13h36 Severstal, one of
Russia's top steelmakers, reported a 39 percent jump in
second-quarter core earnings due to higher steel prices, beating
analysts' forecasts and sparking a jump in the share price.. . .
13h19 Britain's banks and insurers
must plan for a "hard" Brexit in case a transition period is not
in place next March, a senior British regulator said on Thursday
in a warning echoed by Brussels.. . .
13h09 Roche's hopes of
clinching more of the lung cancer treatment market with its
Tecentriq immunotherapy had a major setback on Thursday, when a
trial failed to deliver survival data the Swiss drugmaker needs
to challenge. . .
12h57 World Trade Organization (WTO)
arbitrators will evaluate a U.S. request to impose billions of
dollars worth of sanctions on European products after a final
WTO ruling that found the European Union had made illegal
subsidies. . .
12h52 British retailer Sports Direct
booked an 85.4 million pound ($111.3 million) charge for
a disastrous investment in department store chain Debenhams
, raising questions over its strategy of taking big
stakes in other businesses.. . .
12h11 Britain's biennial Farnborough Airshow
sees Airbus, Boeing and a host of other civil and military
producers set out their wares this week.
Following are top stories from Reuters:
> Airbus. . .
12h00 Ireland's gross domestic product
shrank by 0.6 percent quarter-on-quarter in the first three
months of the year but was 9.1 percent higher than a year ago,
the Central Statistics Office said on Thursday.. . .
11h36 China's Anbang Insurance
Group Co Ltd is looking to offload overseas
properties worth about $10 billion to shore up its balance sheet
as part of a government-backed rescue, three people with
knowledge of the matter. . .
11h27 Volvo Cars
<IPO-VOLVO.ST> is juggling production of its top-selling SUV to
avoid U.S. import tariffs, Chief Executive Hakan Samuelsson told
Reuters on Thursday, as the Swedish carmaker set its sights on a
fifth straight year. . .
11h24 The UK Serious Fraud Office
(SFO) is seeking a retrial of three former Barclays
traders accused of plotting to rig global interest rates after a
jury was unable to reach a verdict last week.. . .
11h16 British retail sales rose the
most in over a decade in the second quarter despite a drop in
spending in June, official data showed on Thursday, giving the
Bank of England some reassurance shoppers. . .
11h10 Earnings updates were the main
focus for investors in British shares on Thursday as the
country's top FTSE 100 index inches higher, although remaining
within recent tight ranges on caution over the outcome of. . .
10h53 Thyssenkrupp should
replace Guido Kerkhoff as chief executive with a new external
candidate, activist investor Elliott Associates told the
company's supervisory board as it pressed its case for a change
of leadership and strategy.. . .
10h19 Russian natural gas producer
Novatek delivered on Thursday the first ever
liquefied natural gas (LNG) cargo to China via the Northern Sea
Route (NSR) alongside the Arctic coast, which drastically cuts
delivery time to. . .
09h48 British engineer Babcock
cut its full-year revenue growth target on Thursday as delays in
government spending on submarines hit its Marine division,
sending its shares down more than 10 percent.. . .
09h11 Sweden's SKF, the
world's biggest maker of industrial bearings, reported a bigger
than expected rise in quarterly operating earnings on Thursday
and forecast higher year-on-year demand for the third quarter,
powered by strong growth in. . .
09h09 SSE Plc, Britain's
second-largest energy supplier, lost more customers in the first
quarter compared with the year-earlier period as smaller
entrants challenge traditional players with aggressive pricing.. . .
09h08 France's Publicis Groupe SA
reported an unexpected drop in second-quarter sales
that caused its shares to fall sharply, pointing to the steep
underperformance of its U.S. healthcare communications business.. . .
08h50 Australian shares edged higher on
Thursday helped buying in financials and material firms, though
broader market gains were checked by generally subdued regional
markets amid trade war worries.. . .
08h00 Once the outcast of European
bond markets, Greece appears firmly on the road to redemption.. . .
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