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Annexon shares fall on clinical trial update
Biopharma firm's stock declines after dosing pause in phase 2 trial for ANX005. Shares down 12% in midday trade.
India's net direct tax revenue rises 23% to 8.1 trillion rupees
Fiscal receipts exceed expectations as corporate and income tax collections drive growth in the world's fifth-largest economy.
Crescent Capital BDC posts Q2 2026 NAV decline despite fee cuts
Management fee reductions failed to offset a 4.2% drop in net asset value for the business development company in the second quarter of 2026.
BTG Pactual posts record Q2 2026 profit, ROAE jumps to 26.7%
Brazilian investment bank reports highest-ever quarterly net income, lifting return on average equity to 26.7% as revenue growth outpaces costs.
U.S. auto loan debt hits record $1.6 trillion in Q2
Total outstanding auto loans rose to a new high as higher vehicle prices and longer loan terms offset rising interest rates.
German EV sales rise as fuel prices jump amid Iran tensions
Electric vehicle registrations in Germany increased 20% in May as gasoline and diesel costs hit record highs, driven by Middle East supply concerns.
US energy firms' earnings meet forecasts, revenue beats estimates
Major U.S. energy companies reported quarterly results that matched profit expectations while revenue exceeded analyst projections, supported by stable oil prices and operational efficiency gains.
Russia's trade surplus falls to $12.46 billion in June
Monthly surplus declines from May as exports and imports adjust under sanctions and global market shifts.
Citi sees silver rallying to $90 on surging investment demand
Analysts at Citi project silver prices could nearly double to $90 per ounce as physical and ETF demand outpaces supply constraints.
Brazil’s central bank says inflation still driven by demand despite rate hikes
Monetary tightening has yet to fully curb price pressures, central bank survey shows demand remains primary inflation driver.
Bicara Therapeutics names new CEO, appoints CFO
Biotech firm Bicara Therapeutics appoints interim CEO and a new chief financial officer to strengthen leadership amid growth phase.
Maria Shevchuk to keynote Platform Global conference in France
Ukrainian tech entrepreneur and investor Maria Shevchuk will deliver a keynote address at the Platform Global conference in Paris next month.
Eli Lilly to deploy Veeva Vault CRM globally
Pharmaceutical giant Eli Lilly selects Veeva Systems' cloud-based CRM platform to standardize commercial operations across international markets.
Public firms tap bitcoin-backed loans for acquisitions, capex
Institutional adoption of bitcoin-backed lending rises as companies secure funding without liquidating holdings, according to Two Prime.
Huya shares drop on weak guidance despite narrower loss
Chinese live-streaming platform reports improved quarterly results but issues cautious revenue outlook, sending shares lower.
U.S. 10-year yield hits 2024 high as long bond demand weakens
Benchmark Treasury yield rises above 4.5% as investors reassess demand for long-duration debt amid shifting rate expectations.
U.S. CPI data may fuel dovish Fed expectations
Wednesday's inflation print could shift market bets on Federal Reserve policy, with softer-than-expected data potentially accelerating rate-cut timelines.
UK approves Eli Lilly’s oral weight-loss pill orforglipron
Medicines regulator grants approval for Eli Lilly’s oral GLP-1 therapy, marking the first non-injectable alternative in the UK’s obesity treatment market.
Johnson Matthey shareholders approve special dividend, share split
Special dividend of 150p per share approved alongside a 5-for-1 share consolidation to streamline capital structure.
Hannover Re posts strong H1 2026 results, affirms 2026 targets
German reinsurer Hannover Re reported robust first-half 2026 earnings, citing underwriting discipline and investment performance as key drivers. The company reaffirmed its full-year 2026 financial targets.
U.S. fuel sales to Cuban businesses expand market access
Shipments mark a rare commercial bridge between the two nations amid ongoing embargo restrictions. Havana’s private sector sees incremental supply gains.
Salzgitter swings to H1 2026 profit, HKM deal in focus
German steelmaker Salzgitter reports earnings rebound in first half of 2026, with turnaround aided by restructuring and HKM acquisition integration.
German yields rise to Aug. 3 high on energy-driven inflation fears
Benchmark 10-year Bund yields hit their highest level since early August as surging energy prices fuel concerns over persistent inflation in Europe.
Octave posts $2.1bn impairment, Q2 revenue falls
Specialty insurer Octave reports a sharp drop in quarterly revenue and a $2.1 billion non-cash impairment charge, citing market conditions.