* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr

By Dhara Ranasinghe

LONDON, Aug 6 (Reuters) - Germany’s benchmark 10-year bond yield touched a new one-week high on Thursday as the prospect of fresh bond supply and upbeat data put euro zone bond markets on the back foot.

The 10-year Bund yield touched -0.49% in early trade, its highest level in about a week.

Having fallen to within striking distance of 2-

TOKYO (Reuters) - Japan’s Nintendo Co Ltd on Thursday reported a more than five-fold jump in quarterly profit, driven by breakout demand for its Switch device and hit title “Animal Crossing: New Horizons” as the coronavirus lockdown lifts the games industry.

Nintendo has proved a winner of the pandemic as stuck-at-home gamers flock to titles like “Animal Crossing”, which sold 10.6 million units in the first quarter, bringing its total sales to 22.4 million since

(Reuters) - Insurer Phoenix Group Holdings Plc ( PHNX.L ) on Thursday posted an 11% rise in half-year earnings and raised its 2020 cash generation target as it benefited from a flurry of deals with British companies selling their corporate pension schemes.

British companies have been getting rid of their pension obligations from their balance sheet to gain financial flexibility, with such deals hitting a record in 2019.

Phoenix said the value of such corporate pension scheme deals more than doubled to 1

ROME (Reuters) - Italy is positioning to become an influential shareholder in the broadband operator it plans to create by brokering a merger of Telecom Italia’s (TIM) fixed-line access network with state-controlled Open Fiber, three sources said.

The plan, championed by Economy Minister Roberto Gualtieri from the co-ruling centre-

MEXICO CITY/SANTIAGO (Reuters) - Latin America’s coronavirus crisis is forcing Uber to adopt the taxi model it was meant to drive off the streets of cities from Santiago to Medellin.

Uber’s U-turn has been prompted by a pandemic-linked regulatory clampdown in countries including Chile and Colombia, where the ride-hailing it has

PARIS (Reuters) - French bank Credit Agricole said on Thursday it will seek to reclaim the payments technology it was working on with Wirecard as part of their partnership.

German payments firm Wirecard filed for insolvency in June, owing creditors 4 billion euros ($4.5 billion), after disclosing a 1.9 billion-euro hole in its accounts

BERLIN (Reuters) - Lufthansa ( LHAG.DE ) put German workers on notice of compulsory lay-offs on Thursday, saying tumbling air travel and slow progress in union negotiations meant cuts were unavoidable after it lost 1.7 billion euros ($2 billion) in a single quarter.

The German airline, which secured a 9 billion euro state bailout in June, flew just 4% of prior-year passengers between April and June as a result of the COVID-19 pandemic and expects capacity to increase to

AHMEDABAD, India (Reuters) - Eight COVID-19 patients died in a fire that broke out in the intensive care ward of a private hospital in India’s western city of Ahmedabad early on Thursday, officials said as they launched a probe into the

LONDON (Reuters) - Sterling, which was approaching a five-month high on Wednesday, is expected to lose some of those gains this year amid Brexit and coronavirus fears before recovering in 2021, a Reuters poll found.

The pound registered its biggest monthly rise in more than a decade in July, although its ascent was mainly due to a