In trading on Tuesday, shares of Harmony Gold Mining Co. Ltd. (Symbol: HMY) entered into oversold territory, changing hands as low as $4.01 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
Lufthansa is set to raise 1 billion euros ($1.2 billion) through its first conventional bond issue since the onset of the coronavirus crisis, a lead manager said.
South Africa has taken a decision to make a 500 million rand ($33 million) payment to the COVID-19 vaccine distribution scheme co-led by the World Health Organization, the finance ministry said on Tuesday.
The copper price hit a fresh 2020 high on Tuesday morning. London Metal Exchange (LME) three-month metal extended its remarkable recovery from the March lockdown lows of $4,371 to $7,331 per tonne, the highest trade since June 2018.
Abercrombie & Fitch Co surged past Wall Street expectations for quarterly profit and sales on Tuesday, as the apparel retailer reined in costs and benefited from growing online demand from stuck-at-home consumers, sending its shares up about 10%.
European regulators gave draft approval to Boeing's 737 MAX on Tuesday, paving the way for a formal flight clearance in January after an almost two-year ban caused by fatal crashes.
U.S. airlines are adding flights, and in some cases COVID-19 testing programs, for travel to Mexico and the Caribbean, a region central to carriers' strategies to tap into pockets of holiday demand before a vaccine makes its way around the world.
Cold-storage specialist va-Q-tec is significantly expanding its fleet of 2,500 rental containers to meet growing demand to transport COVID-19 vaccines that need to be kept as low as -70 degrees Celsius (-94°F), its chief executive said.
European regulators gave draft approval to Boeing's 737 MAX on Tuesday, paving the way for a formal green light in January after an almost two-year ban caused by fatal crashes.
Tiffany & Co, which is being bought by French luxury giant LVMH, reported a smaller-than-expected decline in quarterly revenue on Tuesday as the U.S. jeweler benefited from strong sales in China and a recovery in demand at home.
Tiffany & Co, which is being bought by French luxury giant LVMH, reported a smaller-than-expected decline in quarterly revenue on Tuesday as the U.S. jeweler benefited from strong sales in China and a recovery in demand at home.
Low-cost carrier Wizz Air is seeking a bigger foothold at London Gatwick, but its ambitions may be hampered if regulators extend a freeze on airport slots in response to the coronavirus crisis, Chief Executive Jozsef Varadi said.
Malaysian budget airline AirAsia Group Bhd reported its fifth consecutive quarterly loss on Tuesday as the COVID-19 pandemic took its toll on travel in the third quarter.
Malaysia said it would close down some factories of Top Glove Corp for COVID-19 screening and quarantine after more than 2,000 workers in the world's biggest rubber glove maker tested positive for the disease.
Shares of ANA Holdings Inc fell as much as 4.2% on Tuesday after a report said Japan's biggest airline plans to issue new shares, seeking to raise around $1.9 billion, as early as this week.
Vietnam plans to extend a 30% reduction in environment tax on jet fuel by one year until the end of 2021 to help local airlines weather the impact of the coronavirus pandemic, its finance ministry said on Tuesday.
Shares in Malaysia's Top Glove slumped 7.5% on Tuesday, after the government said some of its factories would be closed in stages for COVID-19 screening and quarantine, as more than 2,000 of its workers tested positive for the disease.
Shares in Malaysia's Top Glove fell as much as 7.5% in early trade on Tuesday, after the government said some of its factories would be closed in stages for COVID-19 screening and quarantine after more than 2,000 of its workers tested positive.