×

Wires

  • HOUSTON _ Helix Energy Solutions Group Inc. on Sunday reported a loss of $6.4 million in its second quarter. On a per-share basis, the Houston- based company said it had a loss of 4 cents. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 4 cents per share.

  • AMSTERDAM _ Koninklijke Philips NV on Monday reported second-quarter profit of $274.9 million. The Amsterdam- based company said it had net income of 30 cents per share. Keywords: Royal Philips, Earnings Report.

  • LONDON, July 24- Sterling edged up against the euro on Monday, recovering from its worst week against the single currency in nine months and its lowest levels this year, as the euro dipped on weak German manufacturing data. The pound lost more than 2.5 percent against the euro last week, hitting an eight-month low of 89.94 pence on Friday, as the single currency...

  • *Oil dips again as producers meet in St Petersburg. LONDON, July 24- The euro hit a 23- month high on Monday against an ailing dollar, weighing on shares of European exporters before weaker-than-expected German business activity took the shine off the single currency. The euro touched $1.1684 in Asian trade before pulling back to trade at $1.1648, down 0.2 percent...

  • LONDON— A closely watched survey shows that economic activity across the 19- country eurozone cooled slightly in July but remains at relatively high levels historically. Financial information firm IHS Markit says its headline purchasing managers' index for the region fell to a six-month low of 55.8 points in July from 56.3 the previous month.

  • HONG KONG, July 24- Hong Kong shares rose to two-year highs on Monday, resuming their rally after a brief pause last week, helped by consumer and technology stocks. Gaming business Galaxy Entertainment and builder CK Infrastructure Holdings were among the index's biggest gainers, up 4 percent and 3.7 percent respectively. Auto maker and retailer Geely...

  • *STOXX 600 down 0.1 pct. *Julius Baer jumps on biggest inflows since fin crisis. LONDON, July 24- European shares dipped on Monday with the autos sector hitting its lowest level this year after anti-trust regulators opened an investigation into regional carmakers while price war worries hurt airlines.

  • *Excess capacity seen in Spain, Italy, Portugal. DUBLIN, July 24- Ryanair warned rivals on Monday that it may cut its fares in late summer by as much as 9 percent from last year, triggering a share sell-off by investors concerned about the impact on profitability. Europe's largest airline by passenger numbers, Ryanair has helped drive down short-haul ticket prices...

  • SINGAPORE, July 24- Glencore's global head of liquefied natural gas, Gordon Waters, has left the commodity trading and mining company, two sources with knowledge of the matter said on Monday. Waters, based in Singapore and who joined Glencore in July 2015 after 18 years at oil and gas major BP, resigned early last week, one of the sources with direct knowledge of the...

  • May@ BEIJING, July 24- China's gasoline exports to North Korea fell in June from a year earlier, but still jumped nearly 60 percent from the previous month, official data showed on Monday. China's total fuel exports in June were worth $5.5 million, up from $3.4 million in May, but down from $8.6 million in April, according to Reuters calculations based on customs data.

  • *Spot gold may peak around resistance at $1,261 per- technicals. BENGALURU, July 24- Gold prices were steady after hitting a four-week high on Monday, supported by political uncertainty in the United States and as the dollar remained near its lowest in 13 months. "I think people are getting more nervous and careful about what is going to happen," said Yuichi Ikemizu,...

  • Her case was revealed Monday at an AIDS conference in Paris, where researchers also gave encouraging results from tests of shots every month or two instead of daily pills to treat HIV. Anthony Fauci, said of the prospects for long-acting drugs. She was in a study sponsored by the agency Fauci heads, the National Institute of Allergy and Infectious Diseases, that...

  • The Achilles heel for us is drug resistance because the virus is incredibly quick to mutate, " Linda-Gail Bekker, deputy director of the Desmond Tutu HIV Centre in South Africa, said. Bekker is also president of the International AIDS Society, which organised the conference in Paris where the latest clinical results were presented. Both companies garnered fresh...

  • FRANKFURT, July 24- German auto stocks took a hit in early Monday trading, weighed down by uncertainty over possible antitrust fines after European regulators said they were investigating allegations that carmakers were operating a cartel. The European Commission said on Saturday that European Union antitrust regulators had received a tip-off about...

  • LONDON, July 24- Euro zone bond yields nudged up on Monday as an upward revision to economic growth forecasts from the International Monetary Fund highlighted a strengthening economy that could encourage the ECB to step back from its ultra-loose monetary policy. It shaved its forecasts for U.S. economic growth and cut its 2017 GDP forecast for Britain.

  • *Smog from Indonesia forest fires sometimes hits neighbours. JAKARTA, July 24- Indonesia's environment minister said on Monday she wants to make permanent a moratorium on issuing new licences to use land designated as primary forest and peatland. Indonesia is prone to outbreaks of forest fires during dry seasons, often blamed on the draining of peatland...

  • *Smog from Indonesia forest fires sometimes hits neighbors. JAKARTA, July 24- Indonesia's environment minister said on Monday she wants to make permanent a moratorium on issuing new licenses to use land designated as primary forest and peatland. Indonesia is prone to outbreaks of forest fires during dry seasons, often blamed on the draining of peatland...

  • MELBOURNE, July 24- London copper was marking time near its highest since early March on Monday ahead of the release of a spate of global manufacturing reports, underpinned supply. *LME COPPER: London Metal Exchange copper was trading down 0.1 percent at $5996.50 a tonne, as of 0734 GMT, following a 0.8 percent gain in the previous session when prices reached $6,051,...

  • LONDON, July 24- The dollar fell to a 13- month low against a trade-weighted basket of currencies on Monday, weighed down by softening U.S. Speculative "short" bets against the U.S. dollar reached the highest since February 2013 last week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.

  • TOKYO, July 24- Japan's Mitsubishi Tanabe Pharma Corp is acquiring Israeli drug maker Neuroderm for $1.1 billion in cash as part of a strategy to grow its business in the United States. The Japanese drugmaker said in a statement on Monday it would leverage Neuroderm's Parkinson's disease drug product that has commenced clinical trials in the United States and...