Shipping group Golden Ocean warned on Tuesday its profit would be hit by a slowdown in demand due to the coronavirus outbreak in China, sending its shares down more than 3% in early trade.
Emerging market equities lost ground on Tuesday, as Apple Inc's sales warning fanned fears of the impact from the coronavirus outbreak on companies and global supply chains, while South Africa's rand weakened due to a dreary growth outlook.
Indian business leaders are demanding cuts in import duties on antibiotic drugs, mobile parts and other items as the outbreak of the coronavirus has disrupted supplies from China, government and industry officials said.
The number of people in work in Britain jumped again in the last three months of 2019, according to data which underscored how the labour market defied a slowing of the broader economy ahead of December's election.
Turkey's lira weakened against the dollar on Tuesday to its lowest point in regular trading since last May, as a central bank policy decision loomed and investors fretted over tensions in Syria's Idlib, where Ankara is bulking up its military.
European shares dropped on Tuesday as a revenue warning from Apple Inc sent shockwaves through the tech sector, hammering iPhone parts makers and underlining the impact of the coronavirus outbreak on global supply chains.
(RTTNews) - French stocks retreated on Tuesday as China reported 98 new deaths from coronavirus, taking the total in mainland China to 1,868. More than 72,000 people have now been infected in China and hundreds more abroad.
(RTTNews) - scPharmaceuticals Inc. (SCPH), which closed at a new 52-week high of $8.64 in the last trading session of Feb.14, has two late-stage programs with significant market potential.
British Prime Minister Boris Johnson's senior adviser, Dominic Cummings, said on Tuesday that people should read more about 'superforecasting' rather than paying attention to ignorant pundits after a Downing Street aide was forced to resign.
South Africa's rand extended losses on Tuesday to touch a fresh one-week low after rating agency Moody's halved the country's economic growth forecast, raising fears that the country may lose its last investment-grade rating.
(RTTNews) - Accor, a hospitality group, and Visa (V) form partnership that will deliver enhanced payment experiences to ALL-Accor Live Limitless loyalty members, Accor said.
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection.
Asian shares fell and Wall Street was poised to retreat from record highs on Tuesday after Apple Inc said it would miss its March quarter revenue guidance as the coronavirus slowed production and weakened demand in China.
South Africa's Kumba Iron Ore on Tuesday posted a rise in annual earnings, underpinned by higher iron ore prices and currency gains from a weaker rand exchange rate to the dollar.
Australia's Wesfarmers Ltd said on Tuesday it will sell 4.9% of Coles Group, the supermarket chain it spun off in 2018, suggesting it was a good opportunity to book some profits.
(RTTNews) - European stocks look set to open lower on Tuesday after iPhone maker Apple warned that its quarterly sales would miss forecasts due to production delays caused by the coronavirus outbreak.
Accor, Europe's largest hotel group, said on Tuesday it was joining forces with American card giant Visa to offer a payment card to members of its lifestyle loyalty programme named ALL-Accor Live Limitless.
Some Chinese property developers are turning to short-term debt for funds as home sales stall due to a spreading coronavirus outbreak, sharply reducing their cash flow.
Reuters
Checked
29 minutes 14 seconds ago
This feed is responsible for generating the rss feed related to the topic latest article