Bloomberg Pain is likely to come down fast and hard for any European company that doesn’t deliver this earnings season. At least, that’s the early read from a handful of names among the ones that have reported so far. Online-only fashion retailer Asos Plc saw almost a fifth of its market value wiped out in a single day on weaker …

Bloomberg Asia’s two biggest economies are showing some signs of getting to grips with problems that weighed on their financial markets in the first half of the year, and that may bode well for their equities. That’s the view of UBS Global Wealth Management and Aberdeen Standard Investments Ltd, which cite encouraging earnings growth in China and a pickup in …

Bloomberg Oil declined the most this week since March as a resurgence of Covid-19 threatened the outlook for global fuel consumption in the near-term. Futures in New York edged up but settled 3.7% lower for the week. The rapidly spreading delta variant is triggering renewed restrictions on movement as it sweeps across the globe. The UK is considering stricter measures …