South African industrial gas supplier African Oxygen (Afrox) reported a 31% drop in half-year earnings on Friday as lower sales volumes and higher sourcing costs for liquefied petroleum gas (LPG) weighed on profits.
Indonesia's stock and currency markets touched multi-month lows on Friday as fresh COVID-19 restrictions in Jakarta ate into hopes of an economic recovery, while overnight selling on Wall Street kept sentiment across Asia subdued.
The euro rose slightly on Friday as traders noted European Central Bank policymakers' calm approach to the euro's recent appreciation, while the Norwegian crown surged on official forecasts the economy will now contract by less than predicted.
Britain struck its first post-Brexit trade deal with Japan on Friday, hailing the agreement as a "historic moment", just as it is struggling to clinch a deal with its closest trading partners in the European Union.
Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, two people familiar with the matter said.
Turkey's central bank said on Friday the country's current account deficit in July narrowed to $1.817 billion. The figure is less than a Reuters forecast for a deficit of $2 billion.
A significant repricing of GBP/USD downside risk via FX options shows the true scale of how this forward looking derivative perceives the risk to GBP from the recent break-down in Brexit talks.
Emerging markets-focused money manager Ashmore reported a drop in assets under management (AUM) on Friday, hit by a coronavirus-driven selloff in markets earlier this year, although full-year earnings still rose on cost controls.
Swedish EQT's Public Value fund has bought a 2.7 percent stake in Securitas, the world's biggest security services group, to become its fourth biggest owner, the investment firm said on Friday.
Total passenger vehicle sales in India rose 14.16% in August, showing some signs of economic recovery as industries restart operations months after a coronavirus-led lockdown disrupted a sector already hit by poor demand.
(RTTNews) - Roche's (RHHBY.OB) multiple sclerosis drug Ocrevus has proven to be an highly effective treatment option for people with relapsing-remitting multiple sclerosis who experienced a suboptimal response to prior treatment, according to data from a phase IIIb study.
Britain's FTSE 100 index is seen opening 17 points lower at 5,986 on Friday, according to financial bookmakers, with futures down 0.29% ahead of cash market open.
Inflation will persistently undershoot the European Central Bank's target for years to come and a strong euro will further dampen price pressures, leaving no room for complacency, ECB chief economist Philip Lane said on Friday.
The European Union was on Friday ramping up preparations for a tumultuous end to the four-year Brexit saga as top officials prepared to brief its 27 members on British Prime Minister Boris Johnson's plan to break the divorce treaty.
(RTTNews) - MAN Group (MAGOF.PK) announced Friday key terms of a comprehensive realignment of its main operating unit MAN Truck & Bus SE. The planned fundamental restructuring of the business will result in up to 9,500 job cuts in Germany and Austria and worldwide across all
Lithuania's state energy company Ignitis Group said on Friday it intends to list its shares on Nasdaq Vilnius and London Stock Exchange by October 2020.
A key Indonesian parliamentary committee on Friday reached an agreement with the government to expand the 2021 budget deficit target to 5.7% of gross domestic product, from 5.5% initially proposed by President Joko Widodo, the committee chairman said.
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