(RTTNews) - German stocks edged up slightly on Monday even as the latest data indicated the coronavirus infection rate was rising again after loosening restrictions.
European shares climbed on Monday as investors clung to signs that more countries were restarting their economies and looked past reports of a pick-up in new coronavirus cases.
(RTTNews) - Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) Monday said the sales in the month of April continued to fall sharply due to Coronavirus crisis.
Shares in British bicycles and car parts retailer Halfords soared as much as 26% on Monday, boosted by the government's announcement that people should consider cycling to work as the coronavirus lockdown is eased.
London's FTSE 100 rose for a fourth straight session on Monday, as investors pinned their hopes on a revival in business activity with Prime Minister Boris Johnson outlining plans to gradually ease some coronavirus-induced lockdown measures.
Abu Dhabi has announced a 20% refund on annual commercial property leases for restaurants and for tourism and entertainment facilities, state news agency WAM reported on Monday.
Concerns that extended factory lockdowns and social distancing rules will dent company profits prompted analysts to cut forecasts for Asian companies' 2020 earnings by around 5.4% over the last month, Refinitiv data showed.
(RTTNews) - Asian stocks ended broadly higher on Monday as hopes of reopening of economies and signs of a slowing coronavirus death rate in some of the world's worst-hit countries helped investors shrug off a staggering jump in U.S. job losses.
Hopes of a quicker economic recovery buoyed emerging-market stocks and currencies on Monday as more countries lifted lockdowns imposed on businesses to curb the spread of the novel coronavirus.
New bank lending in China fell less than expected in April from the previous month while growth of broad money supply quickened, as the central bank ramped up policy support for the coronavirus-ravaged economy.
Swedish telecom equipment maker Ericsson said on Monday it will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously as a consequence of the novel coronavirus pandemic.
British Prime Minister Boris Johnson will on Monday give details of how to get the economy back to work, after his attempt to plot a nuanced exit from the coronavirus lockdown prompted confusion, opposition and even satire across the United Kingdom.
The European Union's banking watchdog should have barred its executive director from becoming the head of a banking lobby, the bloc's ombudsman said on Monday.
China warned on Monday that it will take countermeasures in response to a U.S. decision to tighten visa terms for Chinese journalists and urged the United States to immediately "correct its mistake".
(RTTNews) - AstraZeneca Plc (AZN.L, AZN) announced Monday that the U.S. Food and Drug Administration has granted Enhertu (trastuzumab deruxtecan) Breakthrough Therapy Designation or BTD in the US.
(RTTNews) - AstraZeneca (AZN.L, AZN) said the company has completed a previously announced agreement to recover the global rights to brazikumab, a monoclonal antibody targeting IL23, from Allergan. Under the termination deal, Allergan will fund up to an agreed amount, estimated
AngloGold Ashanti reported improved first-quarter cash flow on Monday but said it had lost 11,000 ounces of production because of coronavirus-related stoppages at its operations.
Japanese government bond prices dipped on Monday, with the benchmark 10-year yield rising into positive territory for the first time in more than two weeks, as hopes of re-openings of economies in many countries undercut the attraction of bonds.
(RTTNews) - AstraZeneca Plc (AZN.L, AZN) and MSD Inc. announced that Lynparza?(olaparib) has been approved in the US as 1st-line maintenance treatment in combination with bevacizumab for HRD-positive advanced ovarian cancer. Following the approval for Lynparza in the US, AstraZe
Most emerging Asian currencies firmed on Monday, with the Taiwan dollar leading the pack, as more countries moved towards easing coronavirus-related restrictions even though the threat of a new wave of infections loomed.