Business

The Latest: India reports biggest jump in virus cases again

The Latest: India reports biggest jump in virus cases again

SUMMARY: — India reports biggest jump in virus cases for 7th straight day.

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Aston Martin chief leaves amid share price collapse

Aston Martin chief leaves amid share price collapse

SUMMARY: Image copyright ReutersStruggling luxury UK carmaker Aston Martin has announced that chief executive Andy Palmer has stepped down.

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Latin America's largest airline LATAM files for U.S. bankruptcy protection

Latin America's largest airline LATAM files for U.S. bankruptcy protection

SUMMARY: (Reuters) - Latin America’s largest airline LATAM Airlines Group SA (LTM.SN) said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the U.S. have filed for Chapter 11 bankruptcy protection in the United States.

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Korean prosecutors question Samsung heir in succession-related probe

Korean prosecutors question Samsung heir in succession-related probe

SUMMARY: Prosecutors have been investigating suspected accounting fraud at drug company Samsung Biologics after the Korean financial watchdog complained the firm’s value had been inflated by 4.5 trillion won ($3.64 billion) in 2015.

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Aston Martin confirms Mercedes boss Moers will replace CEO Palmer

Aston Martin confirms Mercedes boss Moers will replace CEO Palmer

SUMMARY: FILE PHOTO: Tobias Moers, chief executive officer of Mercedes-AMG GmbH speaks with reporters during the media preview of the 2016 New York International Auto Show in Manhattan, New York March 23, 2016.

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Japan shares scale 10-week peak, S&P 500 up sharply

Japan shares scale 10-week peak, S&P 500 up sharply

SUMMARY: SYDNEY (Reuters) - Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors brushed past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.

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EasyJet says finance chief Findlay to leave in 2021

EasyJet says finance chief Findlay to leave in 2021

SUMMARY: FILE PHOTO: Andrew Findlay EasyJet Chief Financial Officer poses for a photograph during an event of the British budget carrier EasyJet to present the first flight from airport Tegel in Berlin, Germany January 5, 2018.

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Latam Airlines files for Chapter 11 bankruptcy protection

Latam Airlines files for Chapter 11 bankruptcy protection

SUMMARY: South American carrier Latam Airlines says it is seeking Chapter 11 bankruptcy protection as it grapples with the sharp downturn in air travel sparked by the coronavirus pandemic.

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'This could be the one that gets me,' says oilfield service veteran

'This could be the one that gets me,' says oilfield service veteran

SUMMARY: REUTERS/Angus MordantA third-generation employee, Harris rose through the ranks at the top shale-oil services provider to oversee oilfield crews.

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Uber-rival Bolt raises 100 million euros

Uber-rival Bolt raises 100 million euros

SUMMARY: REUTERS/Ints KalninsTALLINN (Reuters) - Ride-hailing service Bolt said on Tuesday it has raised 100 million euros ($109 million) from London-based investment firm Naya Capital Management in a deal valuing the European rival of Uber at 1.7 billion euros.

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Oil prices rise on supply cut hopes, easing of coronavirus lockdowns

Oil prices rise on supply cut hopes, easing of coronavirus lockdowns

SUMMARY: MELBOURNE/SINGAPORE (Reuters) - Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks up with more cars back on the road as coronavirus lockdowns are eased around the world.

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Exclusive: Cathay Pacific's brand merger hits roadblock from China's aviation regulator - sources

Exclusive: Cathay Pacific's brand merger hits roadblock from China's aviation regulator - sources

SUMMARY: SYDNEY (Reuters) - China’s aviation regulator may make it difficult for Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) to merge regional arm Cathay Dragon into its main brand because of infractions during last year’s pro-democracy protests, two sources said.

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George R.R. Martin joins group to buy historic railway

George R.R. Martin joins group to buy historic railway

SUMMARY: SANTA FE, N.M. — George R.R.

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Congress weighs choice: 'Go big' on virus aid or hit 'pause'

Congress weighs choice: 'Go big' on virus aid or hit 'pause'

SUMMARY: WASHINGTON — Congress is at a crossroads in the coronavirus crisis, wrestling over whether to "go big," as House Speaker Nancy Pelosi wants for the next relief bill, or hit "pause," as Senate Majority Leader Mitch McConnell insists.

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Coronavirus: New York Stock Exchange trading floor to reopen

Coronavirus: New York Stock Exchange trading floor to reopen

SUMMARY: Image copyright ReutersThe New York Stock Exchange (NYSE) is set to reopen its trading floor on Tuesday after a two-month closure due to the coronavirus pandemic.

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Daimler to invest in Chinese EV battery maker Farasis' $480 million IPO: sources

Daimler to invest in Chinese EV battery maker Farasis' $480 million IPO: sources

SUMMARY: The two firms struck a deal last year for Farasis to supply Daimler with lithium-ion battery cells and Farasis is building a factory in Germany.

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Coronavirus hit meat plants just as workers were being asked to speed up

Coronavirus hit meat plants just as workers were being asked to speed up

SUMMARY: And the agency late last year approved an inspection system that would let pork plants abolish line-speed limits — now set at 1,106 hogs an hour — altogether.

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Coronavirus: Lufthansa agrees €9bn rescue deal with Germany

Coronavirus: Lufthansa agrees €9bn rescue deal with Germany

SUMMARY: Image copyright DeFodi Images / Getty ImagesLufthansa has agreed a rescue deal worth €9bn (£8bn) with the German government that saves it from collapse.

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Coronavirus: All non-essential shops to reopen from 15 June - PM

Coronavirus: All non-essential shops to reopen from 15 June - PM

SUMMARY: Image copyright Getty ImagesAll non-essential retailers will be able to reopen in England from 15 June, Boris Johnson has announced, as part of plans to further ease the lockdown.

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Coronavirus: Spain to stop quarantining arrivals from 1 July

Coronavirus: Spain to stop quarantining arrivals from 1 July

SUMMARY: Image copyright ReutersForeign visitors to Spain will no longer have to undergo a two-week quarantine from 1 July, the government has announced.

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