(RTTNews) - Today's Daily Dose brings you news about AC Immune's progress in Alzheimer's vaccine, Cediprof selecting Lannett as its new distribution partner for thyroid drug, and Merck's upcoming regulatory catalyst.
Swedish bank Swedbank on Friday reported a smaller-than-expected fall in net profit for the second quarter as increased lending and deposit-taking helped offset the impact of the coronavirus pandemic.
Nordea Bank reported a 66% fall in second-quarter operating profit on Friday, hit by an increase in loan-loss provisions due to the coronavirus pandemic.
Surges in coronavirus infections are slowing a recovery in fuel use from the doldrums of lockdowns in the United States and other countries, raising concern it could be years before consumption rebounds from the impact of the pandemic.
French bank Natixis will merge its commodities and infrastructure operations to focus on clean energy in a restructuring sources said was accelerated by a series of loss-making loans to oil traders.
The dollar held onto gains against most currencies on Friday as worries that a resurgence in the coronavirus is starting to curb economic activity drew safe-haven flows into the U.S. currency.
The yuan edged down on Friday as the Chinese stock market gave up more gains from a week-long rally on worries that Beijing may start to scale back policy support and as Washington ramped up political pressure amid worsening U.S-Sino relations.
Twitter Inc said late on Thursday that hackers targeted about 130 accounts during the cyber attack this week, an incident in which profiles of many prominent personalities and organizations were compromised.
The central Chinese city of Wuhan and the provinces of Anhui, Jiangxi and Zhejiang declared red alerts on Friday as heavy rain threatened to swell rivers and lakes and bring more disruption across the countryside and to global commerce.
Hong Kong's Cathay Pacific Airways Ltd expects a first-half net loss of HK$9.9 billion ($1.3 billion), including impairment charges on 16 planes, the airline said on Friday, as the coronavirus pandemic crushed travel demand.
(RTTNews) - The Thai stock market moved lower again on Thursday, one day after ending the two-day slide in which it had fallen more than 20 points or 1.7 percent. The Stock Exchange of Thailand now rests just beneath the 1,350-point plateau and it may take further damage again o
Oil prices were unchanged on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several countries just as major producers get set to loosen production curbs.
(RTTNews) - The Indonesia stock market bounced higher again on Thursday, one day after it had ended the two-day winning streak in which it had picked up almost 50 points or 1 percent. The Jakarta Composite Index now rests just beneath the 5,100-point plateau although it may run
(RTTNews) - The Japanese stock market slipped into negative territory on Friday after opening higher despite the weak cues overnight from Wall Street on worse-than-expected weekly jobless claims data.
Pandion Therapeutics, a Phase 1 biotech developing engineered T cells for autoimmune diseases, raised $135 million by offering a further upsized 7.5 million shares at $18, the high end of the $16 to $18 range.
The company originally filed to offer 5.5 million shares, before incre
Thailand's central bank said monetary policy should remain accommodative for some time to support an economy hit by the coronavirus pandemic and help inflation return to target.
(RTTNews) - The Australian stock market has pared initial gains after rising on Friday despite the weak cues overnight from Wall Street on worse-than-expected weekly jobless claims data. Investors remained cautious amid the rising number of coronavirus cases worldwide.
(RTTNews) - Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) reported that its second-quarter pilbara iron ore shipments was 86.7 million tonnes on 100% basis, up 1% from last year, despite the impact of COVID-19 related operational controls.
Restaurant chain Ootoya Holdings said it would oppose a takeover offer from its top shareholder, Colowide Co, turning the bid into the Japan's latest hostile deal.
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