Nasdaq News

(RTTNews) - Avon Rubber Plc. (AVON.L) Friday confirmed an award from the U.S. Department of Defense or DoD of a dual source contract to supply replacement M61 filters for the M50 mask system.

South Africa's rand recovered in early trade on Friday, after suffering losses in the previous session as the U.S. dollar strengthened on the Federal Reserve's new strategy to lift growth and inflation.

Royal Schiphol Group, the operator of airports in the Netherlands, said on Friday it will cut several hundred jobs out of a workforce of 3,000 as a result of a loss of traffic amid the coronavirus pandemic.

Britain's Amigo Holdings reported an 83% fall in first- quarter profit and revenue down 32% as payment holidays granted to customers affected by the coronavirus pandemic and a halt on almost all new lending hammered its returns.

(RTTNews) - Walmart Inc. said it is in talks with Microsoft Corp. for the U.S. business of Chinese video-sharing app TikTok, which is facing a ban by U.S. President Donald Trump.

Gatwick Airport, Britain's no.2 airport, said the pandemic had pushed it to a 321 million pound ($426 million) loss in the first six months of 2020 on passenger numbers which collapsed 66%.

Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $100 million to Bangladesh to help the country deal with the COVID-19 pandemic.

Image source: The Motley Fool.

Workers at Indonesia's Grasberg gold and copper mine on Friday ended a protest demanding an easing of a coronavirus lockdown at the mine operated by a local unit of Freeport-McMoran Inc, a workers' representative and the company said.

South Africa's Northam Platinum on Friday posted a 150% rise in full-year earnings, fuelled by higher metals prices, increased sales revenue and a weaker rand currency.

The yen bounced off a two-week low on Friday following news that Prime Minister Shinzo Abe is set to resign, while the dollar struggled to make headway elsewhere as the prospect of low U.S. rates for a long time weighed on the greenback.

China's factory activity likely expanded at a slightly faster pace in August, fuelled by rising infrastructure spending and improving global demand, a Reuters poll showed on Friday, as the Chinese economy continues to recover from the coronavirus crisis.

(RTTNews) - European stocks may open higher on Friday, with banks likely to benefit from a rise in longer-dated Treasury yields after the U.S. Federal Reserve announced a landmark policy shift to allow higher inflation and welcome strong labor markets.

(RTTNews) - Sanofi (SNYNF, SNY), on Friday, said it intends to commence a tender offer to acquire all of the outstanding shares of common stock of Principia Biopharma Inc. for $100 per share in cash, without interest thereon and net of any applicable withholding taxes.

(RTTNews) - Roche (RHHBY) announced the FDA has approved FoundationOne Liquid CDx, Foundation Medicine's pan-tumour liquid biopsy test for patients with solid tumours. FoundationOne Liquid CDx is a genomic profiling test that analyses more than 300 cancer-related genes and multi

Gains in financial stocks lifted Indian shares on Friday, as investors digested the U.S. Federal Reserve's policy shift to focus more on boosting economic growth and worrying less about inflation running too high.

The Indian rupee strengthened to its highest level in more than five months on Friday morning, helped by dollar inflows into the equity markets while gains in Asian peers also aided sentiment.

Full-year earnings of South Africa's Northam Platinum rose 150%, fuelled by higher metals prices, increased sales revenue and a weaker rand currency, the company said on Friday.

Asian currencies edged up on Friday as investors bet that the U.S. Federal Reserve's new strategy to lift inflation and spur growth will keep its interest rates lower for longer, supporting rate differentials with the region's higher-yielding emerging markets.

U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.