Stock markets in the Gulf were mixed on Monday after firmer oil prices, a key catalyst for financial markets in the Middle East, partially countered heightened risks of a more hawkish monetary policy in the United States and Europe.
HONG KONG (Reuters Breakingviews) - Beijing has conceded to U.S. demands which could theoretically let $1.5 trillion of New York equities skip delisting. However, a large swathe of Chinese companies will still leave New York, willingly or otherw
French bosses are prepared to make efforts to meet a government demand to cut energy consumption by around 10% to avoid rationing amid soaring prices and fears of power shortages as the war in Ukraine grinds on, their chief said on Monday.
(RTTNews) - Israeli drug manufacturer Teva Pharmaceutical Industries Ltd. (TEVA) announced Monday that the European Commission has granted a Marketing Authorization for Ranivisio (ranibizumab), a biosimilar of the ophthalmology treatment Lucentis across all five indications in ad
U.S retail giant Walmart Inc, which owns a majority stake in Massmart, has proposed to acquire the rest of shares in the company in a deal valued at 1.34 billion rand ($78.93 million), the South African retailer said on Monday.
Indonesia will reallocate 24.17 trillion rupiah ($1.62 billion), or nearly 5%, of its fuel subsidy budget to social spending, including cash handouts to 20.65 million households, its finance minister said on Monday.
Thailand and Vietnam have agreed to cooperate in raising the price of rice in the global market, a Thai agricultural official said on Monday, following months of talks aimed in part at improving rural incomes.
Communities around Rio Tinto's shuttered copper mine in Bougainville face a serious threat of flooding due to unstable mine instrastructure, an interim report commissioned by the mining company said on Monday.
The Indian rupee pulled back from a record low on Monday due to likely dollar sales from the Reserve Bank of India, as a hawkish U.S. Fed stance hurt Asian currencies.
Equity markets have, at last, started listening to central bank policymakers, now increasingly singing from the same hymn sheet, but stocks don't like the tune.
Novartis said on Monday its Scemblix was approved by the European Commission for adult patients with chronic myeloid leukemia (CML), offering a new treatment approach for patients with intolerance to other therapies.
Asian shares slid on Monday as a mounting risk of more aggressive rate hikes in the United States and Europe shoved bond yields and the dollar sharply higher while also stoking fears of a global recession.
Japanese automaker Honda Motor Co plans to set up a new lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd, the Nikkei business daily reported on Monday.
(RTTNews) - European stocks look set to open lower on Monday, with worries about the Fed's aggressive rate hiking cycle and weakening growth prospects in China likely to keep underlying sentiment cautious.
(RTTNews) - KKR & Co. Inc. (KKR) said that it has unveiled Highways Infrastructure Trust. It is KKR's third infrastructure investment trust in India, in addition to Virescent Renewable Energy Trust, and India Grid Trust, a leading transmissions infrastructure investment trust. To
Malaysian palm oil futures climbed more than 1% on Monday, as top producer Indonesia raised its export tax reference price, but expectations of higher supply capped gains.
Asian shares slid on Monday as the mounting risk of more aggressive rate hikes in the United States and Europe shoved bond yields higher and tested equity and earnings valuations.
Profits at China's industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages due to heatwaves threatened production.
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