Nasdaq News

(RTTNews) - AstraZeneca plc (AZN.L, AZN) reported profit before tax of $1.55 billion for the year ended 31 December 2019 compared to $1.99 billion, previous year. Earnings per $0.25 ordinary share was $1.03, a decline of 40% (44% at CER). Core operating profit was $6.44 billion,

Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest.

Leaning on its SARS experience, Hong Kong's Cathay Pacific Airways Ltd has slashed flights, asked staff to take unpaid leave and is re-assessing its fleet as it battles an epidemic and a crisis of morale after pro-democracy protests.

China's ByteDance, the owner of video-sharing app TikTok, will appoint an executive to exclusively lead its nascent gaming business, sources said, signalling its growth ambitions in the sector and an intensifying rivalry with tech giant Tencent.

(RTTNews) - Shares of furniture retailer Wayfair Inc. (W) were down $13.52 or 14.13% on Thursday after reports that the company is cutting jobs. The stock closed the day's trade at $82.16.

AstraZeneca expects 2020 revenue growth in the high single-digit to low double-digit percentages, including a hit it now expects from the coronavirus outbreak in China, its second biggest market, the British drugmaker said on Friday.

Wirecard reported another set of predictably strong quarterly results on Friday as the Munich-based payments company reiterated its guidance for core profits to grow by 34% this year.

Nordic IT services provider TietoEVRY reported a rise in fourth-quarter sales and underlying profits on Friday, helped by the $1.5 billion takeover of EVRY businesses, which was finalised in early December.

(RTTNews) - Groupe Renault (RNSDY.PK, RNSDF.PK, RNT.L) reported a net loss, Group share, of 141 million euros for fiscal 2019 compared to profit of 3.30 billion euros, prior year. Group operating income declined to 2.10 billion euros from 2.99 billion euros. Net income was at 19

Royal Bank of Scotland reported a better than expected pre-tax profit of 4.2 billion pounds($5.48 billion)on Friday, as chief executive Alison Rose set out a new strategy including a planned renaming of the taxpayer-backed group to its biggest brand NatWest.

(RTTNews) - Kirin Holdings Co. Ltd. (KNBWF.PK, KNBWY.PK), a Japanese manufacturer of alcohol beverages and soft drinks, reported Friday that its profit attributable to owners of the company for the full year fell 63.7 percent to 59.6 billion yen from 164.2 billion yen last year.

India's Supreme Court slammed mobile carriers on Friday for non-payment of billions of dollars in government dues and threatened them with contempt proceedings if they didn't pay up by March 17.

Turkey's central bank said on Friday the country's current account deficit in December widened to $2.798 billion. The figure is less than a Reuters forecast for a deficit of $3.05 billion.

Kenya's health minister celebrated the delivery of a CT scanner at a large county hospital, telling journalists that sick patients could now be diagnosed locally.

(RTTNews) - European stocks may open a tad higher on Friday after the death toll from coronavirus epidemic rose to 1,483 in China, but the number of new infections in hard-hit Hubei province fell.

(RTTNews) - Roche (RHHBY) said the China National Medical Products Administration has approved Tecentriq in combination with chemotherapy for the first-line treatment of patients with extensive-stage small cell lung cancer. The company noted that approval in China comes less tha

Asian shares inched higher on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epidemic.

Elevator maker Schindler on Friday reported 2019 profit that beat expectations and said it expects 2020 sales to grow by up to 5% despite the coronavirus outbreak in China and beyond which it concedes will hit operations and results.

Indonesia's trade deficit is likely to have widened in January, with both exports and imports remaining weak at the start of the year, a Reuters poll showed.

Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.