India's antitrust regulator is investigating JK Tyre & Industries Ltd after a state government accused the company of bid rigging, and the probe has been expanded to other firms, according to sources and legal filings seen by Reuters.
Most emerging markets currencies in Europe, Middle East and Africa were little changed on Friday and set for a weekly loss as resurging global coronavirus cases and signs an economic recovery may be stalling sapped demand for riskier assets.
One of the targets of large cyber attacks on two Iranian government institutions this week was the electronic infrastructure of the country's ports, an Iranian news agency reported on Friday.
(RTTNews) - Micro-blogging platform Twitter Inc. (TWTR), on Thursday, suffered multiple outages in many countries across the world, leaving many users unable to tweet or see new tweets in the early evening. The notifications and mentions feeds were also unavailable. By late eveni
Sterling rose slightly on Friday but was still on track to end the week on a loss, as markets waited for Britain to say whether it would continue with Brexit negotiations after the European Union leaders' summit left the UK disappointed.
HONG KONG (Reuters Breakingviews) - Hong Kong’s rival sister city of Shenzhen is vulnerable at the rear. During a visit this week, President Xi Jinping said he will give the technology hub more autonomy. Relaxed capital controls and
European shares bounced from two-week lows on Friday but were still set for weekly losses after a sell-off that was marked by fears of a second wave of COVID-19 infections, Brexit-related uncertainty and doubts about more U.S. fiscal stimulus.
China stocks were little changed on Friday but posted a weekly gain, buoyed by fresh policy support and upbeat data that pointed to an economic recovery from the COVID-19 fallout.
British retailer the John Lewis Partnership [JLPLC.UL] will accelerate the expansion of its online business, diversify beyond retail and seek more partnerships as it aims to recover profitability, it said on Friday.
Tunisia expects the coronavirus crisis to drive its budget deficit to 14% of gross domestic product this year, double the original target and the highest in nearly four decades, a government official told Reuters on Friday.
British hedge fund manager Man Group on Friday reported a 4.4% rise in funds under management, as it saw a recovery in markets after a steep selloff earlier in the year when most of the world was under coronavirus-induced lockdowns.
Jupiter Fund Management suffered one billion pounds ($1.29 billion) in net outflows in the third quarter, it said on Friday, hit by investor exits from recent purchase Merian.
Prime Minister Boris Johnson will on Friday give Britain's response to the European Union's demand that he either gives more concessions to secure a trade deal or braces for a disorderly Brexit in three months.
British hedge fund manager Man Group on Friday reported a 4.4% rise in funds under management, as it saw a recovery in markets after a steep selloff earlier in the year when most of the world was under coronavirus-induced lockdowns.
(RTTNews) - Man Group plc (MNGPF.PK, MNGPY.PK, EMG.L) reported Friday that its third-quarter funds under management or FUM was $113.1 billion as of September 30, a growth of 4 percent from preceding second quarter's $108.3 billion.The company said the growth was driven by net inf
Swedish medical equipment maker Getinge on Friday reported a big jump in third-quarter core profit on the back of demand for ventilators and other life support equipment due to the pandemic, but order intake edged down.
Jupiter Fund Management's assets under management rose by 16.5 billion pounds ($21.28 billion) in the third quarter to 55.7 billion pounds due to the acquisition of rival Merian Global Advisers, though it saw 1 billion pounds in net outflows, it said on Friday.
(RTTNews) - Volvo Group reported that its third quarter net income to owners declined year-on-year to 5.72 billion Swedish kronor from 7.45 billion kronor, last year. Earnings per share was 2.81 kronor compared to 3.67 kronor. Adjusted operating income was 7.22 billion kronor com
"Human challenge" trials of potential COVID-19 vaccines, where volunteers are deliberately infected with the disease, could become a reality after a British biotech firm signed a contract with the government to create and provide strains of the virus.
Swedish truck-maker AB Volvo on Friday reported third-quarter core earnings well above markets forecasts and a big jump in order intake as a recovery from a deep COVID-19-induced slump earlier in the year continued to gain pace.