Switzerland's competition watchdog has launched an investigation into Swisscom following suspicions the telecoms company is abusing its market position in the area of broadband communications.
(RTTNews) - European stocks are likely to open higher on Tuesday, with another record close on Wall Street overnight and signs of progress in U.S.-China trade negotiations likely to help underpin investor sentiment.
India's rupee opened around 1% above levels from a day earlier on Tuesday after traders reported a halt in a run of central bank interventions aimed at keeping the currency weak to support its stuttering economy.
Indonesia's economic recovery was "very fragile" and could reverse as shown by tax revenue data in July, the country's finance minister said on Tuesday, warning that the economy faced a struggle to avoid a recession.
South Africa's Imperial Logistics Ltd reported a 65% fall in full-year earnings on Tuesday, largely due to the impact of COVID-19 on revenue, associated once-off costs and impairments and further restructuring at home.
Switzerland's competition watchdog has launched an investigation into Swisscom following suspicions the telecoms company is abusing its market position in the area of broadband communications.
Spectacles maker EssilorLuxottica said on Tuesday that it may appeal against an earlier court verdict regarding its planned takeover target GrandVision, after it lost a Dutch court case which could jeopardise the deal.
Swiss financial infrastructure group SIX said on Tuesday it expected to achieve operating income of about 1.3 billion Swiss francs ($1.43 billion) and substantially improved profitability this year, as it expands its product offering and customer base following the takeover of Spanish rival BME.
South Korea's central bank will likely keep interest rates on hold on Thursday as the central bank weighs concerns about rising household debt and property prices with the need to support a coronavirus-hit economy.
Credit Suisse on Tuesday announced further measures in the revamp of its Swiss retail business, saying it intends to generate 100 million Swiss francs ($110 million) in annual savings by merging subsidiary Neue Aargauer Bank with Credit Suisse (Schweiz).
(RTTNews) - EssilorLuxottica (ESLOF.PK, ESLOY.PK) said the Dutch District Court has dismissed the company's demands for disclosure of information from both HAL and GrandVision on how GrandVision conducted business during COVID-19. EssilorLuxottica said it is studying the judgmen
(RTTNews) - Stockland Corp. Ltd. (SGP.AX, STKAF.PK), an Australian property company, reported that its fiscal 2020 funds from operations or FFO was A$825 million, down 8 percent from last year, largely due to COVID-19 impacts on operations.
Taiwan will not allow Chinese companies to "pull a fast one" by using indirect methods to bypass rules and regulations to operate in the island's market, Premier Su Tseng-chang said on Tuesday.
Spectacles maker EssilorLuxottica said on Tuesday that it may appeal against an earlier court verdict regarding its planned takeover target GrandVision, after it lost a Dutch court case which could jeopardise the deal.
Workers at Indonesia's Grasberg gold and copper mine operated by the local unit of Freeport-McMoRan Inc extended a protest into a second day on Tuesday as they demanded an easing of a coronavirus lockdown
Qantas Airways Ltd said on Tuesday it planned to cut up to 2,500 jobs by outsourcing its Australian ground handling operations to lower costs as it braces for a A$10 billion ($7.17 billion) hit to revenue due to the pandemic this financial year.
Japan's Nagashiki Shipping, which owns the bulk carrier that ran aground on a reef in Mauritius and caused a large oil spill, said on Tuesday it has completed scuttling of the front part of the vessel on Monday as instructed by local authorities.
Australian employment fell by 1% over the month to Aug. 8, data showed on Tuesday, with job prospects particularly hard hit in the southeastern state of Victoria as it grapples with a fresh wave of coronavirus infections.
The U.S. Food and Drug Administration (FDA) is not made up of "deep state" elements that are trying to delay a coronavirus vaccine as President Donald Trump has suggested, the agency's commissioner told Reuters on Monday.
Japanese shares rose on Tuesday, trading close to levels before the COVID-19 crisis hammered markets early this year, as new developments on the COVID-19 vaccine and treatment fronts lifted sentiment and spurred hopes of a quicker economic recovery.
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