RTTNews | Jul 23, 2020 04:45PM EDT

04:45 Thursday, July 23, 2020

|BEGINSUB|Asian Shares Mixed As US-China Tensions Escalate|ENDSUB|Asian stocks ended mixed on Thursday as tensions between the U.S. and China escalated sharply after the U.S. ordered the closure of the Chinese consulate in Houston to protect Americans' intellectual property and private information.China vowed to retaliate and said the unilateral closure within a short period of time is an unprecedented escalation of its recent actions against China. Japanese markets were closed for the Marine Day holiday.

|BEGINSUB|European Stocks Fail To Hold Early Gains, Close Mixed|ENDSUB|European stocks turned in a mixed performance on Thursday with investors largely staying cautious and reacting to quarterly earnings reports and other corporate news, in addition to following the developments on geopolitical and coronavirus fronts.

|BEGINSUB|U.S. Stocks Come Under Pressure After Showing A Lack Of Direction In Early Trading|ENDSUB|After showing a lack of direction early in the session, stocks moved sharply lower over the course of the trading day on Thursday. The major averages pulled back firmly into negative territory, with the tech-heavy Nasdaq showing a particularly steep drop.

|BEGINSUB|Stock Alert: Milestone Pharma Spikes On Etripamil Update; $25 Mln Private Placement |ENDSUB|Shares of Milestone Pharmaceuticals Inc. are surging more than 148 percent or $4.96 in Thursday's morning trade at $8.30.

Thursday, Canada-based Milestone Pharmaceuticals said that following recent interactions with the U.S. Food and Drug Administration or FDA, the agency has agreed that the biopharmaceutical companys recently completed NODE-301 and ongoing NODE-301B studies can be used as two efficacy studies supporting a future New Drug Application or NDA submission for etripamil in PSVT.

|BEGINSUB|Royal Bank Of Scotland Is Now NatWest |ENDSUB|Royal Bank of Scotland Group has officially changed its name to Natwest Group, with Chief Executive Alison Rose saying that the name change was a symbolic moment for the bank. The banking group has removed "Scotland" from its name for the first time since it was founded in Edinburgh, Scotland in 1727. Natwest said that the change of name has been registered at Companies House in Edinburgh.

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