Zambia's economy will grow by more than 3% in 2020 from around 2% last year, Finance Minister Bwalya Ng'andu said on Wednesday, while the fiscal deficit is set to remain elevated as the government borrows more to fund spending.
(RTTNews) - Shares of Casino operator Twin River Worldwide Holdings, Inc. (TRWH) jumped $2.90 or 10.89% on Tuesday followed by fourth-quarter revenue outlook, better than the consensus estimate. The stock closed the day's trade at $29.54 and has been trading in a range of $20.35
Indian firms are ramping up issuance of dollar-denominated bonds this year to exploit a rising global appetite for high-yielding debt and the relaxation of domestic rules on the use of funds raised, data from Refinitiv showed on Wednesday.
Russian steel producer NLMK said on Wednesday its fourth-quarter core earnings fell 43% year-on-year as revenues slipped on weak global steel prices as well as major repairs to a key blast furnace at the company's Lipetsk site.
Angela Jones is on a cruise to nowhere. For nearly two weeks, the business consultant from the U.S. state of Georgia has been at sea on board the MS Westerdam, a ship of healthy passengers which has been turned away by Japan, Taiwan, Guam and the Philippines over fears that someone on the cruise may have the coronavirus.
Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen ($91.02 million) in damages over his alleged financial misconduct.
Plus500 Ltd on Wednesday reported a plunge in 2019 profits, but the online trading platform's performance in the second half improved due to higher market volatility.
German fund manager Union Investment is buying Logistrial for 800 million euros ($872 million) after a failed stock market listing of the commercial property firm in autumn. [nL5N26F46F]
The Formula One Chinese Grand Prix will not take place as scheduled on April 19 due to the outbreak of the coronavirus, The Times and other media outlets reported on Wednesday.
Online classifieds group Adevinta could spend parts of its growing cash pile on acquisitions in European markets, the company's chief executive told Reuters on Wednesday.
Babcock International nudged down its guidance for annual underlying operating profit and wrote down the value of its oil and gas transportation business in the latest blow to the British engineer.
(RTTNews) - Dunelm Group plc (DNLM.L), a homewares retailer, reported Wednesday that its first-half profit before tax increased 19.4 percent to 83.6 million pounds from 70.0 million pounds last year. Earnings per share grew 20.7 percent to 33.2 pence from 27.5 pence in the prior
South Africa's Tiger Brands expects half-year headline earnings to fall as much as 36% and hopes to sell its Value Added Meat Products (VAMP) business after March, it said on Wednesday.
Rovio Entertainment, the maker of the 10-year-old "Angry Birds" mobile game series, reported on Wednesday a 96% drop in its quarterly profit year-on-year, burdened by its 5G gaming platform Hatch and increased user acquisition costs.
(RTTNews) - Dutch supermarkets and eCommerce company Ahold Delhaize N.V. (ADRND.PK, AHODF.PK) reported Wednesday that its fourth-quarter net income grew 6.9 percent to 544 million euros from last year's 509 million euros.
The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.
Online trading platform Plus500 Ltd on Wednesday reported a plunge in 2019 profits, but said trading volumes rose with market volatility in the second half.
A drop in the euro/dollar exchange rate to a four-month low raises the prospect of a repricing of one of the world’s most important macro-economic metrics and a potential re-rating of the U.S. currency across the globe.
South Africa's rand extended its winning streak early on Wednesday, reaching its firmest in three sessions as a return of global demand for riskier assets offset more dismal local data.