Business

WASHINGTON (Reuters) – President Donald Trump on Friday celebrated a stunning U.S. employment report that showed more than 2.5 million jobs were added last month during the thick of the coronavirus pandemic, and predicted the battered economy will recover all of its lost jobs by next year. “Today is probably, if you think of it,

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer will block any ads from such outlets that target U.S. users, it said on Thursday. FILE PHOTO: A Facebook sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November

FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake/File Photo (Reuters) – Broadcom Inc (AVGO.O) on Thursday forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by the impact

LONDON (Reuters) – Citigroup (C.N) is looking to ramp up its commercial banking operations across Europe, Middle East and Africa, plugging gaps left by rivals facing fallout from a coronavirus-induced recession. FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture

FILE PHOTO: Signage is seen at an Amazon facility in Bethpage on Long Island in New York, U.S., March 17, 2020. REUTERS/Andrew Kelly (Reuters) – Amazon.com Inc (AMZN.O) said on Wednesday it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group Inc (ATSG.O), bringing its total fleet to more than 80, as

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

FILE PHOTO: U.S. President Donald Trump delivers a statement on the ongoing protests over racial inequality in the wake of the death of George Floyd while in Minneapolis police custody, in the Rose Garden at the White House in Washington, U.S., June 1, 2020. REUTERS/Tom Brenner WASHINGTON (Reuters) – An advocacy group backed by the

FILE PHOTO: Shoppers walk into a Woolworths supermarket in Sydney, Australia August 22, 2017. REUTERS/Jason Reed/File Photo (Reuters) – Australia’s biggest supermarket chain Woolworths Group said on Tuesday it will reward more than 100,000 of its staff with free company shares for their efforts during a period of upheaval amid bushfires and the coronavirus buying

NEW YORK (Reuters) – U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions. All three major stock indexes began the month with gains of less than 1% on the heels of a strong rally in May.

LONDON (Reuters) – World stocks were just shy of three-month highs and the dollar weakened further on Monday as optimism on economies opening up boosted risk appetite, shrugging off worries over riots in the U.S. and unease over Washington’s power struggle with Beijing. FILE PHOTO – The German share price index DAX graph is pictured

FILE PHOTO: People walk past boarded up stores as demonstrations against the death in Minneapolis police custody of George Floyd continue, in Minneapolis, Minnesota, U.S., May 30, 2020. REUTERS/Lucas Jackson NEW YORK (Reuters) – Retail giant Target shuttered stores across the U.S. as retailers already reeling from closures due to the coronavirus pandemic shut stores

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, April 22, 2020 after Amazon extended the closure of its French warehouses until April 25 included, following dispute with unions over health protection measures amid the coronavirus disease (COVID-19) outbreak. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc (AMZN.O) said

FILE PHOTO: Chairman Urs Rohner of Swiss bank Credit Suisse takes part in a panel discussion at the Swiss International Financial Forum (SIFF) in Rueschlikon, Switzerland November 6, 2019. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Credit Suisse will not take a significant hit from its exposure to the battered oil and gas sector, Chairman Urs Rohner

FILE PHOTO: The logo of Google is seen in Davos, Switzerland Januar 20, 2020. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Alphabet Inc’s Google on Saturday said it has postponed next week’s planned unveiling of the beta version of its latest Android 11 mobile operating system in light of protests and unrest in the United States. “We

(Reuters) – The S&P ended a choppy session higher on Friday after President Donald Trump made comments on China that were less worrisome for the U.S. economy than investors apparently had feared. Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19)

PARIS (Reuters) – Renault (RENA.PA) said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to cut around 15,000 jobs worldwide. FILE PHOTO: An employee walks past a logo of Renault carmaker at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane