Commerzbank on Wednesday reported a 21% fall in second-quarter net profit to 220 million euros ($259.7 million) on the back of a sharp increase in loan loss provisions.
The Bank of England will announce its latest monetary policy decision before the opening bell on Thursday as the U.K. navigates an emergence from lockdown measures and crucial Brexit talks with the EU.
Meghan, the Duchess of Sussex, has won a court battle to keep the names of five of her friends private for the time being as part of her legal action against a British tabloid, PA Media reported.
U.S. Secretary of Health and Human Services Alex Azar will visit Taiwan in coming days, his office said on Tuesday, making the highest-level visit by a U.S. official in four decades — a move that angered China.
German insurer Allianz on Wednesday posted a 29% fall in net profit in the second quarter from a year earlier, as the coronavirus pandemic slows business.
German logistics group Deutsche Post AG reported a bigger rise in second-quarter operating profit on Wednesday than when it originally published preliminary figures last month.
Sony shares are sitting at their highest level since June 2001, despite a dip on Wednesday. Analysts expect further upside as the company prepares to launch PlayStation 5 games consoles.
The election was twice postponed this year because of the coronavirus, but government and election officials said the country was in a better position now after a series of lockdowns.
Taiwan appears to be distancing itself from China in recent months, as military activities around the island intensify amid heightened U.S.-China tensions and the coronavirus pandemic.
The three largest Singapore-listed banks are expected to report another quarter of lackluster financial results due to the coronavirus pandemic and ultra-low interest rates globally.
Senior U.S. and Chinese officials will review the implementation of the phase one trade deal and likely air mutual grievances due to growing tensions in an August 15 video conference, sources told Reuters.
Virgin Atlantic Airways is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on Tuesday.
The SEC's probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.