Kenya's private sector activity bounced back in February to record its first expansion since August, helped by easing inflation and gains in agriculture, manufacturing and services, a survey showed on Tuesday.
(RTTNews) - Schaeffler AG (SCFLF.OB), a German manufacturer of rolling element bearings, reported Tuesday that its fiscal 2023 net income attributable to shareholders of the parent company amounted to 310 million euros, down from last year's 557 million euros.
Most nonferrous metals prices in London fell on Tuesday, on a firmer dollar and disappointment from the lack of fresh supportive measures in top consumer China.
Shoprite, South Africa's biggest supermarket group, reported a 7.6% rise in its half-year profit on Tuesday, supported by a record Black Friday and festive season as cash-strapped shoppers and upmarket consumers went after food deals.
Norsk Hydro's renewable energy unit Hydro Rein has agreed with Swedish renewables developer IOWN Energy to buy an 80% stake in a 2.4 gigawatt portfolio of planned wind power projects in Sweden and Norway, it said on Tuesday.
British food-to-go retailer Greggs said it expected another year of growth in 2024 after it posted a 13% rise in profit last year, helped by extending its opening hours into the evening and expanding in food delivery.
South African private sector activity expanded in February for the first time in six months as staffing and purchasing levels increased amid stronger confidence, a survey showed on Tuesday.
Foreign investors returning to China's recuperating stock markets say spending plans announced on Tuesday are not enough to turn battered sentiment around, and the main reason to keep buying shares for now is because they are cheap.
Sugar production in Brazil's main Centre-South growing region is forecast to fall 4.4% to 40.8 million metric tons in the 2024/25 season, BP Bunge Bioenergia Chief Executive Officer Geovane Consul said on Tuesday at a sugar conference in Dubai.
Fosun International is looking to sell all or part of its luxury resort Atlantis in southern China as part of its efforts to reduce debt, three people with knowledge of the matter said.
Dubai's Parkin, which oversees public parking operations in the emirate, has set the price for its planned initial public offering (IPO) at 2 to 2.1 dirhams ($0.57) per share, it said on Tuesday.
Indian government bond yields continued to move sideways in early trading on Tuesday, with traders eyeing major triggers and awaiting a fresh supply of debt via states, while U.S. yields reversed some of their recent declines.
(RTTNews) - Indian shares were a tad lower on Tuesday, mirroring weak cues from other Asian markets after China set this year's GDP growth target at 5 percent.
(RTTNews) - Asian stock markets are mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders largely stayed on the sidelines ahead of US Fed Chair Jerome Powell's testimony before the House Financial Services Committee later in the day a
Shares of India's IIFL Finance fell 20% to the bottom of an exchange-mandated limit on Tuesday, a day after the country's central bank barred it from offering gold loans, citing "material supervisory concerns" in its portfolio.
Sprinting through the surf, veteran lifesaver Nixy Krite and her teammates jump into an inflatable rescue boat on a sunny morning on Sydney’s iconic Bondi Beach.
Shares of Tata Motors advanced 4% in early trade on Tuesday, a day after the Indian automaker said it will split into two listed companies, separating its commercial vehicle business from its passenger vehicle arm.
Thailand's headline consumer price index (CPI) dropped by 0.77% in February from a year earlier, a fifth consecutive month of falls, the commerce ministry said on Tuesday.
Reuters
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