SHANGHAI Chinese shares fell on Tuesday, as Beijing scrambled once again to prop up a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy.
People walk under a logo of Toyota Motor Corp at the company's showroom in Tokyo, Japan, May 8, 2015. Image: YUYA SHINO REUTERS.
BP's second-quarter profit slumped by nearly two thirds from a year ago as it grappled with lower crude prices and took a huge $10.8 billion charge related to the 2010 Gulf of Mexico oil spill.
Baidu Baidu reported results for its June quarter after the close of trading yesterday that were mostly in-line however guidance for the September quarter was a bit lower than Wall Street was expecting.
The French pharmaceutical giant Sanofi will pay at least $1.7 billion to enter a new collaboration with Regeneron Pharmaceuticals, this one aimed at developing drugs that harness the body's immune system to fight cancer.