A Covid-19 vaccine developed by Pfizer and German biotech company BioNTech showed promise, said the companies.

Hopes of a Covid-19 vaccine pulled European stocks from losses earlier on Wednesday after fears of a no-deal Brexit and anxieties relating to the Euro(...)

Shell said lower prices would lead to post-tax, non-cash impairment charges of $15 billion to $22 billion in the second quarter

Royal Dutch Shell will slash up to $22 billion (€19 billion) from the value of its assets as the oil major warned coronavirus would deal a lasting blo(...)

Wall Street stocks are poised to record the best quarter in more than two decades amid a broad rally in global markets.

Wall Street stocks are poised to record the best quarter in more than two decades amid a broad rally in global markets ignited by a barrage of central(...)

European shares closed higher on Friday, with defensive plays leading gains as investors remained hopeful that a massive stimulus package will soon be(...)

Company is also undertaking a review of its projects that could result in some oil discoveries being left in the ground.

BP will write down the value of its business by as much as $17.5 billion (€15.5bn), as the British oil major predicts that the coronavirus pandemic wi(...)

Banks were among the biggest losers, with AIB tumbling 8.94 per cent to €1.14 while Bank of Ireland declined 7.81 per cent to €1.86. Photograph: Peter Muhly/AFP

Banks and oil companies led European stocks lower on Tuesday as investors turned wary ahead of the US Federal Reserve’s policy meeting. DUBLIN The I(...)

Stay-at-home stocks such as video conferencing platform Zoom Video Communications fell in value after surging during lockdowns. Photograph: Albert Gea/Reuters

European shares pulled back from three-month highs on Monday, with losses in technology and healthcare stocks halting a recent rally on hopes of a pos(...)

British energy giant BP announced plans to axe ‘close to 10,000 jobs’. Photograph: Paul Ellis/AFP via Getty

BP will cut about 15 per cent of its workforce in response to the coronavirus crisis and as part of chief executive Bernard Looney’s plan to shift the(...)

Photograph: iStock

The stock rally that’s been fed by bets on a speedy economic recovery from the pandemic paused for breath on Thursday as US futures struggled alongsid(...)

TUI Group, Europe’s biggest travel company, jumped 8.5% on a new compensation and delivery deal struck with US-based Boeing. Photograph: Peter Byrne/PA Wire

European shares rallied on Wednesday, with insurers jumping after France’s Axa said it would pay a dividend, while improving global economic data spur(...)

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