Abu Dhabi Commercial Bank (ADCB) is in talks with troubled UAE hospital operator NMC Health to tackle the company's financial defaults, the bank said on Thursday.
Testing laboratory ALS Ltd said on Thursday an investigation found that about half the certificates it provided for export coal samples over the past decade had been manually altered to improve the quality of the coal.
The yuan fell to its lowest level in almost half a year on Thursday after the White House's dire warning on the prolonged spread of the coronavirus hurt sentiment and drove investors back to the safety of the U.S. dollar.
Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world's largest economy ahead of another likely record week of jobless claims.
India's manufacturing activity expanded at its slowest pace in four months in March and is likely to get worse as demand and output take a hit from the coronavirus outbreak, putting a severe dent in business optimism, a private survey found.
The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
A handful of U.S. bond funds with heavy exposure to energy debt managed to beat their benchmark in March by avoiding the most calamitous corners of an industry waylaid by a crash in prices that dragged crude to 18-year lows.
Delivery Hero, one of the world's top online food delivery marketplaces, announced measures on Thursday to support restaurants that are trying to survive coronavirus lockdowns by ramping up deliveries to consumers stuck at home.
What happened
Shares of MercadoLibre (NASDAQ: MELI), the Latin American e-commerce operator, were sliding last month in tandem with the coronavirus-related sell-off. Though there was no specific news out on the company, investors saw the spreading pandemic, which is just start
(RTTNews) - The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had gathered almost 75 points or 7.3 percent. The Stock Exchange of Thailand now rests just above the 1,10-point plateau and it's likely to
The vast, glitzy gaming halls of Macau are open, but thousands of baccarat tables are empty. The world's biggest gambling hub has barred entry to most travellers and hotels are being used to isolate new arrivals in case they have been infected by coronavirus.
(RTTNews) - Novartis said that it will terminate a sale of the Sandoz US generic oral solids and dermatology businesses to Aurobindo Pharma USA Inc. The decision was taken as approval from the U.S. Federal Trade Commission for the transaction was not obtained within anticipated
Australia-based testing laboratory ALS Ltd said on Thursday that up to half of the analysis certificates for coal samples by its assaying unit were altered by hand without justification, according to an independent investigation.
(RTTNews) - The Indonesia stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had skyrocketed more than 600 points or 13 percent. The Jakarta Composite Index now rests just above the 4,465-point plateau and it's expec
Bucking a recent trend of publicly traded companies that are suspending dividends, McCormick (NYSE: MKC) has declared a fresh payout. The company announced Wednesday it will again dispense a quarterly dividend of $0.62 per share, for a yield of just under 1.8%. This will be paid
(RTTNews) - The Japanese stock market is extending losses on Thursday from the previous session and the safe-haven yen strengthened following the overnight sell-off on Wall Street amid worries about the rising death toll related to the coronavirus pandemic.
Asian equities fell for a second session on Thursday, after a dire warning about the U.S. coronavirus death toll had investors looking to the safety of dollars and bonds and bracing for more bad news from U.S. jobless figures.