Gathered in a German mountain castle last November for an evening retreat that ended with a whiskey-tasting, rebel European Central Bank policymakers and Christine Lagarde, their newly confirmed president, made a pact.
Roche's experimental drug gantenerumab failed to slow cognitive decline in people with a rare inherited form of Alzheimer's disease, the latest setback for companies hunting for a cure for the devastating brain-wasting disease.
Turkey has reduced the range and the levels of fees and commissions that banks can charge clients, according to central bank and banking watchdog regulations announced on Monday.
(RTTNews) - European stocks look set to open on a cautious note on Monday after the head of the World Health Organization said the thousands of coronavirus cases in the Chinese city of Wuhan, the center of the epidemic, is likely "just the tip of the iceberg."
Most emerging Asian currencies firmed on Monday as Chinese authorities lifted some work restrictions and implemented measures to support the economy, though concerns around the virus outbreak persisted due to a mounting death toll.
HONG KONG (Reuters Breakingviews) - The next iPhones will test China’s ability to restart its economy. Apple supplier Foxconn, formally known as Hon Hai Precision Industry, is re-opening a key Chinese plant as authorities ease curbs. But the handset-maker and other com
Three-year-old independent film distributor Neon upstaged the traditional Hollywood studios and streaming giant Netflix Inc on Sunday to grab the coveted best picture Oscar for South Korean have-and-have-nots tale "Parasite."
German software company TeamViewer on Monday posted 46% growth in fourth-quarter core profit and said it expected billings to rise between 430 million euros and 440 million euros($471 million-$482 million) in 2020.
(RTTNews) - Eli Lilly and Company (LLY) said the DIAN-TU Study showed that solanezumab did not meet the primary endpoint. The goal of the phase 2/3 randomized, double-blind, placebo-controlled study was to test potential disease-modifying therapies in individuals at risk for or
(RTTNews) - Carl Zeiss Meditec AG (CZMWF.PK), a German manufacturer of optical systems, reported Monday that its first-quarter earnings per share rose to 0.43 euro from prior year's 0.32 euro.
The Turkish lira rebounded to below 6 against the dollar on Monday, erasing much of Friday's sharp losses, after a regulator cut the limit for Turkish banks' forex swap, spot and forward transactions with foreign entities to 10% of their equity.
(RTTNews) - Genentech, a member of the Roche Group (RHHBY), said that the gantenerumab arm of the Phase II/III DIAN-TU-001 study did not meet its primary endpoint in people who have an early-onset, inherited form of Alzheimer's disease.
Chinese shares snapped a four-session gaining streak on Monday as concerns around the coronavirus outbreak intensified after the death toll crossed 900.
An Australian antitrust investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG denied acting with "impropriety" when presented with communications between the regulator and informants' lawyers.
(RTTNews) - Tech Data Corp. (TECD) announced late Sunday that Bangalore, India-based Inflow Technologies has exercised its right to withdraw from closing its acquisition by Tech Data.
Samsung Electronics, the world's top smartphone maker, gave a glimpse of new square-shaped foldable phones in a surprise TV commercial aired during the Academy Awards on Sunday.
Japanese government bond prices gained on Monday as worries about the coronavirus epidemic supported perceived safe haven assets, despite an effective cut in the Bank of Japan's buying in long-dated bonds.
(RTTNews) - Indian shares followed their Asian peers lower on Monday as the death toll from the coronavirus outbreak surpassed the SARS epidemic, prompting Goldman Sachs to cut its Q1CY20 real GDP growth forecast for China to 4 percent from 5.6 percent earlier.
Asian currencies lifted a little on Monday amid some early signs that the spread of the coronavirus epidemic could be slowing down and as some big businesses resumed work in China after the Lunar New Year holiday.