LONDON (Reuters) – Investors continued to pull out money from European equity funds while adding exposure to U.S. stocks as global markets recovered from the lows hit at the end of May, BofA said on Friday in a research note citing EPFR data for the we…
GSK’s RSV vaccine succeeds in late-stage trial for older adults
LONDON (Reuters) – GSK’s vaccine for respiratory syncytial virus (RSV) was successful in a late-stage trial involving older adults, the company said on Friday. The British drugmaker said it expects to submit regulatory applications for the vaccine in t…
U.S. Capitol riot hearing shows Trump allies, daughter rejected fraud claims
By Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) -The congressional committee investigating the attack on the U.S. Capitol by Donald Trump’s supporters trying to overturn his 2020 election defeat presented testimony on Thursday showing that …
Analysis-Global investment banking faces tougher times after blockbuster year
By Saeed Azhar and Sinéad Carew (Reuters) – A dearth of IPOs, a plunge in stock prices and slowing global economic growth are clouding the outlook for revenue at global investment banks after pandemic spending by governments and central banks fueled a …
Cricket-COVID rules NZ skipper Williamson out of second England test
(Reuters) – New Zealand skipper Kane Williamson will miss the second test against England starting on Friday at Trent Bridge after testing positive for COVID-19 on the eve of the match. Williamson, his country’s best batsman, will begin five days of is…
After veto on North Korea, China says ‘let’s see’ on U.N. action over a nuclear test
By Michelle Nichols UNITED NATIONS (Reuters) – China’s U.N. envoy said on Thursday that Beijing does not want to see North Korea carry out a new nuclear test, which is partly why China vetoed a U.S.-led bid to impose new U.N. sanctions on Pyongyang ove…
U.S. SEC opens probe against Ericsson over 2019 Iraq bribery report
By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson said on Thursday that the U.S. securities regulator has opened an investigation concerning the matters described in the company’s 2019 Iraq investigation report. The Swedish telecom equipment maker sa…
Soccer-Salah, Kerr win PFA Player of the Year awards
LONDON (Reuters) – Liverpool forward Mohamed Salah was named the Professional Footballers’ Association (PFA) Player of the Year for the second time on Thursday and Chelsea’s Sam Kerr took the women’s award. Salah, who shared this season’s Premier Leagu…
State Street denies interest in buying Credit Suisse
By Brenna Hughes Neghaiwi ZURICH (Reuters) -State Street Corp said on Thursday it is not looking to buy Credit Suisse, in its first outright dismissal of a Wednesday morning report that it was seeking a deal. U.S.-listed shares in Credit Suisse were la…
DAZN introduces premium accounts, tightens device rules in Italy
MILAN (Reuters) -Sport streaming app DAZN will introduce a premium subscription and tighten rules on access to its services in Italy as it strives to boost revenue after a multi-billion euro deal to show top soccer games in the country. Backed by billi…