(Reuters) – Walt Disney Co’s (DIS.N) reopening of theme parks and resort hotels in California will be delayed until Disneyland receives government approval, the company said on Wednesday. Disney had originally planned to reopen the Disneyland Park and Disney California Adventure park on July 17. Source: Read Full Article

(Reuters) – U.S. stocks fell sharply on Wednesday as a surge in coronavirus cases in the United States fanned fears of a fresh lockdown, with worsening forecasts of the economic damage from the pandemic further denting sentiment. The United States has recorded the second-largest rise in infections since the health crisis began, with states where […]

ROME (Reuters) – Italy’s audit court has given its green light to a decree offering state guarantees for a 6.3-billion euro ($7.12 billion) loan for Fiat Chrysler’s Italian Unit, a source said, paving the way for the largest crisis loan to a European carmaker. The court’s decision is the final step in what has been […]

Asia-Pacific stock markets are recovering as economies reopen, but the road ahead is fraught with risks as the disruptions unleashed by the Covid-19 pandemic mean that some companies will thrive even as others fall by the wayside. Against this backdrop, Aberdeen Standard Investments – the largest active manager in the UK and one of Europe’s […]

JD Sports has bought back its Go Outdoors chain for £56.5m after putting it into administration. The move will “preserve as many jobs as possible”, JD Sports said, with a major restructuring plan aimed at retaining the “majority” of stores. Go Outdoors sells camping, fishing and cycling equipment and employs about 2,400 staff. On Saturday, […]

(Reuters) – Wall Street’s three major indexes rose on Tuesday as improving economic data and the prospect of more stimulus bolstered hopes of a swift recovery, while a jump in technology shares powered the Nasdaq to another record high. White House economic adviser Lawrence Kudlow said tax rebates and direct mail checks are on the […]

SINGAPORE (THE BUSINESS TIMES) – United Overseas Bank’s (UOB) innovation accelerator The FinLab on Tuesday (June 23) launched an online platform to help small and medium-sized enterprises (SMEs) and start-ups across Asean to digitalise. The FinLab Online aims to give more business owners and entrepreneurs access to The FinLab’s business transformation programmes, with free membership […]

Sajid Javid has called for a cut in national insurance to boost the UK’s recovery from the coronavirus crisis. The MP and former chancellor has said that early hopes of a V-shaped recovery from the pandemic have “proved optimistic”. As well as killing more than 42,000 people in the UK and almost 470,000 worldwide, the […]

SYDNEY (Reuters) – Asian shares see-sawed in a wild ride on Tuesday following confusing statements from the White House over the U.S.-China trade deal, with President Donald Trump later clarifying the pact was “fully intact.” Trump’s tweet bolstered market sentiment, helping e-minis for the S&P 500 swing back to positive territory. Asian shares were quick […]

(Reuters) – Billionaire Richard Branson’s Virgin Galactic Holdings Inc (SPCE.N) said on Monday it has signed up with NASA to develop a program to promote private missions to the International Space Station, sending the shares of the company up more than 14%. As part of its agreement with the Johnson Space Center, the space tourism […]