Iran's Supreme Leader Aytollah Ali Khamenei said on Tuesday that Iranians should follow the recommendations of authorities to prevent the spread of coronavirus, as the deputy health minister reported more infections and a higher death toll of 77.
Brazilian food processor BRF SA reported a 121% surge in fourth-quarter net income on Tuesday after taking a series of measures to turn around its operations following a string of losses.
European holiday company TUI and British home improvement group Kingfisher are among companies likely to exit the FTSE 100 in the blue-chip index's latest reshuffle, according to Reuters calculations based on Monday's closing prices.
Chinese steelmaker Jingye Group said it will complete its buyout of British Steel, with 1.2 billion pounds ($1.5 billion) of investment, despite uncertainty over the control of British Steel's French unit.
The worst is still to come for the airline industry in terms of economic damage from the coronavirus outbreak, European bosses warned on Tuesday, but they predicted that travel demand could stabilise in the coming weeks.
Major concerts and events in the United Arab Emirates, an air transit centre as well as a tourism and business hub, have been cancelled or postponed as the coronavirus spreads in the Gulf.
Chinese steelmaker Jingye Group said on Tuesday it has agreed to proceed towards the completion of its buyout of British Steel, saving 3,200 jobs and unlocking 1.2 billion pounds ($1.5 billion) in investment.
India's gold imports plunged 41% in February from a year earlier as a rally in local prices to a record high squeezed retail demand, a government source said on Tuesday.
Hungarian low-cost airline Wizz Air on Tuesday reported a 26% jump in the number of passengers for February, even as the fast-spreading coronavirus outbreak disrupted air travel.
Major concerts and events in the United Arab Emirates, an air transit centre as well as a tourism and business hub, have been cancelled or postponed as the coronavirus spreads in the Gulf.
ING and Malayan Banking Bhd (Maybank) were the top creditors of Singapore commodity trader Agritrade International, which was last month placed under interim judicial management.
Canada-based pot firm Tilray Inc reported a bigger quarterly loss on Monday, hurt by an impairment charge related to its assets and higher costs, as oversupply and other challenges weigh on the Canadian marijuana market.
China's U.N. ambassador, Zhang Jun, said on Monday that while the coronavirus outbreak has had a "negative impact" on the country's economy, Beijing was working to revitalize and was confident it would reach its economic goals for 2020.
In trading on Monday, shares of Allegheny Technologies, Inc (Symbol: ATI) entered into oversold territory, changing hands as low as $16.49 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
In trading on Monday, shares of Reliance Steel & Aluminum Co. (Symbol: RS) crossed above their 200 day moving average of $104.76, changing hands as high as $105.82 per share. Reliance Steel & Aluminum Co. shares are currently trading up about 2.5% on the day. The cha
Colombia will have to restart aerial spraying of the herbicide glyphosate in order to destroy crops of coca, the chief ingredient of cocaine, U.S. President Donald Trump said on Monday during a meeting with his Colombian counterpart Ivan Duque.
Reuters
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