(RTTNews) - Logitech International (LOGI) slightly updated its fiscal 2020 earnings outlook to $365 million to $375 million in non-GAAP operating income, compared to prior outlook of $375 million to $385 million. The company reconfirmed its sales outlook of mid to high single-di
(RTTNews) - European stocks look set to open higher on Tuesday, a day after the European Central Bank said it stands "ready to take appropriate and targeted measures" to cope with a widespread coronavirus outbreak.
Profit margins in China's crude oil refining sector plunged 42% in 2019 from a year earlier, the steepest fall in 5 years, an industry body said on Tuesday, warning that overcapacity is a growing problem.
(RTTNews) - Waymo, a self-driving technology company, announced its first external investment round, adding financial investors and important strategic partners. The $2.25 billion initial investment was led by Silver Lake, Canada Pension Plan Investment Board, and Mubadala Inves
Norway's Telenor will see moderate growth in revenue and earnings in coming years as the company continues to slash costs and rolls out 5G telecoms networks, it said on Tuesday
Baoshan Iron & Steel Co Ltd, China's top listed steel producer, said on Tuesday it would issue bonds worth up to 3 billion yuan ($430 million), partly to boost working capital amid the coronavirus outbreak.
(RTTNews) - Genentech, a member of the Roche Group (RHHBY), said that the U.S. Food and Drug Administration has granted Breakthrough Therapy Designation to Esbriet or pirfenidone for adults with unclassifiable interstitial lung disease or uILD.
Like millions of other Indonesians, Gandi Iswara had for years carried a wad of currency notes for dropping into donation boxes after prayers at mosques in suburban Jakarta.
Swiss industrial group OC Oerlikon on Tuesday reported full-year revenue and core profit that were below analysts' expectations, citing challenging market conditions.
Three big U.S. banks have publicly announced break-ups with Arctic drilling in recent months, reflecting Wall Street's increasing desire to cast itself as environmentally friendly amid a political firestorm in Alaska.
Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.
Indian shares rose on Tuesday after seven straight sessions of losses, lifted by expectations that major central banks would take measures to mitigate the economic impact of the coronavirus outbreak.
The Group of Seven industrial powers are crafting a statement for their finance leaders to issue on countering the impact of the coronavirus, but for now it does not specifically call for new government spending or coordinated interest rate cuts by central banks, a G7 official with direct knowledge of the deliberations told Reuters on Tuesday.
Activity in Egypt's non-oil private sector remained in contraction during the month of February, a survey showed on Tuesday, as output fell for the seventh consecutive month, albeit at a slower rate.
(RTTNews) - Indian shares opened sharply higher on Tuesday, with positive global cues lending support after the European Central Bank joined the chorus of central banks signaling a readiness to deal with the growing threats from the coronavirus outbreak.
India's housing market is likely to struggle throughout 2020 as sluggish demand and a weak economic outlook overpower recent government measures efforts to boost activity, a Reuters poll of market experts found.
SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm in a meeting with U.S. investors on Monday, but offered few concrete concessions.
Reuters
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