China’s Xi warns of rising risks as party charts course for five years
Chinese President Xi Jinping, commenting on the ruling Communist Party’s recommendations for the next five years, said on Tuesday said the country faces a significant increase in risks.
BNP Paribas profits boosted by trading boom
A surge in currency and commodity trading in the third quarter helped to put BNP Paribas BNPP.PA on track to beat its earnings guidance for 2020 despite a squeeze on margins...
Futures rebound more than 1% with focus on White House race
U.S. stock index futures bounced on Monday after Wall Street recorded its steepest weekly loss since March as investors geared up for an event-packed week starting with the U.S....
Oil falls 3% on fuel demand concerns as Europe widens COVID-19 lockdowns
Oil prices fell more than 3% on Monday on worries that widening coronavirus lockdowns across Europe will weaken fuel demand, and as traders braced for turbulence during the U.S....
Under Armour expects demand for sneakers, face masks to drive annual revenue
Under Armour Inc UA.NUAA.N forecast its annual revenue above Wall Street expectations on Friday, as a pandemic-driven trend to exercise outdoors resulted in a surge in demand for running shoes and...
Exxon posts third straight loss as pandemic hits demand, prices
Exxon Mobil Corp XOM.N posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major reels from the COVID-19 pandemic's impact on energy...
Fidelity Digital Assets Expands Crypto Custody Service to Asia
The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming up with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia.
Repsol edges back to net profit in third quarter but cuts spending further
Spanish oil and gas group Repsol reported a 7 million euro ($8.27 million) adjusted net profit for the third quarter on Thursday as crude prices recovered, edging back into...
ECB keeps policy unchanged but signals easing in December
The European Central Bank left policy unchanged on Thursday, resisting pressure to unveil more stimulus amid a new wave of the pandemic, but provided the clearest hint yet of...
Iberdrola calls for EU funds to expand green hydrogen work in Spain
Spanish energy giant Iberdrola IBE.MC called on Wednesday for European funds to support boosting by a factor of 40 the scope of a clean hydrogen project it said could help revive...
