Nasdaq News

Britain's FTSE 100 index is seen opening 116 points higher at 6,697 on Monday, according to financial bookmakers, with futures up 2.15% ahead of cash markets open.

South African President Cyril Ramaphosa said on Monday that "focused discussions" would be needed between the government and trade unions on ways to slow the rate at which public sector wages are growing.

Ninety One, the asset management arm of South Africa-based banking group Investec, said it was pressing ahead with its listing on March 16, despite the recent sell off in markets sparked by the spread of coronavirus.

(RTTNews) - Merck said the National Medical Products Administration of China has approved ERBITUX for the first-line treatment of patients with recurrent and/or metastatic squamous cell carcinoma of the head and neck in combination with platinum-based therapy with fluorouracil.

(RTTNews) - German Cloud and ICT provider QSC AG (QSCGF) Monday reported that fiscal 2019 consolidated net income was 73.5 million euros, including charges related to the sale of Plusnet and new planning. EBITDA was 140.3 million euros.

Satellite operator SES cut its core profit and revenue forecasts for 2020 on Monday, citing a projected slowdown in its video and networks divisions.

British regulators have criticized Deutsche Bank's anti-money laundering and compliance controls, warning that the bank's access to the UK market was at risk after withdrawal from the European Union, the Financial Times reported on Monday.

Nike's European headquarters in the Netherlands will be closed on Monday and Tuesday after an employee was infected with the coronavirus.

Japanese government bond prices fell on Monday as domestic share prices bounced back after a statement from Bank of Japan Governor Haruhiko Kuroda raised hopes of a globally coordinated action to support financial markets.

Turkish manufacturing activity expanded for the second straight month to its strongest level in two years, a business survey showed on Monday, with solid rises in new orders and output expansion.

Capitulation? Perhaps.

Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavirus outbreak.

Nokia Chief Executive Rajeev Suri will step down in September and is to be replaced by Pekka Lundmark, until now the CEO of energy group Fortum, the telecoms equipment maker said on Monday.

Finland's Nokia on Monday appointed Pekka Lundmark, until now the CEO of energy group Fortum, as its new chief executive starting from Sept. 1, 2020, the telecoms equipment maker said.

Nike's will close its European headquarters in the Netherlands on Monday and Tuesday after an employee was infected with the coronavirus, Dutch news agency ANP said.

(RTTNews) - European stocks are likely to open higher on Monday after entering deeper into correction territory last week on coronavirus-related concerns.

(RTTNews) - Nokia Corp. (NOK) said its Board has appointed Pekka Lundmark as President and Chief Executive Officer. Lundmark is currently President and CEO of Fortum, a energy company based in Finland. The appointment is expected to be effective on September 1, 2020.

British regulators have criticized Deutsche Bank's anti-money laundering and compliance controls, warning that the bank's access to the UK market was at risk after withdrawal from the European Union, the Financial Times reported on Monday.

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.

Britain's FTSE 100 index is seen opening 116 points higher at 6,697 on Monday, according to financial bookmakers.