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The euro retreated from its two-year high on Tuesday as dollar sales declined before a two-day Federal Reserve meeting, during which investors expect its outlook will be reaffirmed.
Sterling retreated from a four-month high on Tuesday as a broad U.S. dollar rout over the past week ran out of steam with negative news from Brexit negotiations prompting hedge funds to take profits.
(RTTNews) - Asian stocks ended mixed on Tuesday despite a flurry of positive news flow, ranging from hopes about additional fiscal stimulus in the U.S. to the launch of late-stage trials of experimental vaccines against Covid-19.
London's FTSE 100 rose on Tuesday with energy stocks jumping as hopes of more U.S. stimulus to shore up a pandemic-hit economy propped up oil prices, while Card Factory rallied after posting higher sales following the easing of coronavirus lockdowns.
(RTTNews) - Travis Perkins plc (TPK.L) reported a 20% decline in first-half group revenue, reflecting the significant impact of the COVID-19 pandemic and resulting lockdown.
(RTTNews) - British consumer goods giant Reckitt Benckiser plc (RBGLY, RB.L) reported Tuesday that its first-half profit before income tax grew to 1.44 billion pounds from last year's 1.26 billion pounds.
(RTTNews) - AstraZeneca (AZN, AZN.L) announced that high-level results from Farxiga's Phase III DAPA-CKD trial showed a statistically significant and clinically meaningful effect on its primary endpoint of a composite of worsening of renal function or risk of death in adult pati
(RTTNews) - St. James's Place (STJ.L) reported gross inflow of funds for the first half period of £7.3 billion, a decline of 2%, compared to £7.4 billion reported last year. Net inflow of funds of £4.5 billion, was slightly up from the prior year's £4.4 billion, reflecting s
British wealth manager St. James's Place said on Tuesday a recovery in market sentiment after the coronavirus-led market sell-off boosted inflows in the first half of the year, while operating profit fell 10%.
AstraZeneca Plc said on Tuesday its diabetes drug Farxiga met the main goal in a late-stage trial testing the drug's effectiveness in treating patients with chronic kidney disease.
Spain's Bankia on Tuesday said its second quarter net profit fell 76% on extraordinary provisions to offset the potential impact of the coronavirus crisis, while financial margins showed signs of stabilization.
Beijing-based ByteDance said on Tuesday the head of its artificial intelligence lab will leave the company, as its short-video app TikTok faces U.S. scrutiny over security and privacy issues.
Austrian bank BAWAG Group's pre-tax profit halved in the second quarter as it took precautionary measures to prepare for the fallout of the coronavirus pandemic.
(RTTNews) - Rexel (RXLSF.PK), a French distributor of electrical supplies, reported that its net loss for the first half was 439.8 million euros compared to net income of 163.3 million euros in the prior year.
French private equity firm Eurazeo has invested $33 million in Thought Machine, a British-based fintec company founded in 2014 by former Google engineer Paul Taylor which has set up software systems for banks.
Mukesh Ambani's Reliance Industries Ltd will pay between 240 billion and 270 billion rupees ($3.2-$3.6 billion) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources familiar with details of the deal.
(RTTNews) - French automaker Peugeot S.A. or Groupe PSA (PEUGF.PK) reported Tuesday that its first-half net profit group share was 595 million euros, down from 1.83 billion euros a year ago.