As droughts worsen across the world, investors are turning up the heat on companies wasting water and trying to pick winners from a sparse crowd of specialist listed companies looking to address the problem.
The small factories in the western Japanese city of Higashiosaka for decades fuelled the thundering rise of the country's biggest brands - but a weak yen and rising costs have accelerated a slow decline, and are reshaping the industrial heartland.
With alternative energy projects stalled in Mexico due to controversial energy reforms, companies are increasingly turning to smaller-scale renewable options that allow businesses to cut carbon emissions while dodging fights with Mexican regulators.
Credit Suisse on Monday named Dixit Joshi as chief financial officer from Oct. 1 and Francesca McDonagh as group chief operating officer from Sept. 19, another top management reshuffle following the appointment of Ulrich Koerner as chief executive last month.
Tokyo Steel Manufacturing Co Ltd said on Monday it will cut steel product prices by up to 6.5% in September from this month, reflecting weak local market conditions amid slackened demand from automakers.
Philippine President Ferdinand Marcos Jr asked Congress on Monday for a record 5.29 trillion pesos ($94.40 billion) government budget in 2023 to support an ambitious policy agenda aimed at boosting growth and lifting millions out of poverty.
(RTTNews) - Indian shares were sharply lower on Monday, mirroring weak global cues after another Federal Reserve official flagged the likelihood of continued aggressive monetary tightening.
Thailand's economy is expected to grow by 3.0% to 3.5% this year, helped by public investments and a pick-up in the vital tourism sector, the finance minister said on Monday.
Shares of Australian Adbri Ltd slid 20% on Monday, after the cement maker posted a sharp drop in half-year profit hit by a rise in production costs amid high inflation.
The Australian and New Zealand dollars were trying to pick up the pieces on Monday after last week's drubbing as speculators took profits on short positions, though a fresh fall in the yuan seemed to bode ill for both commodity currencies.
U.S. President Joe Biden's administration will press ahead with talks on releasing billions of dollars in Afghanistan's foreign-held assets despite the late al Qaeda leader's presence in Kabul and foot-dragging by the Taliban and Afghan central bank, according to three sources with knowledge of the situation.
Australia's Link Administration Holdings Ltd on Monday said that its shareholders voted in favour of Canadian Dye & Durham Ltd's revised offer of A$4.81 per share, that valued the share registry company at A$2.47 billion ($1.70 billion).
Try holding your credit card up to your ear, real close. You might hear the soft tick, tick, tick of your interest rate going up. Back on May 4, average U.S. credit card interest rates clocked in at 16.41%, according to financial information site Bankrate. By July 6, 17.01%. By August 17, 17.67%.
China's Sichuan province will extend curbs on industrial power consumers until Aug. 25 as it tries to deal with dwindling hydropower output and surging household electricity demand following a long heatwave, financial news service Caixin said.
Japan's Hino Motors, already under scrutiny for emissions data falsification for large trucks, has had similar problems for small trucks, the Nikkei business daily reported on Monday.
(RTTNews) - The Singapore stock market on Friday ended the two-day winning streak in which it had picked up almost 20 points or 0.6 percent. The Straits Times Index now rests just above the 3,245-point plateau and it may take further damage on Monday.