Nasdaq News

UK-based mall operator Intu is asking its banks to waive existing debt covenants and will seek support from the government's coronavirus emergency schemes, the company said on Thursday, as it reported a collapse in rent payments by tenants.

Australian companies have fired the starting gun on an expected slew of capital raisings with A$1.1 billion ($650.43 million) worth of new shares sold in the past two days amid global financial market volatility.

Swedish mining gear and metal-cutting tools maker Sandvik on Thursday launched large cost-cutting measures in response to the rapid global spread of the coronavirus and said it would reduce its proposed dividend for 2019.

British aerospace engineer Senior Plc said it was scrapping its dividend to save cash to deal with the expected impact of the coronavirus crisis on demand from its customers, including planemaker Boeing.

(RTTNews) - AstraZeneca plc (AZN.L, AZN) said the company's Lokelma has been approved in Japan for the treatment of patients with hyperkalaemia. The company noted that Lokelma is the first innovative non-resin potassium binder to be approved in Japan. The approval was based on p

The cost of swapping yen into dollars remains elevated in part due to signs that large Japanese government pension funds are planning to increase purchases of overseas bonds as they rebalance their portfolios.

(RTTNews) - Pfeiffer Vacuum Technology (PFFVF.PK, PVTCY.PK), a manufacturer of vacuum solutions, reported Thursday that its fiscal 2019 net income declined 29.8 percent to 48.4 million euros from previous year's 68.9 million euros. Earnings per share fell to 4.90 euros from last

German consumer morale deteriorated sharply heading into April to hit its lowest level since 2009, a survey showed on Thursday, suggesting that the coronavirus pandemic is putting the brakes on household spending in Europe's largest economy.

The Kenyan shilling strengthened on Thursday due to receding dollar demand from retailers and manufacturers amid slowing economic activity due to the new coronavirus outbreak, traders said.

(RTTNews) - Manz AG said its Management Board believes that the company will be able to generate profitable growth in 2020 and expects a slight to moderate increase in revenues compared to 2019 and a positive EBIT margin in the low single-digit percentage range.

Activist fund Amber Capital stepped up pressure on French media company Lagardere on Thursday, saying it would look to change the firm's supervisory board and urging it to review its strategy.

India's central bank and major lenders are considering shutting down most branches across the country to prevent tens of thousands of employees from getting infected with the coronavirus, four sources familiar with the plan told Reuters.

A representative body for airlines based in Britain has written to its transport minister seeking industry-specific tax and air traffic fee holidays to help survive a coronavirus pandemic that has brought air travel to a standstill.

Japanese apparel maker Renown Inc said the company's top executives were voted out of its board on Thursday by China's Shandong Ruyi, its parent company.

A weaker dollar helped most emerging Asian currencies notch tepid gains on Thursday, though sentiment remained fragile as lockdowns and growth downgrades in the face of the coronavirus pandemic worsened the economic outlook for the region.

Image source: The Motley Fool.

Singapore's central bank said on Thursday it will provide up to $60 billion of U.S. dollar funding to the city-state's banks as part of a previously announced swap facility with the U.S. Federal Reserve.

(RTTNews) - Thermo Fisher Scientific Inc. (TMO) said that it has received the CE mark in the European Union for its diagnostic test to detect nucleic acid from SARS-CoV-2, the virus that causes COVID-19.

The uncanny stability of China's yuan in global markets that have been battered by the coronavirus pandemic betrays domestic concerns about investor sentiment and possible capital outflows.

Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, will allow investing up to 31% in foreign bonds by widening permissible range of deviation from the allocation target, two sources familiar with the matter said.