BioNTech said Singapore's Temasek and other investors are injecting $250 million into the German biotech firm through a private placement, reflecting heightened investor appetite for promising developers' vaccines against the coronavirus.
A senior member of Lebanon's negotiating team with the International Monetary Fund (IMF) has quit his post as finance ministry director general, telling al-Jadeed TV he had resigned over the way leaders are handling a financial crisis.
(RTTNews) - European stocks were flat to slightly higher Monday against a backdrop of rising coronavirus infections in the U.S. and elsewhere around the world.
It's a cash cliff millions of Americans face this summer as the emergency benefits -- which lifted U.S. consumer incomes by a record 10.8% in April -- expire. The loss of that safety net looms in the weeks ahead, well before a sustained recovery is likely to take hold from the sudden and deep recession brought on by the novel coronavirus.
Bankrupt LATAM Airlines and Avianca Holdings are dramatically retrenching their once grand ambitions amid the COVID-19 pandemic, reducing competition in Latin America as they mull once-unthinkable cooperation with rivals.
The Financial Conduct Authority said on Monday Wirecard was addressing the British watchdog's concerns but its restrictions on the collapsed German payments company's services would remain for now.
Liverpool manager Juergen Klopp has urged supporters of the Premier League champions not to spoil the work done in containing the coronavirus outbreak by gathering in large numbers to celebrate their title victory.
At the start of the year, U.S.-China tensions were easing after their Phase I trade deal, while Washington, Brussels and Tokyo agreed on new global trading rules to curb subsidies. A relative calm had set in.
European stocks look poised to make up ground on Wall Street in the second half of 2020 as Joe Biden consolidates his lead over Donald Trump ahead of the November U.S. presidential election and a surge of new COVID-19 cases threatens the U.S. economic recovery.
(RTTNews) - Nordic Nanovector ASA (NVO) said Monday that the U.S. Food and Drug Administration has granted Fast Track designation for investigating Betalutin for the treatment of adult patients with relapsed or refractory marginal zone lymphoma or MZL who have received at least
Iron ore and gold may seem unlikely bed fellows, but in the current coronavirus pandemic they are combining to try and hold up Australia's reputation as the "lucky country".
Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, Chief Executive Guillaume Faury was quoted on Monday as saying.
The yuan traded sideways on Monday as investors watched for potential flare-ups in Sino-U.S. tensions and the impact of efforts by the Chinese authorities to contain an outbreak of coronavirus cases in Beijing.
(RTTNews) - European stocks are seen opening lower on Monday after two of the largest U.S. states reversed course and reinstated some coronavirus restrictions amid a surge in new infections.
(RTTNews) - Novo Nordisk (NVO) announced the Japanese Ministry of Health, Labour and Welfare has approved Rybelsus for the treatment of adults with type 2 diabetes. It is administered orally once daily and is approved for use in three therapeutic dosages, 3 mg, 7 mg and 14 mg in
Asian share markets began the week with a cautious tone on Monday as the relentless spread of the coronavirus finally made investors question their optimism on the global economy, benefiting safe harbour bonds and crimping oil prices.
South Korean exports likely shrunk for a fourth month but at a slower pace in June due to easing global virus lockdowns and more working days, yet a second wave of infection and Sino-U.S. tension were seen clouding near-term recovery, a poll showed on Monday.
Russia's largest lender Sberbank will not reach its 1 trillion roubles ($14 billion) target for net profit this year because of the coronavirus pandemic, its CEO said in an interview with TASS state news agency published on Monday.
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