Bezeq Israel Telecom reported a sharply narrower net loss in the fourth quarter as it continued to be impacted by large write downs in its various subsidiaries.
Bank Hapoalim, Israel's largest lender, said on Thursday it swung to a loss in the fourth quarter due to the costs of settling a U.S. tax evasion probe and provisions for credit losses related to the coronavirus outbreak.
Hong-Kong based insurer FWD Group said on Thursday that it would sell a contract for its bancassurance products with Thailand's TMB Bank to Prudential PLC's life assurance arm in Thailand for 20 billion baht ($612.93 million).
Government bond yields across the euro area slid sharply on Thursday after the European Central Bank stepped in with emergency stimulus measures to calm panicked markets in the face of the coronavirus outbreak.
Iraq's Oil Marketing Company (SOMO) has informed its customers it is unable to compensate for a big jump in freight costs for crude oil cargoes heading to Europe and the Americas in April, a copy of a notice reviewed by Reuters showed on Thursday.
Two British bankers were handed suspended jail terms on Wednesday and one a 14 million euro penalty in Germany's biggest post-war fraud trial of a scam involving multi-billion-euro trades to get bogus tax reclaims.
British engineer Meggitt said it was leading a consortium of UK aerospace suppliers to develop and produce in large volumes a ventilator to help tackle coronavirus.
(RTTNews) - The Vossloh Group (VOSSF.PK) reported a net loss of 136.8 million euros in fiscal 2019 compared to profit of 22.7 million euros, previous year. Loss per share was 8.32 euros compared to profit of 1.14 euros. Adjusted EBIT was 55.7 million euros compared to 54.2 milli
(RTTNews) - Dr. Reddy's Laboratories Ltd. (RDY) announced Thursday the launch of Naloxone Hydrochloride Injection USP, 2 mg/2 mL (1 mg/mL) Single-dose
Prefilled Syringe in the U.S. market.
The dollar resumed its relentless climb against major currencies on Thursday as wild financial market volatility and worries over tightening liquidity triggered by the coronavirus pandemic sparked an investor flight into cash.
(RTTNews) - HeidelbergCement (HDELY.PK) said, due to the fast spread of the coronavirus, a valid outlook on the 2020 business year is currently not possible. The Group previously projected a slight increase in revenue and result from current operations.
South Africa's rand tumbled to a more than four-year low on Thursday ahead of an interest rate decision, as the coronavirus pandemic sparked a flight away from riskier assets.
South African retailer Massmart said on Thursday it had decided to close all of its non-performing stores, as cash-strapped consumers battle with high unemployment, modest wage increases and higher average fuel and utility prices.
Potential bidders have expressed interest in Australian Associated Press, the domestic news agency that announced earlier this month it would shut its doors in June, AAP Chief Executive Bruce Davidson said on Thursday.
The Philippine central bank delivered a larger-than-expected cut in its benchmark interest rate on Thursday as it braced for the economic fallout from the coronavirus outbreak.
The dollar surged and everything else was blown away on Thursday as emergency central bank measures in Europe, Japan, the United States and Australia failed to halt a fresh wave of panic selling.
(RTTNews) - Norwegian telecom company Telenor ASA (TELNY.PK, TELN) announced Thursday that appointment of Tone Hegland Bachke as Chief Financial Officer, effective from May 1. She succeeds Jørgen Arentz Rostrup, who is appointed as the Head of unified Asia business, effective M
(RTTNews) - Accenture plc (ACN), a professional services provider is scheduled to report its second-quarter results today, March 19 before market open.