Nasdaq News

Government bond yields in the euro area edged up on Wednesday, ahead of a 5 billion euro ($5.64 billion) sale of new 10-year bonds from benchmark issuer Germany.

The yields on super-long Japanese government bonds (JGB) edged up on Wednesday, a day after the Bank of Japan's (BOJ) governor said excessive falls in super-long debt yields are not desirable.

Shares in Japanese generic drug maker Nichi-Iko Pharmaceutical Co, whose products include steroid drug dexamethasone, jumped nearly 5% on Wednesday after trial results showed it helped reduce death rates of COVID-19 patients.

British housebuilder Berkeley Group Holdings has stuck by its commitment to return 280 million pounds ($351.74 million) to shareholders annually and said it would make its next payment in September even as it reported a 35% fall in annual profit.

London's FTSE 100 rose for a second straight day on Wednesday as investors remained optimistic about a post-coronavirus economic recovery, with energy firm SSE Plc jumping after posting an upbeat annual profit.

William Hill said on Wednesday it raised about 224 million pounds ($281.64 million) in a discounted stock sale, sending the British bookmaker's shares down more than 4%.

Abu Dhabi's sovereign wealth fund raised its stake in Spanish mobile phone tower operator Cellnex after it had broken a shareholders pact with the Benetton family and Singapore's sovereign fund last month.

European shares opened higher on Wednesday, with hopes of a swift rebound from a coronavirus-led economic slump gaining traction even as curbs on movement in Beijing were put in place to contain a potential second wave of COVID-19 cases.

Saudi Aramco has completed the acquisition of a 70% stake in petrochemicals company Saudi Basic Industries (SABIC) for $69.1 billion from the PIF sovereign fund and has extended the payment period to 2028, the oil giant said on Wednesday.

Euro zone banks face significant climate-change related risks and must build capacity now to manage these, even if climate issues tend to materialize over longer periods, European Central Bank supervisor Andrea Enria said on Wednesday.

(RTTNews) - European stocks may open flat to slightly lower on Wednesday as investors grapple with rising geopolitical tensions and a new coronavirus outbreak in Beijing.

A recession triggered by the coronavirus pandemic could help accelerate mergers and acquisitions in the bank sector in Europe, the head of Deutsche Bank's wealth management business said in a newspaper interview.

HSBC is resuming a massive redundancy plan it had put on ice following the outbreak of coronavirus, and will cut 35,000 jobs over the medium term, a memo seen by Reuters on Wednesday showed.

(RTTNews) - Ipsen (IPSEY) said that the United States Food and Drug Administration has granted the company Fast Track designation for the investigational use of liposomal irinotecan or ONIVYDE in combination with 5- fluorouracil/leucovorin (5-FU/LV) and oxaliplatin or OX togethe

(RTTNews) - Today's Daily Dose brings you news about Amarin's settlement agreement with Apotex; Annovis Bio's progress in its Alzheimer's drug development program; IDEAYA's deal with GlaxoSmithKline; promising results of Lilly's monarchE study in breast cancer; Neurocrine Biosci

Asian share markets took a cautious turn on Wednesday as a resurgence of global coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records.

South Korea's won and Indian stocks led losses in emerging Asian markets on Wednesday, as a resurgence of coronavirus cases in Beijing and a border clash between China and India unnerved investors.

The yuan eased against a rising dollar on Wednesday, dragged lower by worries over a possible second wave of coronavirus infection in mainland China as Beijing raised its emergency response level overnight following an increase in new cases.

A senior British bank lobbyist has resigned over comments he made in 2008 about businesswoman Amanda Staveley, who arranged billions of pounds of rescue financing for Barclays at the height of the credit crisis when he was at the bank.

Turkey may have to adopt a harder line on social interactions following a worrying jump in coronavirus infections but it has no plans to reverse an easing of lockdown restrictions aimed at reviving the economy, officials say.