Dutch bank ABN Amro on Wednesday reported a 395 million euro ($428 million) loss for the first quarter of 2020, hit by loan provisions of 1.1 billion euros, including what it said were losses on two large individual client files.
Nissan Motor Co plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales that could complicate its recovery from years of poor profitability.
Japan's service sector sentiment index hit a record low for the second straight month in April, a Cabinet Office survey showed on Wednesday, suggesting the damage from lockdown measures to counter the coronavirus pandemic was widening.
(RTTNews) - Vedanta Resources Ltd or VRL plans to voluntarily delist the equity shares of its Indian subsidiary, Vedanta Ltd. or VEDL from all stock exchanges on which VEDL's equity shares are listed.
Australia's trade minister is seeking urgent talks with his Chinese counterpart after key agriculture exports were hit with suspensions and tariff threats, but said Australia will continue to push for an inquiry into the coronavirus outbreak.
(RTTNews) - The Japanese stock market is extending losses on Wednesday from the previous session following the negative cues overnight from Wall Street on renewed coronavirus concerns after top U.S. infectious disease expert Dr. Anthony Fauci warned of "suffering and death" if t
(RTTNews) - The Indonesia stock market headed south again on Tuesday, one day after it had ended the two-day slide in which it had stumbled more than 30 points or 0.7 percent. The Jakarta Composite Index now sits just beneath the 4,590-point plateau and it figures to open in the
Australian airline Regional Express Holdings Ltd (REX) is exploring the feasibility of operating between major cities and is in talks with potential partners for an equity investment estimated at A$200 million ($129 million), it said on Wednesday.
This past quarter, American households with internet-connected TV passed households with cable subscriptions for the first time. The trend of cord cutting, or switching from a bundled TV concept to specific services, is picking up steam amid the pandemic. With no live sports bei
Lives have been lost in the coronavirus pandemic because of the World Health Organization's (WHO) exclusion of Taiwan and refusal to allow it to share best practices and information, a top U.S. government commission on China said in a new report.
Texas Governor Greg Abbott said on Tuesday that he spoke with Elon Musk, the chief executive of Tesla Inc, in recent days about a potential move of the company's electric vehicle assembly plant to the Lone Star state.
Brazilian miner Vale SA plans to spend at least $2 billion to cut both its direct and indirect carbon emissions by 33% by 2030, Chief Executive Eduardo Bartolomeo told Reuters on Tuesday.