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Tapestry Inc beat quarterly sales estimates on Thursday, helped by a recovery in sales in China and a surge in online orders for its Coach handbags from consumers stuck indoors due to coronavirus-induced lockdowns.

Tapestry Inc beat quarterly sales estimates on Thursday, helped by a recovery in sales in China and a surge in online orders for its Coach handbags from consumers stuck indoors.

The billionaire founder of Japanese online fashion store Zozo Inc, Yusaku Maezawa, acquired large stakes in two Japanese apparel companies including multi-brand retailer United Arrows, regulatory filings showed on Thursday.

India's main indexes ended little changed on Thursday as gains in metal and auto stocks were offset by a drop in financial and consumer staples shares, with investors looking for fresh triggers amid continued surge in domestic coronavirus cases.

China's biggest short-video and social media platforms said they will punish users seen to be wasting food in their broadcasts, cracking down on so-called "big stomach kings" as the government urges against food wastage in the middle of a pandemic.

In May, Syrian tycoon Rami Makhlouf, a cousin and long-time ally of President Bashar al-Assad, took a once unimaginable step.

China hopes the United States will stop taking restrictive and discriminatory action against Chinese firms and create conditions for the implementation of a Phase 1 trade deal, Assistant Minister of Commerce Ren Hongbin said on Thursday.

China's biggest short-video platforms said on Thursday they will punish users seen to be wasting food in their broadcasts, cracking down on so-called "big stomach kings" as the government urges against food wastage in the middle of a pandemic.

Japanese airline company ANA Holdings Inc is in talks with multiple banks to raise capital of up to 500 billion yen ($4.7 billion) in the wake of the coronavirus-driven slump in air travel demand, the Nikkei business daily reported on Thursday.

Russian aluminium giant Rusal said on Thursday its recurring net loss totalled $76 million in the first half of 2020 after a profit of $666 million a year ago as the novel coronavirus outbreak hit demand.

TUI, the world's biggest tourism group, is looking at a possible rights issue or divesting parts of the business to bring down the high levels of debt it has taken on to help it withstand the coronavirus pandemic.

TUI, the world's largest tourism company, sunk to a 1.1 billion euro loss in its third quarter as the pandemic stopped holidays, and said it was making progress with cost cuts needed to help it withstand the crisis.

Japanese airline company ANA Holdings Inc is in talks with private banks and the state-backed Development Bank of Japan to raise capital of up to 500 billion yen ($4.7 billion), the Nikkei business daily reported on Thursday.

India's main indexes rose on Thursday, powered by gains in metal stocks, while an overnight rally in technology stocks on Wall Street and a surprise rise in U.S. inflation boosted global sentiment.

German minerals miner K+S on Thursday said it had reached an agreement for a 350-million-euro ($412 million) loan to help it deal with the coronavirus crisis while reporting quarterly core profit above forecasts but below last year's level.

German minerals miner K+S on Thursday reported higher than expected second-quarter core profit, as good operational performance and high cost discipline partly offset lower average prices for potash fertilizers and the effects of the coronavirus pandemic.

Brazilian food processor BRF SA posted second-quarter net profit of 307 million reais ($56.5 million), down 5.5% from a year earlier, as the COVID-19 crisis increased costs and hit exports, according to a securities filing on Wednesday.

China's imports of industrial metals are booming. Refined copper imports hit an all-time high of 494,000 tonnes in June and accelerated again in July with the preliminary trade figures implying another record high of 530,000 tonnes.

Dryness in northern and western wheat growing areas of Argentina prompted the Rosario grains exchange to shave a bit off its planting area estimate for the 2020/21 season on Wednesday, but not enough to cut its 18 to 19 million tonne harvest estimate.

Mexico will gradually phase out use of the herbicide glyphosate by the time the current administration ends in late 2024, President Andres Manuel Lopez Obrador said on Wednesday, following a ministerial spat over the product.