German luxury carmaker Porsche expects profitability to tick downwards in 2024 as it focuses on launching four new models, the company said on Tuesday, posting full-year results largely in line with expectations despite market volatility.
German chemicals maker Wacker Chemie said on Tuesday it expected a slight dip in sales for 2024 between 6 billion and 6.5 billion euros and anticipates its business development to slow slightly compared to last year.
A ship taking almost 200 tonnes of food to Gaza left a port in Cyprus early on Tuesday in a pilot project to open a new sea route for aid to a population on the brink of famine.
Most Asian currencies were subdued on Tuesday as traders refrained from making fresh bets ahead of a key U.S. inflation report that could influence the Federal Reserve's rate trajectory.
(RTTNews) - Skanska AB (SKSBF.PK), a Swedish construction company, Tuesday said it has signed a contract with an existing client to build a data center in Virginia, USA. The contract is worth $242 million or about 2.5 billion Swedish kronor.
The yen was headed for its sharpest daily decline against the dollar in a month on Tuesday as the latest comments from Japanese officials dampened bets of an imminent policy pivot by the Bank of Japan as early as next week.
Japan's Nikkei share average extended declines on Tuesday as investors made adjustments ahead of U.S. inflation data and weighed stronger expectations that the Bank of Japan (BOJ) could make an historic policy shift next week.
Australia's Core Lithium said on Tuesday CEO Gareth Manderson will step down after more than a year in the role, as part of a strategic review, and finance chief Doug Warden has been appointed as the interim chief.
Italy's top insurer Generali said on Tuesday it had posted its best profit ever in 2023 thanks to the contribution of all its divisions, especially its property and casualty business.
Chinese data centre developer and operator GDS Holdings said it had been in discussions with several private equity investors on investing in its operations outside the country.
Chinese billionaire entrepreneur and Olympic champion Li Ning is considering taking his namesake sportswear company private from the Hong Kong stock exchange, four people said, adding to a string of such potential deals in a faltering market.
The convergence of USD/ZAR technicals with an improving South African domestic backdrop and the prospect of a May or June U.S. rate cut might lift the rand to new 2024 highs and drop USD/ZAR below 18.2700, the low from January 2.
TAG Immobilien, one of Germany's biggest listed landlords, swung to a $449 million loss in 2023 as Europe's largest economy goes through its worst real-estate crisis in decades, figures on Tuesday showed.
(RTTNews) - Browning West, LP, which is a long-term shareholder of Gildan Activewear Inc. (GIL, GIL.TO) and beneficially owns approximately 5.0% of the company's outstanding shares, said it has filed a lawsuit with the Superior Court of Quebec - Commercial Division against Gild
(RTTNews) - Extending the strong losses in the previous session, the Japanese stock market is significantly lower on Tuesday, with the Nikkei 225 retracting from recent all-time highs to fall below the 38,400 level, following the mixed cues from global markets overnight, with los
New Zealand's Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder of a LATAM Airlines Boeing 787 after an incident that left more than 50 people injured.
(RTTNews) - Cognition Therapeutics Inc. (CGTX) said that it has priced an underwritten public offering of about 6.57 million shares of its common stock at an offering price of $1.75 per share of common stock.
(RTTNews) - Everest Medicines' licensing partner Calliditas Therapeutics AB (CALT) announced that the U.S. FDA has granted an orphan drug exclusivity period of seven years for Nefecon, expiring in December 2030 based on Calliditas obtaining full approval with a new indication for
The dollar held broadly steady on Tuesday ahead of key U.S. inflation data due later in the day, while the yen firmed near a one-month high on mounting expectations the Bank of Japan could exit negative interest rates as early as next week.
China Vanke's shares are have opened down 1% in Hong Kong on Tuesday after Moody's said the property company's rating would now be considered for junk status.