Nasdaq News

People under 20 are around half as susceptible to COVID-19 as people aged 20 or above, according to research published on Tuesday, and clinical symptoms of the pandemic disease appear in only about a fifth of infections in children and teens.

Euro zone bank stocks may have never been cheaper, but many long-term investors remain deeply wary of a sector labelled the ultimate 'value trap' after a decade of scandals and underperformance since the financial crisis.

UK shares jumped on Tuesday after the U.S. Federal Reserve's move to expand its purchase of corporate bonds to contain the fallout from the COVID-19 pandemic eased liquidity concerns and boosted hopes of a global economic recovery.

Major bourses in the Gulf rebounded on Tuesday, taking a cue from oil prices as hopes for further cuts in crude supplies outweighed concerns that a resurgence of new coronavirus infections around the world could hamper fuel demand.

AstraZeneca's potential coronavirus vaccine is likely to provide protection against contracting COVID-19 for about a year, the company's chief executive told a Belgian radio station on Tuesday.

The Indian army said on Tuesday one of its officers and two soldiers were killed in a "violent faceoff" on the contested border with China, the first such incident in decades between the nuclear-armed neighbours.

Most Americans do not trust social media companies to make the right decisions about what should be allowed on their platforms, but trust the government even less to make those choices, according to a poll released on Tuesday by Gallup and the Knight Foundation.

Sweden's Ericsson has almost doubled its global forecast for 5G mobile subscriptions to 190 million by the end of this year, due to faster than expected uptake in China.

Switzerland-based seed and crop protection company Syngenta has chosen Brazil as the initial market for a new digital agriculture services platform intended to make local grain growers more competitive, a Syngenta executive told Reuters.

Spain is considering imposing a quarantine on visitors from Britain when it re-opens its borders next week, Spain's Foreign Minister said, in response to a similar policy introduced last week for travellers to Britain.

Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc, said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.

The dollar slipped and riskier currencies rallied on Tuesday as the U.S. Federal Reserve prepared to start its corporate bond buying scheme, while a report flagging the possibility of more fiscal stimulus helped to underpin investor sentiment.

China shares ended higher on Tuesday, with sentiment lifted by confidence in Beijing's capability to control the latest resurgence of coronavirus cases and expectations of bilateral Sino-U.S. talks. ** At the close, the Shanghai Composite index was up 1.44% at 2,931.75, posting its biggest daily gain in more than two weeks. ** The blue-chip CSI300 index was up 1.51%, with its financial sector sub-index higher by 1.04%. The consumer staples sector rose 1.03%, the real estate index was up 1.22% and the healthcare sub-index gained 2.43%. ** The smaller Shenzhen index ended up 1.77% and the start-up board ChiNext Composite index gained 1.84%. ** After weeks with almost no new coronavirus infections, Beijing has recorded some 106 new cases since June 11.[nB9N28T020] ** But investors showed confidence this time that Beijing is capable of putting the latest resurgence under control, as the government is now more experienced in handling the outbreak, said Zhang Qi, an analyst at Haitong Securities. ** Also lifting sentiment, Mainland China reported 40 new confirmed coronavirus cases for June 15, down from 49 a day earlier, according to the National Health Commission. [nB9N28T020] ** The A-shares were also helped by reports on expected meetings between the U.S. Secretary of State Mike Pompeo and China's state councillor Yang Jiechi this week to discuss bilateral ties that have soured deeply since the start of the year. [nL1N2DS24Q] ** Around the region, MSCI's Asia ex-Japan stock index was firmer by 2.78%, while Japan's Nikkei index closed up 4.88%. ** At 0701 GMT, the yuan was quoted at 7.0771 per U.S. dollar, 0.16% firmer than the previous close of 7.0888. (Reporting by Cheng Leng in Beijing, Luoyan Liu and Andrew Galbraith in Shanghai; Editing by Amy Caren Daniel) ((cheng.leng@thomsonreuters.com; +8610-5669-2129;)) nAZN00GQXU

Scientists at Imperial College London will start the first clinical trials of a potential COVID-19 vaccine this week with more than 45 million pounds ($56.50 million) in backing from the British government and philanthropic donors.

Swedish engineering group Sandvik has given layoff notices to 429 staff in Sweden in its specialty steel unit, Materials Technology (SMT), it said in a statement on Tuesday.

Japanese stocks jumped on Tuesday, with the Nikkei gaining the most in nearly three months, after central banks in the United States and Japan offered measures to support corporate finances.

HONG KONG (Reuters Breakingviews) - The largest buyout of a U.S-listed Chinese company looks like an easy sale. A group including private equity firms Warburg Pincus and General Atlantic is leading an $8.7 billion deal for classifieds site 58.com. The 20% premium is dece

Israel has signed with Moderna Inc for the future purchase of its potential COVID-19 vaccine should the company succeed in its development, Israel's Channel 13 news reported on Tuesday.

Societe Generale's Australian securities business faces restrictions on new customers if it does not comply with new licensing conditions related to client money laws, Australia's corporate regulator said on Monday.

Switzerland's economy will shrink by 6.2% in 2020, the government said on Tuesday, the worst downturn in more than 40 years, as the country grapples with the consequences of the coronavirus pandemic.