The rapid spread of coronavirus cases worldwide is complicating a standard strategy used by airlines when disease, disaster or conflict hit travel destinations: lower fares and redirect flights to trouble-free areas.
German chemicals group Evonik Industries reported on Wednesday higher-than-expected quarterly adjusted core profit and forecast steady sales in 2020, with growth at its specialty business offset by softer sales of more commoditized chemicals.
A team of ICBC Standard bankers celebrated in London last June after closing its first major U.S. refinery deal and gaining a foothold in the biggest energy market in the world.
Online marketplace OLX Brazil has agreed to buy competitor Grupo ZAP for 2.9 billion reais ($642 million), forming a leading Brazilian player in digital real estate advertising, OLX and its European owners said.
China will use a Roche Holding AG arthritis drug to treat some coronavirus patients in severe conditions, health authorities said on Wednesday, as the country seeks to build up treatment regimens to help the infected recover.
Former world number one Kim Clijsters said she was looking forward to getting more matches under her belt and improving, after losing 6-3 7-5 to Briton Johanna Konta in the opening round of the Monterrey Open on Tuesday evening.
Foreign ownership of yuan-denominated onshore Chinese bonds rose to a record high in February after increasing for a 15th consecutive month, according to Reuters calculations using official clearing house data.
India's Supreme Court overturned on Wednesday a central bank ban forbidding lenders to facilitate banking transactions for cryptocurrency exchanges and traders, removing a major hurdle for the development of the sector.
China and Hong Kong stocks were flat on Wednesday as fewer new coronavirus cases offset negative cues stemming from Wall Street's sharp drop following the U.S. Fed's surprise rate cut.
Indian bond yields fell sharply on Wednesday morning as a surprise rate cut by the U.S. Federal Reserve to limit the coronavirus impact raised expectations of a similar move back home.
Oil prices jumped 1.5% on Wednesday on hopes that major producers have made progress towards sealing an agreement to implement deeper output cuts aimed at offsetting the slump in demand caused by the global coronavirus outbreak.
The Turkish lira weakened early on Wednesday, giving up some of the gains made a day earlier when an emergency rate cut by the U.S. Federal Reserve in response to the spread of coronavirus hit the dollar across the board.
(RTTNews) - Asian stock markets are mostly higher on Wednesday with modest gains despite the weak cues overnight from Wall Street after a surprise interest rate cut by the Federal Reserve. The South Korean market is rising more than 2 percent after the government unveiled a $9.8
Gold prices rose on Wednesday, extending gains from a 3% rise in the previous session as the U.S. Federal Reserve slashed its benchmark interest rate to cushion the economic impact from the fast-spreading coronavirus.
The Australian Football League (AFL) said on Wednesday the game between St Kilda Saints and Port Adelaide Power scheduled for May 31 in China had been moved out of the country due to the coronavirus outbreak.
What happened
Shares of XPO Logistics (NYSE: XPO) traded down 16.8% in February, according to data from S&P Global Market Intelligence. The shipping company's shares were up as much as 10% for the month until a late February sell-off, dropping nearly 25% as concerns about t
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