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Deutsche Bank hit with $150m fine for compliance lapses with Jeffrey Epstein
Authorities in the US slapped a multi-million dollar fine on Deutsche Bank for not properly monitoring its relationship with convicted sex offender Jeffrey Epstein.
Europe close: Stocks pare losses despite downbeat growth forecasts
Stocks in Europe managed to pare their losses towards the end of trading despite the European Commission downgrading its growth forecasts and the still worrisome headlines around the coronavirus pandemic out of the US.
Coca Cola HBC appoints Naya Kalogeraki as COO
Coca-Cola HBC AG named Naya Kalogeraki to the newly-created role at the firm of chief operating officer.
GSK partners with Canada's Medicago to develop plant-based Covid-19 vaccine
GlaxoSmithKline has teamed up with Canada's Medicago to develop a vaccine which its hopes will be ready for use in the first half of 2021.
Wednesday preview: Chancellor's summer economic update in focus
The focus in financial markets will be on the Chancellor, Rishi Sunak, as he delivers his summer economic update.
US job openings comfortably ahead of forecasts in May, survey shows
Job openings in the US continued to recover in May but remained far below their year earlier levels, the results of a widely-followed survey revealed.
Canaccord hikes target for Intermediate Capital Group, spies bottom in fund flows
Analysts at Canaccord Genuity hiked their target price for shares of Intermediate Capital Group, arguing that investors' focus on losses on the Investment Co. side of the business.
Corvus Pharmaceuticals leaps after launching phase one trial for Covid-19 treatment
Stock in US-based Corvus Pharmaceuticals nearly doubled on Tuesday after announcing its plans to launch an early state clinical trial for an experimental monoclonal antibody to treat Covid-19.
Europe midday: Stocks drop, economic outlook and Covid-19 in focus
Stocks in Europe are coming of their lows of the session despite the European Commission downgraded growth forecasts and the still worrisome headlines around the coronavirus pandemic which were continuing to roll in.
Europe open: Stocks drop as Commission lowers outlook, flags risks
Stocks across Europe were giving back the prior day's gains on Tuesday as the European Commission sounded a note of caution on the economic outlook and still worrisome headlines around the coronavirus pandemic continued to roll in.