Shopping centre operator Intu said on Monday it was in talks with its largest shareholder John Whittaker's Peel Group and new investors including Hong Kong-based Link Real Estate Investment Trust to raise funds to shore up its balance sheet.
Shares in biotech company Novacyt, which is launching a coronavirus test, surged on Monday to extend previous big gains made this year on investor hopes it could win regulatory approval for its coronavirus test product.
NMC Health said on Monday it has received two preliminary approaches from private equity firms and that the shareholdings of its co-chair and two other major investors were under a review for inaccurate disclosures.
Dubai's benchmark stock index rose on Monday, led by gains in industrial and financial firms, while Qatar slipped on weakness in shares of the country's top lender, which traded ex-dividend.
China stocks closed higher for a fifth straight session on Monday as workers trickled back to offices and factories after the government eased some restrictions on working, while hopes of steps by
Beijing to support its economy also aided sentiment.
German software company TeamViewer said on Monday it expected revenue and core profit to grow by about a third this year as it targets more higher-paying customers with its remote connectivity products, lifting its shares more than 4%.
Gathered in a German mountain castle last November for an evening retreat that ended with a whiskey-tasting, rebel European Central Bank policymakers and Christine Lagarde, their newly confirmed president, made a pact.
Roche's experimental drug gantenerumab failed to slow cognitive decline in people with a rare inherited form of Alzheimer's disease, the latest setback for companies hunting for a cure for the devastating brain-wasting disease.
Turkey has reduced the range and the levels of fees and commissions that banks can charge clients, according to central bank and banking watchdog regulations announced on Monday.
(RTTNews) - European stocks look set to open on a cautious note on Monday after the head of the World Health Organization said the thousands of coronavirus cases in the Chinese city of Wuhan, the center of the epidemic, is likely "just the tip of the iceberg."
Most emerging Asian currencies firmed on Monday as Chinese authorities lifted some work restrictions and implemented measures to support the economy, though concerns around the virus outbreak persisted due to a mounting death toll.
HONG KONG (Reuters Breakingviews) - The next iPhones will test China’s ability to restart its economy. Apple supplier Foxconn, formally known as Hon Hai Precision Industry, is re-opening a key Chinese plant as authorities ease curbs. But the handset-maker and other com
Three-year-old independent film distributor Neon upstaged the traditional Hollywood studios and streaming giant Netflix Inc on Sunday to grab the coveted best picture Oscar for South Korean have-and-have-nots tale "Parasite."
German software company TeamViewer on Monday posted 46% growth in fourth-quarter core profit and said it expected billings to rise between 430 million euros and 440 million euros($471 million-$482 million) in 2020.
(RTTNews) - Eli Lilly and Company (LLY) said the DIAN-TU Study showed that solanezumab did not meet the primary endpoint. The goal of the phase 2/3 randomized, double-blind, placebo-controlled study was to test potential disease-modifying therapies in individuals at risk for or
(RTTNews) - Carl Zeiss Meditec AG (CZMWF.PK), a German manufacturer of optical systems, reported Monday that its first-quarter earnings per share rose to 0.43 euro from prior year's 0.32 euro.
The Turkish lira rebounded to below 6 against the dollar on Monday, erasing much of Friday's sharp losses, after a regulator cut the limit for Turkish banks' forex swap, spot and forward transactions with foreign entities to 10% of their equity.
(RTTNews) - Genentech, a member of the Roche Group (RHHBY), said that the gantenerumab arm of the Phase II/III DIAN-TU-001 study did not meet its primary endpoint in people who have an early-onset, inherited form of Alzheimer's disease.
Chinese shares snapped a four-session gaining streak on Monday as concerns around the coronavirus outbreak intensified after the death toll crossed 900.