-day winning streaks as a surge in new coronavirus cases in several states gave investors a reason to pause. Conway G. Gittens has the wrap......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Beware of the economy"s "last mile": advisor

Summit Pl.....»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Pepsi to drop "racial stereotype" Aunt Jemima

PepsiCo will stop using the Aunt Jemima brand name and logo for its pancake mix and syrup as of the fourth quarter of the year, acknowledging the origins of the mascot for being rooted in racist stereotypes. Conway G. Gittens has more......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

U.S. housing starts climb in May

U.S. homebuilding rose less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from the COVID-19 crisis. Fred Katayama reports......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Get ready for no-deal Brexit, Germany warns EU

Berlin is warning other EU members to prepare for a no-deal Brexit, believing positions are far apart and time too short for an agreement. That's according to an internal government document seen by Reuters. Lucy Fielder reports......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Southwest has enough cash for two years

Southwest Airlines said Wednesday it has enough cash to carry on business for the next two years as travel demand gradually picks up. As Fred Katayama reports, the carrier will also keep middle seats vacant through September......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Germany passes extra stimulus budget

Chancellor Angela Merkel's cabinet on Wednesday passed another supplementary budget to finance its bumper stimulus package. Francis Maguire reports......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Lufthansa warns bailout deal could collapse

Lufthansa has warned that its bailout deal could fall apart if shareholders don't support it at a virtual general meeting. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Stocks gain even as China contagion fears rise

Most Asian and European stock indexes rose Wednesday, even after signs of a rise in new coronavirus cases in China. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

HSBC revives plan for 35,000 job cuts

HSBC is resuming a redundancy plan it put on ice amid the global pandemic, and will cut around 35,000 jobs over the medium term. Francis Maguire reports......»»

Category: videoSource: REUTERSJun 17th, 2020Related News

Wall Street climbs on economic recovery hopes

Wall Street bounced higher on Tuesday thanks to the combination of a historic retail sales figure, comments from the Fed chief, a positive study on a possible COVID-19 treatment and hopes for an infrastructure plan. Conway G. Gittens has the details......»»

Category: videoSource: REUTERSJun 16th, 2020Related News

Breakingviews TV: Stock bonanza

Companies are i.....»»

Category: videoSource: REUTERSJun 16th, 2020Related News

Buy euros instead of stocks: trader

With stocks near record highs, Jeff Tomasulo of Vespula Capital says investors are better off buying currencies like the euro to bet against the U.S. dollar. He tells Reuters' Fred Katayama they should consider assets that are not correlated to stocks......»»

Category: videoSource: REUTERSJun 16th, 2020Related News