Monday February 17, 2020 5:14:35 AM PST - Some people are like clouds. When they go away, it's a brighter day. - Unknown
 
 
 

 

 

 
 

Mon, 17 Feb 2020 08:01:01 -0500

Australia says 2019/20 wheat harvest drops to lowest in 12 years

Australia said on Tuesday its 2019/2020 wheat harvest was the lowest in 12 years, missing its forecast, as a severe drought across the east coast wilted crops.


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Mon, 17 Feb 2020 07:36:32 -0500

Brazil's BRF says 2 plants in Parana state suspended from exporting poultry to Saudi Arabia

Brazilian meatpacker BRF SA said on Monday that two of its plants in the southern state of Paraná have been temporarily suspended from exporting poultry to Saudi Arabia due to alleged irregularities in feed production.


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Mon, 17 Feb 2020 07:12:06 -0500

METALS-China stimulus helps copper to three-week high

Copper prices climbed to three-week peaks on Monday after top consumer China cut interest rates to offset the economic damage from the coronavirus, though worries over demand for industrial metals capped gains. Benchmark copper on the London Metal Exchange (LME) was up 0.8% at $5,808


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Mon, 17 Feb 2020 07:11:36 -0500

UPDATE 1-Sterling maintains gains amid expectations government will spend more

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Updates prices and adds latest news and sterling positions)


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Mon, 17 Feb 2020 07:11:27 -0500

GLOBAL MARKETS-World shares inch up on Chinese support measures

Global shares inched higher on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors.


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Mon, 17 Feb 2020 07:07:58 -0500

UPDATE 1-Brazil's Magazine Luiza profit falls after margin trade-off to boost sales

Brazilian retailer Magazine Luiza SA on Monday reported a 11.4% drop in fourth-quarter net income year-on-year, as the group took a hit on margins to achieve record total sales growth.


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Mon, 17 Feb 2020 06:56:07 -0500

WRAPUP 7-Hundreds of Americans flown home from cruise ship, 14 with coronavirus

* Experts say too early to tell if outbreak in China contained


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Mon, 17 Feb 2020 06:54:05 -0500

UPDATE 4-Rise in coronavirus infections prompts Japan to limit public crowds

Japan cancelled the emperor's birthday celebrations next week as it moved on Monday to limit crowds to contain the spread of the coronavirus, and said it will close the Tokyo Marathon to all but elite professional runners.


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Mon, 17 Feb 2020 06:38:54 -0500

HSBC extends Hong Kong travel ban to March 16 - memo

HSBC has extended restrictions on staff travelling to Hong Kong until March 16 amid the ongoing coronavirus epidemic, according to a memo seen by Reuters on Monday.


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Mon, 17 Feb 2020 06:31:51 -0500

Ex-divs to take 8.9 points off FTSE 100 on Feb 20

The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take around 8.9 points off the index. (RIC) COMPANY DIVIDEND STOCK IMPACT (pence) OPTION CARNIVAL 0.5 (USD


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Mon, 17 Feb 2020 06:17:23 -0500

UPDATE 1-Malaysia to choose 5G partners based on own security standards

Malaysia's own security standards will dictate which companies take part in its planned 5G rollout this year, its communications minister told Reuters on Monday, as the United States pushes countries to exclude China's Huawei.


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Mon, 17 Feb 2020 06:13:02 -0500

Brazil's Magazine Luiza posts lower Q4 profit amid rising operating expenses

Brazilian retailer Magazine Luiza SA reported on Monday a 11.4% drop in its fourth-quarter net income year-on-year, as a 51.3% jump in total sales, including third-party sellers, was overshadowed by higher operating costs, driving margins down.


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Mon, 17 Feb 2020 06:05:03 -0500

CORRECTED-Malaysia to choose 5G partners based on own security standards

Malaysia's own security standards will dictate which companies take part in its planned 5G rollout this year, its communications minister told Reuters on Monday, as the United States pushes countries to exclude China's Huawei.


Link to Article...

Mon, 17 Feb 2020 06:01:56 -0500

China seeks help of national tech giants to track coronavirus with QR codes

China's government is enlisting the help of Alibaba Group Holding Ltd and Tencent Holdings Ltd to expand colour-based systems for tracking individuals affected with the coronavirus nationwide.


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Mon, 17 Feb 2020 06:00:00 -0500

INSIGHT-Clock's ticking for Nissan boss Uchida to show he has a plan - sources

* Uchida has just months to show he is making progress -sources


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Mon, 17 Feb 2020 05:40:54 -0500

Lonza poised to mandate banks for specialty chemicals spinoff - sources

Swiss drug contract manufacturer Lonza is preparing to mandate banks for a stock market listing of its chemicals unit as it focuses on the faster-growing pharmaceutical and biotech companies business, two people close to the matter said.


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Mon, 17 Feb 2020 05:38:22 -0500

China’s Meituan waives Feb commission fees nationwide for local services amid coronavirus outbreak

Meituan Dianping, China’s on-demand service giant, said on Monday it has waived all commission fees for restaurants and other local services nationwide throughout February, to help businesses cope with the coronavirus outbreak.


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Mon, 17 Feb 2020 05:00:08 -0500

Burning tyres and sore feet: Lagos bristles under bike ban

It is dark when Abisoye Adeniyi leaves home on the packed Lagos mainland, weaving through cars and minibuses. She reaches her bus stop as the sun rises.


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Mon, 17 Feb 2020 04:48:21 -0500

UPDATE 1-Macau casinos to resume operations from Feb 20 after suspension over virus fear

* Macau has had no new coronavirus cases in past 2 weeks (Adds detail on measures)


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Mon, 17 Feb 2020 04:47:06 -0500

Chinese province launches insurance for businesses hit by coronavirus

China's southern province of Hainan has launched the first specially-designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said.


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