JPMorgan Chase & Co reported a 4% rise in third-quarter profit on Tuesday, helped by a surge in trading activity as global financial markets rebounded from a coronavirus-induced slump.
The case of a man in the United States infected twice with COVID-19 shows there is much yet to learn about immune responses and also raises questions over vaccination, scientists said on Tuesday.
BlackRock Inc, the world's largest asset manager, trounced analysts' profit estimates for a fifth straight quarter on Tuesday as the recovery rally in global financial markets boosted asset values and pulled in more investor funds.
Stocks of coronavirus vaccine candidate developers have been on fire this year. If you invested in a balanced portfolio consisting of the five most prominent COVID-19 vaccine developers in the beginning of March, your total holdings would be up 164.68% as of Oct. 9. These includ
Curaleaf Holdings (OTC: CURLF) has had a good year, and it's likely to get better once November rolls around. Shares of the Massachusetts cannabis company are up more than 41% year to date, and Curaleaf posted record revenues last quarter.
(RTTNews) - German stocks fell in cautious trade on Tuesday as a second wave of coronavirus cases in Europe prompted new restrictions in Britain and an advanced stage study of Johnson & Johnson's Covid-19 vaccine candidate was put on hold due to an unexplained illness in a s
Fitch Ratings on Tuesday became the second global agency to assign a rating to an onshore Chinese issuer after its Chinese unit gave Bank of Communications Financial Leasing Co its highest long-term issuer rating.
UK stocks fell on Tuesday as concerns around the timeline of a COVID-19 vaccine and new business curbs hit risk appetite ahead of a self-imposed UK deadline for a Brexit trade deal with the European Union.
Pub owners across England's COVID-19 hotspots were on Tuesday pondering a question that could decide if they survive or sink due to the coronavirus lockdown: when is a pub a pub, and when does it become a restaurant?
Malaysia Airlines is struggling to make payments owed to creditors and lessors amid the coronavirus pandemic that has forced it to slash its operations.
The Mitchelton-Scott team withdrew from the Giro d'Italia on Tuesday after being notified of new positive COVID-19 results from a round of tests conducted over the weekend, race organisers RCS Sport said.
Societe Generale's updated FX forecasts for 2021 recognise that Covid-19 has changed everything. Countries that had been timid about fiscal expansion have embraced it, and the Federal Reserve's aggressive response should mean the dollar is beginning a downward adjustment, now that it's lost its interest rate yield.
Almost two million people living in the Chinese city of Shenzhen signed up for a 10 million (US$1.48 million) digital yuan giveaway over the weekend.
According to reports by AsiaOne, of the 1.91 million residents that put their hands up for the latest test of ChinaâÂÂs sovereign digital currency, only 2.3% of applicants won their free money.
Around 50,000 digital âÂÂred envelopes,â reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday.
The free digital currency is destined to be spent at 3,389 stores set up to handle the electronic means of payment as part of ChinaâÂÂs latest test, and promotion, of its national digital currency.
The Digital Currency Electronic Payment (DCEP), as it is known, has been given no definitive timeline for its launch but giveaway in Shenzhen may signify efforts by ChinaâÂÂs central bank to ratchet up its plans.
One obstacle for obtaining the nationâÂÂs digital yuan requires users to open a digital wallet which has raised concerns over how children and the elderly can participate.
As cited in AsiaOneâÂÂs report, an unidentified user said the digital currency was a âÂÂlitmus testâ for the âÂÂnew economyâ with the potential to unseat the U.S. dollarâÂÂs role as the dominant global currency.
The Indonesian rupiah held steady on Tuesday after the central bank, as expected, kept interest rates unchanged to support the currency's stability, while upbeat Chinese trade figures helped stocks and currencies across the region stage a late recovery.
The European Union will impose duties of up to 48% on imports of aluminium extrusions from China midway through an investigation into whether Chinese producers are selling at unfairly low prices.
(RTTNews) - Asian stocks ended mostly higher on Tuesday as investors remained hopeful that the United States would soon pass a coronavirus relief package.
The Australian dollar fell about 0.5% on Tuesday after reports that China has halted coal imports from the country as their relations deteriorate while the U.S. dollar recovered from a three-week low plumbed the day before.