Nasdaq News

(RTTNews) - Novartis (NVS) announced the launch of first-of-its-kind not-for-profit portfolio of medicines for symptomatic treatment of COVID-19.

Chinese state-owned pharmaceutical company Sinopharm has begun Phase III clinical trials of a COVID-19 vaccine in the emirate of Abu Dhabi using around 15,000 volunteers, the Abu Dhabi government media office said on Thursday.

The Indonesian rupiah retreated on Thursday after central bank officials cut interest rates by another quarter point, while the Thai baht sank following the surprise departure of its finance minister in an Asian morning marked by a dramatic dive in Chinese shares.

The U.S. dollar strengthened on Thursday as investors focused on poor Chinese retail sales instead of its stronger than expected economic growth last quarter, with the focus now shifting more to a European Union summit this weekend.

Europe's top court on Thursday rejected a key EU tool used to transfer Europeans' personal data across the Atlantic for commercial use but upheld the validity of another tool used by hundreds of thousands of companies to transfer data worldwide.

South Africa's government has committed to secure funds for the overhaul of struggling state-owned South African Airways (SAA), the public enterprises and finance ministries said in a letter to the airline's administrators seen by Reuters.

(RTTNews) - French automaker Peugeot S.A. or Groupe PSA (PEUGF.PK) reported Thursday that worldwide sales volume for the first half declined 45.7 percent to 1.03 million units from last year's 1.90 million units.

The Russian rouble weakened on Thursday as concern over deteriorating relations between the United States and China weighed on risk assets and oil prices eased away from three-week highs.

(RTTNews) - Anglo American plc (AAUKY.PK, AAL.L) reported Thursday that its second-quarter rough diamond production decreased 54 percent to 3.5 million carats from last year's 7.7 million carrats, primarily due to the Covid-19 lockdowns.

HONG KONG (Reuters Breakingviews) - China has avoided a recession, but debt problems are piling up. Output rose 3.2% year-on-year in the three months to June, following last quarter’s record contraction. Investment still looks tepid, employers are shedding jobs, and re

Swedish medical equipment maker Getinge reported on Thursday a jump in core profit and order intake in the second quarter as demand for ventilators and other life support equipment surged due to the pandemic.

European passenger car sales slumped in June compared to a year ago but showed an improvement since May with the easing of coronavirus lockdown measures across the region, industry data showed on Thursday.

Turkish state banks have doubled their short foreign currency positions in six weeks to $8.3 billion to help defend the lira, their largest direct intervention for years, according to four banking sources and industry data.

Husqvarna, the world's biggest maker of gardening power tools, said on Thursday it would gradually increase investments again as it reported quarterly profit and sales that matched preliminary figures.

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Thursday that quarterly net profit surged 81% to a record level on robust orders for advanced chips.

(RTTNews) - Swiss luxury goods group Compagnie Financiere Richemont AG (CFRUY.PK) reported Thursday that its first-quarter total sales fell 47 percent to 1.99 billion euros from 3.74 billion euros, hurt by strong impact from Covid-19 pandemic. Sales for the quarter was down by 4

British driver Katherine Legge will have surgery on her left leg following a crash in testing ahead of this weekend's European Le Mans Series opener in Le Castellet, France, the 40-year-old said on Thursday.

France's Alstom, which has agreed to buy Bombardier's transport unit, reported on Thursday a slump of 27% in first-quarter sales as coronavirus lockdown measures slowed rolling stock sales recognition while a traffic decline hit its services and signalling division.

With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick in near-term inflation could give the central bank's Monetary Policy Committee reason to pause for now.

Online classifieds group Adevinta sees its performance picking up faster than expected after taking a hit from the COVID-19 pandemic, the Norwegian company said on Thursday.