Marriott International Inc, the world's largest hotel operator, is facing a London class action brought by millions of former hotel guests demanding compensation after their personal data was hacked in one of the largest data breaches in history.
First International Bank of Israel (FIBI), the country's fifth-largest bank by assets, reported lower quarterly earnings due to a steep increase in credit loss expenses stemming from the coronavirus pandemic.
Billionaire Bernard Arnault moved to shore up his influence in French conglomerate Lagardere by acquiring a 27% stake in Arnaud Lagardere's personal holding firm, as a battle over the future of the Lagardere business heats up.
(RTTNews) - A.P. Moller-Maersk A/S (AMKAF.PK, AMKBF.PK) reported that its second quarter profit from continuing operations increased year-on-year to $443 million from $154 million. EBITDA increased improved by 25% to $1.7 billion. Underlying profit from continuing operations was
South Africa's rand edged higher in early trade on Wednesday, extending the previous session's gains, on dollar weakness and sustained optimism over a further easing of the country's coronavirus lockdown.
Long-dated Japanese government bond (JGB) yields dipped on Wednesday, supported by signs of stabilisation in U.S. bonds and strong results of the Bank of Japan's buying in long-term JGBs.
European stocks slipped on Wednesday, failing to draw strength from a record run for Wall Street's S&P 500, as investors feared a resurgence in coronavirus cases could dent a nascent economic recovery in the continent.
(RTTNews) - Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said that it cut its 2020 refined copper production guidance, due to a delay in restarting a smelter at its Kennecott mine in Utah.
Banque de Commerce et de Placements SA, DIFC Branch, has sued China Aviation Oil (Singapore) Corp Ltd over an alleged fraudulent deal as the Swiss bank seeks to reclaim the $19 million it paid to CAO for a cargo, a court document showed.
Japan's Nikkei eked out small gains on Wednesday, as some technology firms rallied after U.S. tech giants drove the S&P 500 to a record peak overnight, and in dollar terms the benchmark is very close to reaching a three-decade high.
Maersk on Wednesday reinstated full-year guidance above its forecast at the beginning of the year, even as the shipping group expects demand for moving containers at sea to remain below normal levels in the third quarter.
PizzaExpress has decided to close 73 of its 449 UK restaurants due to coronavirus lockdowns and higher costs, a move that one of the country's best known restaurant chains said would impact 1,100 jobs.
A gauge of Asian shares eased on Wednesday led by losses in Chinese and Hong Kong stocks, though it was still near a seven-month peak, driven by ever expanding policy stimulus aimed at cushioning the blow from the coronavirus pandemic.
Soldiers who staged a military coup in Mali leading to the resignation of President Ibrahim Boubacar Keita and his government said on Wednesday they plan to form a civilian transitional government that will organise fresh elections.
No new high-level trade talks have been scheduled between the United States and China but the two sides remain in touch about implementing a Phase 1 deal, White House Chief of Staff Mark Meadows told reporters aboard Air Force One on Tuesday.
Thailand's central bank chose not to cut interest rates at its last board meeting so that monetary policy could be used at the most effective time and with a view that fiscal policy should play a greater role for now, meeting minutes showed.
Australia's biggest grocer Woolworths said on Wednesday it is paying A$552 million ($399.4 million) for about two-thirds of PFD Food Services and its properties as the coronavirus pandemic reshapes the industry.
Hong Kong Exchanges and Clearing Ltd (HKEX) reported on Wednesday a rise of 1% in first-half profit, as higher trading revenue fuelled by market volatility made up for investment losses.
(RTTNews) - Indian shares opened higher on Wednesday, tracking gains in Asian peers amid hopes for a possible breakthrough in deadlocked U.S. stimulus talks.