European stocks post first monthly drop since March amid fears of a second coronavirus wave
European equities closed out the month in negative territory on Friday, as investors digested corporate earnings and economic data.
CNBC Europe
BNP Paribas posts profit beat and steps up loss provisions amid the pandemic
The results beat expectations as analysts had forecast 1.48 billion euros in net income.
UK PM Boris Johnson postpones easing of coronavirus lockdown measures in England
The move comes after the government imposed restrictions across swathes of northern England following a rise in the rate of transmissions.
Euro zone GDP plunged by a record 12.1% in the second quarter
The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from the region's statistics office.
Nokia posts surprise second-quarter profit jump as new CEO takes the helm
Nokia saw its profits rise 22% to 316 million euros ($376 million) in the second quarter despite quarterly revenues falling 11% to 5 billion euros.
Watch live: World Health Organization holds press conference on the coronavirus outbreak
TikTok to give creators over $2 billion in the next 3 years as it takes on Instagram and YouTube
TikTok plans to give high-profile creators over $2 billion in the next three years as it wages war on Instagram and YouTube.
Shell's second-quarter profit slumps 82% on coronavirus hit to oil prices, energy demand
Analysts had warned that "Big Oil" companies were likely to report "horrendous" second-quarter results.
'We don't know': AstraZeneca CEO says 'unpredictable' coronavirus may require annual vaccinations
The British firm is just one company working on a potential coronavirus vaccine.
Credit Suisse reports 24% rise in net profit as it merges its investment banking units
Credit Suisse reported a 24% jump in net income from a year ago, despite a "challenging economic environment."
Summer quarantine policies will create a 'rollercoaster effect' for airlines, Wizz Air CEO says
Quarantine policies in Europe will have a "rollercoaster effect", the chief executive officer of Wizz Air told CNBC.
Elon Musk says DeepMind is his 'top concern' when it comes to A.I.
The Tesla and SpaceX boss made his comments on DeepMind in an interview with The New York Times.
Barclays posts profit slide as the firm sets aside another £1.6 billion for coronavirus-related loan losses
Barclays has increased its coronavirus-related provisions in the first half of the year.
Fintech unicorn TransferWise sees valuation climb to $5 billion
TransferWise employees and early investors sold some of their stake in a $319 million secondary deal.
Watch live: White House coronavirus advisor Dr. Anthony Fauci interviewed by Reuters
Reuters international news agency is interviewing Dr. Anthony Fauci, a member of the White House coronavirus task force, as the nation struggles to contain the coronavirus outbreak.
Turkish lira falls to a fresh record low against the euro amid investor selling, sanctions risk
The lira's drop comes despite aggressive dollar selling in the billions by Turkish state banks to prop it up.
Euro zone banks could 'face difficulties' if economic crisis deepens, ECB supervisory chief warns
In a separate announcement Tuesday, the ECB asked European lenders not to pay dividends and not to buy back shares until January 2021.
Google is building a huge undersea fiber-optic cable to connect the U.S. to Britain and Spain
Google's new Grace Hopper fiber-optic cable will run from New York to Bude in the U.K. and Bilbao in Spain.
Income inequality will likely get worse due to the virus. This is what governments could do about it
As the situation deteriorates for low skilled and self-employed workers, international organizations expect income inequality to get worse in 2020 due to the coronavirus' crisis.
How firms are keeping staff and secrets safe from hackers now everyone is working remotely
Security chiefs from McLaren, Revolut, and Facebook explained what they're doing to keep their companies safe during the lockdown.
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