Edition:
United Kingdom

Noor Zainab Hussain

UPDATE 3-COVID-19 vaccine developer CureVac shares more than triple after U.S. debut

14 Aug 2020

Aug 14 Shares of German biotechnology firm CureVac BV soared as much as 222% after their Nasdaq debut on Friday, in the first stock market opening of a company developing a potential vaccine to combat the novel coronavirus.

SoftBank-backed KE Holdings shares surge in New York debut

13 Aug 2020

Shares of SoftBank-backed KE Holdings Inc jumped 75% in their New York debut on Thursday, after the Chinese online real estate broker raised $2.12 billion in its initial public offering that was priced above its earlier target range.

Insured losses from Beirut blast seen around $3 billion - sources

07 Aug 2020

LONDON Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an explosion at the Chinese port of Tianjin in 2015, industry sources and analysts say.

UPDATE 4-Teladoc bets big on online medicine with $18.5 bln Livongo deal

05 Aug 2020

* Deal to create leader in online acute care and chronic care management

Mastercard profit beats estimates as lower costs dull spending hit

30 Jul 2020

Mastercard Inc's quarterly profit beat analyst estimates on Thursday, as lower costs softened the blow from fewer people using the payment processor's cards during the coronavirus pandemic.

UPDATE 3-Mastercard profit beats estimates as lower costs dull spending hit

30 Jul 2020

July 30 Mastercard Inc's quarterly profit beat analyst estimates on Thursday, as lower costs softened the blow from fewer people using the payment processor's cards during the coronavirus pandemic.

Wells Fargo appoints CFO as part of leadership shakeup

21 Jul 2020

Wells Fargo & Co said on Tuesday Mike Santomassimo would replace John Shrewsberry as chief financial officer when he retires in the fall after more than two decades at the firm.

焦点:「パンデミック保険」続々誕生、都市封鎖の売上減もカバー

19 Jul 2020

[10日 ロイター] - 新たなウイルス感染症のパンデミック(世界的大流行)が常態化する可能性に備え、保険会社が新種の商品を生み出している。レストランから映画製作会社、電子商取引企業に至るまで、新たなパンデミックが襲った時に生じる損失をカバーする設計だ。ただ、保険料は安くないかもしれない。

Bank of America profit slumps as heavy loan losses loom

16 Jul 2020

Bank of America Corp saw its profit more than halve in the second quarter as it set aside $5 billion to cover potential loan losses, while warning that it would struggle as long as interest rates stayed low.

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