Nasdaq News

Global stocks hit five-week highs on Monday led by China's post-holiday surge as investors bet on a steady recovery for the world's no. 2 economy, but worries about rising COVID-19 infections capped gains in Europe and the United States.

Turkey's central bank said on Monday the country's current account deficit in August widened to $4.631 billion.

(RTTNews) - Petrofac Limited (POFCF.PK, PFC.L) announced Monday the appointment of Sami Iskander as Deputy Chief Executive on November 1. Following a short transition period, he will assume the role of Group Chief Executive from January 1, 2021, at which time he will also be app

(RTTNews) - Takeda Pharmaceutical Company Limited (TAK), on Monday, said interim analysis from its ongoing phase IIIb open-label extension study of subcutaneous Entyvio in adults with moderately to severely active Ulcerative Colitis suggest that the benefits associated with the

The board of Finnish engineering firm Neles said it recommends shareholders accept buyout offer from Alfa Laval, saying it does not have enough details on Valmet merger offer to make "a meaningful comparison".

The customers of software group SAP are suffering severe declines in revenue and earnings while at the same time facing intensifying pressure to hike IT spending to go digital, a survey showed on Monday.

(RTTNews) - AstraZeneca Plc. (AZN.L, AZN) announced Monday that its long-acting antibody or LAAB combination, AZD7442, will advance into two Phase III clinical trials for the prevention of COVID-19.

(RTTNews) - GVC Holdings Plc (GMVHY.PK, GMVHF.PK) has been awarded four sports-betting licences in Germany. The German regulator issued licences for the bwin, SportingBet, Ladbrokes and Gamebookers brands to offer sports-betting products. The licences have been issued with immed

The Bank of England asked banks on Monday for information about their readiness for zero or negative interest rates, following up on its announcement last month that it was considering how to take rates below zero if needed.

Deckers Outdoor stock (NYSE: DECK) faces near term pressure. The stock is up 35% YTD while the S&P is flat. YTD Revenues are flat and the company’s valuation looks high with limited growth prospects. Revenues are expected to be down for the rest of the year, despite a st

 

We believe that ViacomCBS stock (NASDAQ: VIAC) may be a decent opportunity at the present time. VIAC trades at $29 currently and is, in fact, down 29% so far this year (from $41 at the beginning of 2020). It traded at $35 in February 2020 – just before the coronavirus pandem

The coronavirus crisis and Anadarko’s acquisition have been weighing on Occidental Petroleum’s stock (NYSE: OXY) since the beginning of the year. With the stock down by a staggering 76%, is it the right time to take a closer look? The company’s cash position deteriorated

China's exports likely posted a fourth straight month of gains in September as more trading partners reopened their economies, a Reuters poll showed, while imports are also expected to have edged back into growth.

General Motors Co's (GM) vehicle sales in China grew 12% over July-September versus the same period a year earlier, the Detroit automaker's first Chinese quarterly sales growth in two years.

BP and its partners have started production from the Block 61 Ghazeer natural gas field in Oman, several months ahead of initial plans, BP said in a statement.

Short selling has declined this year as hedge funds ditch bets against a relentless, stimulus-driven stock market rally, prompting a drop in income for asset managers and brokers involved in such trades.

Turkey's current account is expected to record a deficit of $4.6 billion in August, when the trade deficit surged, a Reuters poll showed on Thursday, as a sharp downturn in tourism contributed to widening estimates for the year-end deficit.

China International Capital Corp Ltd (CICC), the country's oldest investment bank, will kick off its Shanghai public share sale on Wednesday, seeking to raise an estimated $1 billion for expansion.

The Australian and New Zealand dollars were lower on Monday, reversing some of the previous week's gains as China moved to facilitate shorts on the yuan and as negotiation on a U.S. stimulus package ran into resistance.