The management board of VTB, Russia's second largest bank, has recommended it pay shareholders 2019 dividends worth 10% of its net profit instead of the 50% it had initially planned, documents published by the bank on Friday showed.
Precious Shipping has reduced its short-term liquidity problems after investors holding Bt3.59bn (US$114m) of its 5.25% outstanding bonds agreed to extend the maturities by a year and a half.
The Saudi-led coalition has intercepted a missile launched by Yemen's Iran-aligned Houthi group in direction of Najran, a Saudi region close to the Yemeni border, Saudi state TV reported on Friday.
When CAF upsized its inaugural green Swiss September 2025 bond earlier this month, it offered a glimpse into the sustained growth the Swiss green bond market has experienced this year.
Britain's public debt went above 2 trillion pounds ($2.65 trillion) for the first time in July as the government ramped up public spending to cope with the coronavirus pandemic and tax revenues fell, official data showed on Friday.
A deluge of trash from takeaway containers and disposable cutlery is cluttering the streets and parks of Hong Kong as coronavirus restrictions on dining in restaurants eat away at the city's capacity to dispose of its garbage.
(RTTNews) - European stocks look set to open a tad higher on Friday after China said it has agreed to hold talks with U.S. officials soon to review progress on their preliminary deal.
Singapore's Wuthelam Group will take majority control of Nippon Paint Holdings, spending 1.28 trillion yen ($12.12 billion) to raise its stake to just under 60% from 39% now, the Japanese company said in a statement on Friday.
South Africa's already recession-hit economy likely suffered its deepest-ever contraction in the second quarter but is set to grow strongly in the third as curbs to contain the coronavirus pandemic ease, a Reuters poll found.
The dollar was on the defensive against most currencies on Friday after a rise in U.S. jobless claims and a dip in Treasury yields dampened the appeal of holding the greenback.
A deluge of trash from takeaway containers and disposable cutlery is clogging the streets and parks of Hong Kong as coronavirus restrictions on dining in restaurants eat away at the city's capacity to dispose of its garbage.
The yuan on Friday edged up to a new seven-month high before paring some gains at midday, thanks to broad dollar weakness, and also looked set for its best week in six.
Chinese stocks advanced on Friday and were set for weekly gains, boosted by consumer and healthcare firms, although uncertainty over Sino-U.S. trade talks weighed on sentiment.
South Korean retail investors are stampeding into Chinese stocks in record numbers, ploughing hundreds of millions of dollars into a tech sector rush far removed from punishing taxes and regulations on investment at home.
(RTTNews) - Indian shares opened higher on Friday, tracking overnight gains in U.S. indexes and positive Asian shares on bets that tech giants such as Apple Inc, Amazon.com Inc and Microsoft Corp would ride out the economic crisis.
Water levels at China's giant Three Gorges Dam on the Yangtze river are inching closer to their maximum after torrential rains raised inflows to a record high, official data showed on Friday.
Singapore's Wuthelam Group will take majority control of Nippon Paint Holdings by raising its stake in the Japanese firm to just under 60% from 39% now, in an acquisition totalling about 1.3 trillion yen ($12 billion), the Nikkei said on Friday.
Most of BOC Aviation's (BOCA) airline clients have resumed rental payments, a sign of cautious optimism, after deferring payments when the pandemic struck this year, the Asian lessor's top executive told Reuters in an interview.