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.. . .
13h26 Chinese policymakers are
pumping more liquidity into the financial system and channelling
credit to small and medium-sized firms, and Beijing looks set to
further loosen monetary conditions to mitigate threats to growth
from a heated. . .
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.. . .
13h12 Chicago soybean futures eased
slightly on Thursday amid a strengthening dollar as the market
stepped back from the previous session's near one-week top,
though demand for U.S. beans kept a floor under the market.. . .
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. . .
said on Thursday that around 90 percent of creditors
for several subsidiaries supported an agreement to hold off debt
claims for three years, an important step in restructuring the
scandal-hit South African retailer.. . .
13h00 One of General
Electric Co's largest and most valuable customers, Saudi
Arabia, is lining up competitors to bid against GE for lucrative
power plant work, according to five people familiar with the
situation.. . .
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.. . .
12h50 U.S. President Donald Trump
thanked two major drug companies on Thursday for not raising
their prices and said his administration was working toward
substantially cutting prescription-drug prices.. . .
12h36 Saudi Aramco <IPO-ARAM.SE> said
on Thursday it is looking to buy a strategic stake in Saudi
petrochemical maker SABIC, a move that could boost the
state oil giant's market valuation ahead of a planned. . .
12h17 Singapore marked its highest close in
over three weeks on Thursday and Malaysia extended gains into a
ninth session as positive earnings from Wall Street and the
Federal Reserve chairman's view on the U.S.. . .
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. . .
12h06 Gold prices sank to a fresh
one-year low on Thursday as the dollar powered higher following
comments from U.S. Federal Reserve chairman Jerome Powell which
reaffirmed expectations for more interest rate rises in the
world's. . .
12h00 North Korean leader Kim Jong Un’s strident
rebukes of officials during recent trips to industrial sites
were aimed at rallying support at home for his economic drive
and convincing outsiders about his willingness to. . .
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.. . .
12h00 Swiss regulators are
stepping up efforts to halt an exodus of cryptocurrency projects
from the country, after two of only a handful of banks active in
the nascent sector shut their doors on it. . .
11h43 Britain's Barclays on Thursday
appointed Darren Campili as vice chairman of healthcare banking,
effective from towards the end of the summer.. . .
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