Google Alert - Business

	Business Daily update ⋅ June 20, 2020
	NEWS
	Reuters Japan begins to unwind dominant position in dollar swaps with Fed Reuters TOKYO (Reuters) - Japan, the biggest taker of cheap dollar funding from the U.S. Federal Reserve during the coronavirus pandemic, is weaning itself off that supply as it shies away from emergency swaps and returns to now sedate interbank markets. Flag as irrelevant
	Wall Street Journal Inside the Aviation Industry's Toughest Battle Yet: Getting Back in the Skies Wall Street Journal Travel bans, quarantines and other restrictions have brought travel through hubs like Heathrow Airport to a standstill. Passengers wearing PPE (personal protective equipment) queued up to board a flight at Terminal 2 of Heathrow Airport on May 22. tolga ... Flag as irrelevant
	CNBC DoorDash scores valuation of $16 billion as coronavirus pushes it to top of food-delivery chain CNBC DoorDash has raised an additional $400 million in equity financing led by Durable Capital Partners and Fidelity, pushing its valuation to $16 billion, Axios reported. Since Covid-19 lockdown orders were issued across the U.S. in mid-March, DoorDash's sales ... Flag as irrelevant
	Wall Street Journal Oil Prices Rise Above $40 on Demand Hopes Wall Street Journal Oil prices climbed Friday, sending U.S. crude above $40 a barrel with traders hopeful that global fuel demand will rebound more quickly than anticipated. U.S. crude futures for delivery in July rose 3.4% to $40.17 a barrel, heading for their highest close since ... Flag as irrelevant
	Wall Street Journal Russia Cuts Interest Rates to Post-Soviet Low Wall Street Journal MOSCOW—Russia's central bank slashed its benchmark interest rate to a post-Soviet low as the economy enters a deep recession fueled by the fall in oil prices and the coronavirus pandemic. The bank lowered its key rate by 100 basis points to 4.5%, ... Flag as irrelevant
	Reuters Oil prices gain with OPEC+ holding the line on supply cuts Reuters MELBOURNE/TOKYO (Reuters) - Oil prices rose more than 1% on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand was recovering well. Flag as irrelevant
	Reuters US and Canadian oil & gas rig count falls to record lows: Baker Hughes Reuters (Reuters) - U.S. and Canadian energy firms cut the number of oil and natural gas rigs operating to a record low even as higher oil prices prompt some producers to start drilling again. FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, ... Flag as irrelevant
	The New York Times Stock Markets Rise on Recovery Hopes: Live Updates The New York Times The president of the Federal Reserve Bank of Boston said that the Fed had registered 200 banks for its Main Street lending program. Here's what you need to know: Stock markets climb after a turbulent week. Boston Fed's president points to a 'steady stream ... Flag as irrelevant
	Forbes Digital Dollar Project Promotes Federal Reserve Digital Dollar Forbes Anyone nostalgic for the good old days of 2019, or any of the previous 10 years, should check out the Digital Dollar Project's new paper, Exploring a US CBDC [Central Bank Digital Currency]. There's virtually nothing 2020 about the paper. It promotes the ... Flag as irrelevant
	Hollywood Reporter Discovery Global Streaming Head Peter Faricy Stepping Down Hollywood Reporter Avi Saxena, Karen Leever and Lisa Holme will take over his duties, Discovery CEO David Zaslav said Friday. Peter Faricy, who was named in 2018 to head up Discovery's global digital and streaming businesses, is leaving the media group. On Friday ... Flag as irrelevant
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