U.S. grain trader Bunge Ltd reported a better-than-expected quarterly profit on Wednesday, as it focused on improving segment margins across its businesses, sending its shares up about 3%.
Some shopping mall landlords in Hong Kong, including Sun Hung Kai Properties, the city's largest property developer by value, are offering relief measures such as rental concession to their tenants during the coronavirus outbreak.
India, which restricted imports of refined palm oil and palmolein in January, has exempted Nepal and has started issuing licences to import some refined palmolein from the Himalayan nation, two government officials told Reuters.
Rio Tinto, operator of the giant Oyu Tolgoi copper-gold mine in Mongolia, said its copper concentrate shipments to China had slowed due to efforts by the authorities to contain the spread of the coronavirus.
Private equity firm Permira [PERM.UL] has reached an agreement to buy Italian luxury sneaker brand Golden Goose, a source familiar with the matter told Reuters on Wednesday.
Private equity firm Permira [PERM.UL] has reached an agreement to buy Italian luxury sneaker brand Golden Goose, a source familiar with the matter told Reuters on Wednesday.
Rio Tinto on Wednesday said it may cut operations or shut down its aluminium smelter in Iceland, as it struggles to generate profits at the site because of tough conditions in the aluminium market and high power costs.
The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.
Singapore's biggest bank DBS evacuated 300 staff from its head office on Wednesday as a precautionary measure following a confirmed coronavirus case at the lender, according to an internal memo seen by Reuters.
Singapore's biggest bank DBS evacuated 300 staff from its head office on Wednesday as a precautionary measure following a confirmed coronavirus case at the lender, according to an internal memo seen by Reuters.
Singapore's biggest bank DBS has evacuated 300 staff from its head office on Wednesday as a precautionary measure following a confirmed coronavirus case at the bank, according to an internal memo seen by Reuters.
The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.
The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.
The coronavirus has cost Vietnamese airlines about 10 trillion dong ($430 million) so far in lost revenues following travel curbs between Vietnam and China, the government said on Wednesday.
Malaysia's economy grew 3.6% in the fourth quarter from a year earlier, the slowest pace in a decade, due to lower output of palm oil, crude oil and natural gas, and a fall in exports amid the U.S.-China trade war.
Malaysia's economy grew 3.6% in the fourth quarter from a year earlier, the slowest pace in a decade, due to lower output of palm oil, crude oil and natural gas, and a fall in exports amid the U.S.-China trade war.
Malaysia's economy grew 3.6% in the fourth quarter from a year earlier, the central bank said on Wednesday, the slowest pace in a decade due to lower output of palm oil, crude oil and natural gas, and a fall in exports amid the U.S.-China trade war.
China's aviation regulator said on Wednesday that it hopes countries will lift virus-related travel restrictions as soon as possible, in line with guidance from the World Health Organization and International Civil Aviation Organization.
China's aviation regulator said on Wednesday that it hopes countries will lift virus-related travel restrictions as soon as possible, in line with guidance from the World Health Organization and International Civil Aviation Organization.