Sterling edged lower on Thursday against both the U.S. dollar and the euro as a combination of business activity data and the risk of sub-zero interest rates weighed on the pound.
Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries couldn't stop oil prices from marching to a 2-1/2 month high.
(RTTNews) - German stocks fell sharply on Thursday amid rising U.S.-China tensions after
U.S. President Donald Trump said China's incompetence was responsible for "mass worldwide killing."
China said on Thursday it supports improving the system and mechanism related to the constitution and basic law of Hong Kong and Macau, in comments likely to stir concern that it could take measures to tighten its grip on Hong Kong.
Britain's economy flattened out a bit this month from its nosedive in April caused by the coronavirus lockdown, but it remains in the grip of a severe contraction, a business survey showed on Thursday.
Rwanda's economic growth is expected to slow to 2% this year from 9.4% in 2019 as the COVID-19 pandemic hits performance in tourism, transport and hospitality, its finance minister said on Thursday.
Airlines should stick to ticket price guidelines issued by India's civil aviation ministry when they restart some domestic flights, two months after air travel was halted to fight the novel coronavirus, the ministry said on Thursday.
The U.S. government has ordered 300 million doses of a potential COVID-19 virus being developed by AstraZeneca and Oxford University and hopes first doses can be made available by October, the Department of Health and Human Services said on Thursday.
(RTTNews) - Shares of Chinese mobile internet company Cheetah Mobile Inc. (CMCM) have surged $0.98 or 47.34% on Wednesday, before closing at $3.05. The company has announced a special cash dividend of $1.44 per ADS or $0.14 per ordinary share.
Macquarie Group's banking unit sold A$750 million ($492.30 million) worth of new subordinated bonds at 2.90% over benchmark rates on Thursday, a tighter margin that previously offered, according to one of the banks managing the deal.
London-listed stocks headed lower on Thursday as a plunge in Japanese exports dulled optimism around a speedy recovery from a coronavirus-induced economic slump, with investors also sifting through another mixed bag of quarterly earnings reports.
Read it whichever way you want it – things are bad but hey, there will be more stimulus. Lockdowns are easing so economic activity, including the battered airline and leisure industry, will get a boost. U.S. China tensions are flaring, but maybe it’s pre-election posturing?
China stocks ended lower on Thursday, hurt by tech players, on news that U.S. regulators are open to making changes to close a possible loophole in a new rule aimed at curbing global chip sales to Chinese firm Huawei Technologies Ltd [HWT.UL].
The devastating impact of the coronavirus on the euro zone economy abated a little this month as some government-imposed lockdown measures introduced to contain the spread of the virus were eased, a survey showed.
Italy's biggest insurer Assicurazioni Generali said on Thursday it expected a "resilient" operating profit in 2020 but below last year's level due to the impact of the COVID-19 pandemic.
Premier Inn owner Whitbread on Thursday set out plans to raise 1.01 billion pounds ($1.23 billion) through a rights issue as it looks to bolster its balance sheet amid the coronavirus crisis, which caused a 28.4% plunge in annual earnings.
British insurer Aviva's life new business sales rose by 28% to 12.3 billion pounds ($15 billion)in the first quarter, helped by strong bulk annuity saies, and it estimated it would pay 160 million pounds in coronavirus-related claims.
(RTTNews) - easyJet Plc (ESYJY.PK, EZJ.L) said the company will be returning to flying in the middle of June. The initial schedule will comprise mainly domestic flying in the UK and France. The airline will announce further routes over the coming weeks.