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  • Hyundai Motor's May sales fall sharply year-on-year on COVID-19 impact
    on June 1, 2020 at 7:11 am

    South Korea's Hyundai Motor Co said on Monday its provisional May sales fell 39% year-on-year to 217,510 vehicles globally, as the coronavirus outbreak continued to hit demand in key markets. […]

  • KKR, Cinven, Providence file public tender offer for Masmovil
    on June 1, 2020 at 7:09 am

    Buyout funds KKR , Cinven and Providence teamed up to file a 2.96 billion euro ($3.30 billion) public tender offer for Spanish telecom company MasMovil on Monday. […]

  • Asia stocks scale 3-month peak, resilient to U.S. rioting
    on June 1, 2020 at 7:08 am

    Asian shares advanced to three-month highs on Monday as progress on re-opening economies helped offset jitters over riots in U.S. cities and unease over Washington's power struggle with Beijing. […]

  • Oil prices edge up ahead of upcoming OPEC+ meeting
    on June 1, 2020 at 6:35 am

    Oil prices were little changed on Monday, with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts beyond end-June. […]

  • Analysts' View: Impact of the U.S. protests on financial markets
    on June 1, 2020 at 6:26 am

    National Guard troops have been deployed in 15 U.S. states and the U.S. capital after five nights of violence and destruction that began with peaceful protests over the death of a black man, George Floyd, in police custody. […]

  • Workers nervously eye return to Lear's coronavirus-hit plant in Mexico
    on June 1, 2020 at 5:55 am

    Lear Corp is implementing costly safety measures that may hurt productivity at its operations in Mexico after suffering the deadliest known factory-related coronavirus outbreak in the Americas, but the U.S. auto parts maker still faces a battle to win back workers' trust. […]

  • Asia's factory pain worsens as China's recovery fails to lift demand
    on June 1, 2020 at 5:25 am

    Asia's factory pain deepened in May as the slump in global trade caused by the coronavirus pandemic worsened, with export powerhouses Japan and South Korea suffering the sharpest declines in business activity in more than a decade. […]

  • Escalating China tensions could become an obstacle for U.S. stock rally
    on June 1, 2020 at 5:08 am

    U.S. President Donald Trump's directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to put China-U.S. tensions back in the headlines over the coming months, creating a new driver of volatility in global equity markets. […]

  • Retailers already hit by coronavirus board up as U.S. protests rage
    on June 1, 2020 at 1:03 am

    Target Corp and Walmart said on Sunday they shuttered stores across the United States as retailers already reeling from closures because of the coronavirus pandemic shut outlets amid protests that included looting in many U.S. cities. […]

  • Delta, union working to avoid furloughs of 2,300 pilots
    on June 1, 2020 at 12:52 am

    Delta Air Lines Inc and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying. […]

  • Coty to appoint Chairman Peter Harf as its new CEO: WSJ
    on May 31, 2020 at 11:30 pm

    Coty Inc is set to announce that Peter Harf, its current chairman, will become the cosmetics company's new chief executive officer, replacing Pierre Laubies, the Wall Street Journal reported on Sunday, citing people familiar with the matter. […]

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