China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic peers, five people with knowledge of the matter said, as the country pushes ahead in opening up its financial sector.
(RTTNews) - European stocks are set to open higher on Thursday after U.S. President Donald Trump said his team is noticing a positive change in coronavirus case numbers in the country.
The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said in a new forecast on Thursday.
(RTTNews) - French food services and facilities management company Sodexo S.A. (SDXAY.PK) reported that its net profit for the first half of fiscal 2020 ended February 29, 2020 was 378 million euros, up 3.8% from last year, while it was up 1.8% excluding the positive currency im
(RTTNews) - Gerresheimer AG (GRRMF.PK) announced confirmation of growth forecast for 2020 and continue to work on implementing growth strategy for the years ahead. The company still expects 2020 revenue growth in the mid single-digit percentage range, adjusted EBITDA margin of a
South Africa's Standard Bank said on Thursday it would pay its 2019 dividend of 540 cents per share, after the central bank clarified that guidance to scrap shareholder returns did not apply to dividends already declared. [nL8N2BV15O]
Just Eat Takeaway, Europe's largest online food ordering and delivery company, said on Thursday orders temporarily declined in March as restaurants throughout Europe were closed in the fight against the global coronavirus outbreak.
Several Chinese online retailers have offered discounts on Apple Inc's iPhone 11, Reuters checks on Thursday revealed. The price drops come as the hardware company braces for an uncertain year for the smartphone sector.
Indian shares rose on Thursday, in line with broader Asian markets that gained on hopes that the coronavirus pandemic was nearing its peak globally and governments would roll out more stimulus measures.
The Monetary Authority of Singapore said it has extended the assessment period for approving digital bank licences in the city-state, citing the global escalation of the COVID-19 pandemic.
A California retail developer claims the state's coronavirus lockdown was an act of God that prevented it from completing a $4.2 million property acquisition, asking a court to prevent owner Exxon Mobil Corp from selling to any other buyers.
The impact of the novel coronavirus on Hong Kong's tourism sector is unprecedented and the city can hope to start seeing things returning to normal by July, in part by trying to develop new markets, the head of the tourism board told Reuters.
The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel coronavirus outbreak abruptly ground the country to halt, which would cement views the economy was in deep recession.
This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck.
From Rupert Murdoch's News UK to McClatchy's chain of local newspapers across the United States, news publishers are attracting record numbers of readers as people in lockdown seek information about the coronavirus pandemic.
Federal Reserve Chair Jerome Powell - one of the key architects of the unprecedented effort underway to shield the U.S. economy from the coronavirus outbreak - may shed more light on the Fed's assessment of the still-unfolding crisis in a live webcast on Thursday morning.
(RTTNews) - Indian shares opened higher on Thursday, tracking strong gains on Wall Street overnight after President Donald Trump said Americans might be getting to the top of the "curve" in relation to the coronavirus outbreak.
Dubai's non-oil private sector was hit hard last month as key sectors of the Middle East's trade and tourism hub were impacted by measures aimed at stemming the spread of the new coronavirus, a survey showed on Thursday.
HONG KONG (Reuters Breakingviews) - Giving Penfolds its own cellar could pay off for Treasury Wine Estates. The $4.7 billion Aussie winemaker said on Wednesday it could spin off its prized brand. That should deliver a higher valuation for the label and separate it from a
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