South African retail sales fell more than expected in November, despite deeper Black Friday discounts and month-long promotions, as sales of other items like jewellery and clothes contracted.
Activist investor Starboard Value LP said on Thursday it has nominated eight directors to the board of Corteva Inc, seeking to oust its chief executive officer and take control of the pesticide and seed maker.
President Joe Biden inherits a problematic trade deal with China and the unpalatable choices of trying to make Beijing meet its commitments on purchases of U.S. commodities, renegotiating, or simply ignoring China's failure to meet the terms.
Activist investor Starboard Value LP said on Thursday it has nominated eight directors to the board of Corteva Inc, seeking to take control of the pesticide and seed maker with an aim to oust its chief executive officer.
Belarus state-run potash producer Belaruskali will reinstate its workers fired over an attempt in the autumn to strike, it said on Thursday, after pressure from its major customer, Norway's Yara.
AirAsia Group plans to undertake a private placement to raise up to 454.5 million ringgit ($113 million) to address immediate and near-term cash flow requirements, the Malaysian budget airline group said on Thursday.
China on Thursday reported an outbreak of African swine fever in the southern province of Guangdong - the country's first reported cases of the deadly disease in almost three months.
Malaysian budget carrier AirAsia Group said on Thursday it planned to undertake a private placement of up to 20% of its total issued shares to strengthen its financial position.
Indonesian authorities said on Thursday the search for victims of a plane crash that killed all 62 people on board had been halted, but the hunt would continue for the Sriwijaya Air jet's cockpit voice recorder (CVR).
Copper prices rose on Thursday, helped by a lower dollar and sliding stocks in London Metal Exchange registered warehouses, but gains were capped by expectations that demand growth in top consumer China had for now reached a plateau.
China's two biggest aluminium makers have issued a joint proposal on how their industry should seek to reduce emissions, conserve energy and produce low-carbon metal, as part of a national plan to achieve carbon neutrality.
Norway backed Norwegian Air's survival plan on Thursday as Industry Minister Iselin Nyboe said that the government had no intention of being a shareholder but would stump up cash if private investors did too.
Copper prices advanced on Thursday as investors wagered a massive stimulus package under U.S. President Joe Biden's administration would likely offset damage wreaked by the COVID-19 pandemic and boost global assets.
Munich-based luxury fashion platform Mytheresa said on Wednesday it raised $406.8 million in its U.S. initial public offering (IPO), valuing the e-commerce site at $2.2 billion.
Tightening global supplies of basic foodstuffs and disruptions to shipping caused by the coronavirus pandemic are driving up the cost of rice, the most important staple food for billions of people worldwide.
Japan's exports rose for the first time in two years in December on the back of shipments to China, government data showed, offering a glimmer of hope for policymakers counting on an export-led recovery amid a resurgence of the coronavirus.
United Airlines Holdings Inc said on Wednesday it aims to cut about $2 billion of annual costs through 2023 as it charts a recovery from the coronavirus pandemic that drove its fourth straight quarterly loss.
India's IndiGo has emerged as one of the world's biggest airlines by capacity, aided by a swift recovery in the domestic aviation market to nearly 80% of pre-pandemic levels and the financial strength to boost market share as rivals struggle.
United Airlines Holdings Inc on Wednesday reported a fourth straight quarterly loss as the coronavirus pandemic continued to upend the travel industry and said it aims to cut about $2 billion of annual costs through 2023 as it charts a recovery plan.
Indian stock exchanges on Wednesday gave the go ahead for Future Group's $3.4 billion deal to sell its retail assets, taking it a step closer toward closing a deal that has soured its ties with its business partner Amazon.com Inc.