Sanofi and Regeneron Pharmaceuticals Inc have expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment to patients outside the United States.
Australia's FAR Ltd on Monday said it had failed to secure debt to fund its Sangomar project in Senegal, citing adverse market conditions and a plunge in global oil prices amid the coronavirus pandemic.
ABB became the latest company to warn about the impact of the coronavirus on its profits, with the Swiss engineering group on Monday saying all of its businesses would suffer in the first quarter.
Gold prices edged lower on Monday as a flight to cash to cover losses in equities overshadowed measures by global central banks to contain the economic fallout from the coronavirus epidemic.
HONG KONG (Reuters Breakingviews) - American investment banks have finally got what they wanted. After tortuous journeys, Goldman Sachs and Morgan Stanley join JPMorgan with approvals to take majority control of Chinese ventures. It’s an incremental concession at a pre
Asian shares slipped on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies despite central banks' best efforts.
China's Geely Automobile Holdings Ltd said on Monday lower sales drove its 2019 net profit down 35%, as China's overall auto market suffered a prolonged slump last year.
The Turkish lira weakened 0.4% against the dollar on Monday as the number of coronavirus cases surged in Turkey and the mounting fears about the length of a global shutdown over the virus hit markets across the globe.
Asia's top refiner China Petroleum Chemical Corp, or Sinopec, expects that its full-year 2020 refining runs will be lower than in 2019 because of a contraction in Chinese fuel demand caused by the coronavirus outbreak.
(RTTNews) - Indian shares may open sharply lower on Monday as the coronavirus crisis deepened. The countrywide tally of confirmed coronavirus cases crossed the 1,000-mark and the death toll reached 27 on Sunday even as the central and state governments try hard to check the spre
(RTTNews) - CARBO Ceramics has initiated voluntary chapter 11 process in the U.S. Bankruptcy Court for the Southern District of Texas to facilitate ownership change and recapitalization, with financing commitment.
China may issue new policies to stimulate demand for automobiles, with the country's auto industry still facing difficulties, Xin Guobin, vice minister of industry and information technology, said on Monday.
(RTTNews) - The Thai stock market has finished higher in four straight sessions, gathering almost 75 points or 7.3 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,100-point plateau although investors may cash in on Monday.
Asian shares slid on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies despite central banks' best efforts.
Asia's top refiner China Petroleum & Chemical Corp, or Sinopec, said the coronavirus outbreak has had a severe impact on first quarter production and operations.
Australia's Qantas Airways Ltd said on Monday that pilots had voted in favour of a pay deal that would pave the way for the airline to fly the world's longest non-stop commercial flights from Sydney to London.
India's Reliance Industries Ltd is seeking to sell some April-loading crude cargoes in a rare move as it plans to cut crude processing after the coronavirus pandemic hit global fuel demand, four sources said on Friday.
Two Indian refiners declared force majeure on crude purchases from the Middle East on Friday after fuel demand plummeted due to a nationwide lockdown to stem the spread of coronavirus and the companies' tanks are full, sources said.