Full List Of Stories
Sberbank hails launch of first 'take and go' shop in Moscow
Sberbank hailed the successful launch of its pilot 'Take&Go' store, alongside retailer Azbuka Vkusa and Visa, at Moscow City's Federation Tower.
Europe close: Shares hammered as investors mull risk of slower recovery
Stocks were pummeled after the US Federal Reserve forecast a prolonged recovery the night before and on the back of rising Covid-19 case numbers in the States even as some investors fretted about a potential second wave in the pandemic.
Deutsche Bank ups targets for miners, positive on Chinese growth
Analysts at Deutsche Bank hiked their target prices for a raft of miners on Thursday, despite what it termed the "clear risks and uncertainties" around Covid-19 and the outlook for global demand.
US wholesale inflation continues to move lower in May
Factory gate inflation in the States surprised to the upside last month, boosted by increases in the cost of food and energy, but the underlying trend continued to point downwards.
Weekly US jobless claims continue to retreat
The number of Americans filing for unemployment claims continued to fall back last week.
US Treasury's Mnuchin backs calls for fourth stimulus package
US Treasury Secretary backed calls for further fiscal stimulus which he credited with having already saved at least 50m jobs.
DIW says German GDP may drop by over 9% in 2020
The euro area's largest economy may be set for an even sharper contraction than was already feared if the latest forecasts from research institute DIW are anything to go by.
Friday preview: UK GDP, US consumer confidence in focus
The focus at the end of the week will be on the UK with the latest reading on gross domestic product potentially set to make for worrisome reading.
Europe midday: Stocks remain lower, banks and travel names pace losses
Stocks across the Continent are still trading sharply lower after the US Federal Reserve forecast a prolonged recovery the night before and on the back of rising Covid-19 case numbers in Florida and Texas even as some investors fretted about a potential second wave in the pandemic.
Grifols starts production of blood plasma treatment for Covid-19
Spain's Grifols has begun production of its hyperimmune globulin, the first treatment specifically designed for use against SARS-CoV-2.
Europe open: Stocks drop amid worries of second Covid-19 wave
Stocks across the Continent are down sharply following the release of the US central bank's latest economic projections overnight and on the back of rising Covid-19 case numbers in Florida and Texas even as some investors fretted about a potential second wave in the pandemic and the tally for infections in the US climbed past the 2. 0m person mark.
Federal Reserve digs in for prolonged recovery
The US Federal Reserve expects the labour market recovery from the Covid-19 pandemic to be a very drawn out process, requiring an equally prolonged period of low interest rates.
BioNTech to get 100m euro to support Covid-19 vaccine programme
BioNTech has inked a €100m euro financing deal with the European Investment Bank to support its Covid-19 vaccine programme, BNT162, and in order to ramp up its production capabilities.
Eli Lilly Covid-19 treatments may be ready by September
Two antibody therapies for Covid-19 from Eli Lilly now undergoing testing may be authorised for use as soon as September - if all goes well.