Reuters Company News

* Macy's gains as reopened stores perform better than expected

* Plan aims for carbon neutral airplane by 2035 (Recasts, adds details)

Gilead Sciences Inc's antiviral drug, remdesivir, prevented lung disease in macaque monkeys infected with the new coronavirus, a study published in medical journal Nature showed on Tuesday.

Thai Airways has asked German and Swiss courts to protect its planes, deposit accounts and other assets overseas from creditors, a government spokeswoman said.

U.S. luxury jeweler Tiffany & Co said on Tuesday it had received antitrust clearances from Mexican and Russian authorities to go ahead with its $16.2-billion purchase by French giant LVMH.

U.S. stock index futures dropped on Tuesday, giving back some gains after the Nasdaq notched a record closing high in the previous session, with focus now on the Federal Reserve's two-day policy meeting.

While some potential vaccines have emerged in the global race to find a way to stop the spread of COVID-19, many scientists and researchers believe antibody based therapies hold great promise for treating people already infected with the disease.

Bon Appetit's editor-in-chief, Adam Rapoport, resigned late Monday after a 16-year-old picture of him with brownface resurfaced online and drew harsh criticism, coupled with a subsequent claim of discriminatory pay at the Conde Nast-owned U.S. food magazine by a staff editor.

HSBC said on Tuesday that it had lowered its year-end forecast on 10-year British government bond yields to 0%, given a small probability of negative interest rates and a sense that rates will stay low for a long period.

Gilead Sciences Inc's antiviral drug, remdesivir, prevented lung disease in macaques infected with the new coronavirus, according to a study published in medical journal Nature on Tuesday.

The following are the top stories from selected Canadian newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

Gilead Sciences Inc's antiviral drug, remdesivir, prevented lung disease in macaques infected with the new coronavirus, a study published in medical journal Nature said on Tuesday.

South African blockchain-based renewable energy start-up SunExchange has raised $3 million from a company backed by one of the country's richest businessmen, the firm said on Tuesday.

Central European currencies and stocks eased on Tuesday, as a risk-off mood prevailed in markets after fresh negative data from Europe's economic powerhouse Germany soured the mood ahead of Wednesday's U.S. Federal Reserve meeting. German exports and imports slumped in April, posting their biggest declines since records began in 1990 as demand dried up in the coronavirus lockdown. On Monday data showed German industrial output posted its steepest plunge on reco

Gold prices rose on Tuesday as a pullback in equities increased the appeal of the safe-haven metal while investors awaited the U.S. Federal Reserve's two-day monetary policy meeting starting later in the day. Spot gold was up 0.8% at

* Japanese yen rises to 1-week high as traders await Fed meeting

* World Bank sees global output shrinking by 5.2% in 2020 (Adds comment, updates prices)

* MSCI ex-Japan had scored longest winning streak since early 2018

A U.S. Senate report released Tuesday says the U.S. government failed to properly oversee Chinese-owned telecommunications companies for nearly two decades.

Norwegian banks should hold on to their capital during the coronavirus outbreak and refrain from making dividend payments or other distribution to shareholders, Norway's Financial Supervisory Authority (FSA) said in a report on Tuesday.