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Meter readers and back-office roles face cull as virus emergency hits business

Japanese stocks advanced in line with their Wall Street and Asian peers and hit a two-and-a-half-month high on Tuesday, as encouraging early-stage data for a potential coronavirus vaccine boosted hopes for a swift reopening of the global economy.

JDE Peet's Coffee, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise 700 million euros ($764 million) in an initial public offering of shares on the Euronext Amsterdam exchange.

Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supervisory board directors as part of a probe into spying at the bank, three people familiar with the matter said.

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China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to revive deals under a Stock Connect scheme and strengthen overseas ties in the wake of the coronavirus crisis.

China shares rose on Tuesday, tracking gains on the Wall Street, as an early-stage trial for a coronavirus vaccine showed encouraging data, while increasing hopes for an economic recovery also aided sentiment. ** At the midday break, the Shanghai Composite index was up 0.53% at 2,890.56, after opening higher at...

* Also seeking growth in infrastructure, digital bond offerings

The chilly sea off New York’s Long Island has never felt so welcoming — or necessary — as during lockdown

Banks are rejecting applications because of a financial model that uses debt to reduce taxes

If history is any guide, this grim start will haunt new graduates for years to come