South Africa's luxury game lodges are empty and safari vehicles gather dust, with borders closed and airlines struggling due to the coronavirus crisis.
Euro zone year-on-year inflation slightly rose in July and core indicators surged despite deflationary pressures amid the economic crisis caused by the COVID-19 pandemic, final data from the European Union statistics office showed on Wednesday.
Britain's Royal Navy and NATO allies have escorted nine Russian navy warships during heightened levels of activity in the waters close to the United Kingdom, the navy said in a statement on Wednesday.
London's FTSE 100 was largely unchanged in thin summer trading on Wednesday, hardly reacting to a surprise rise in domestic inflation last month and the British government's plan to ramp up COVID-19 testing.
Around 20 staff from state-owned China Minmetals Corp are being transferred to subsidiary MMG Ltd's new office in Beijing, the Australia-based miner said on Wednesday, as it sets up a marketing presence in the world's biggest metals consumer.
The dollar struggled on Wednesday, holding a whisker above a 27-month low hit overnight, after a record run for stocks on Wall Street added to pressure on the currency from simmering trade tensions between Washington and Beijing.
Indonesia's central bank kept its policy interest rate unchanged on Wednesday, prioritising market stability but loosened some lending rules to spur consumption in the pandemic-hit economy.
(RTTNews) - Asian stocks ended mixed on Wednesday as coronavirus worries persisted and investors kept a wary eye on the release later today of the minutes from the July FOMC meeting.
Chinese shares ended lower after three straight sessions of gains. The benchmark Shanghai Comp
Marriott International Inc, the world's largest hotel operator, is facing a London class action brought by millions of former hotel guests demanding compensation after their personal data was hacked in one of the largest data breaches in history.
First International Bank of Israel (FIBI), the country's fifth-largest bank by assets, reported lower quarterly earnings due to a steep increase in credit loss expenses stemming from the coronavirus pandemic.
Billionaire Bernard Arnault moved to shore up his influence in French conglomerate Lagardere by acquiring a 27% stake in Arnaud Lagardere's personal holding firm, as a battle over the future of the Lagardere business heats up.
(RTTNews) - A.P. Moller-Maersk A/S (AMKAF.PK, AMKBF.PK) reported that its second quarter profit from continuing operations increased year-on-year to $443 million from $154 million. EBITDA increased improved by 25% to $1.7 billion. Underlying profit from continuing operations was
South Africa's rand edged higher in early trade on Wednesday, extending the previous session's gains, on dollar weakness and sustained optimism over a further easing of the country's coronavirus lockdown.
Long-dated Japanese government bond (JGB) yields dipped on Wednesday, supported by signs of stabilisation in U.S. bonds and strong results of the Bank of Japan's buying in long-term JGBs.
European stocks slipped on Wednesday, failing to draw strength from a record run for Wall Street's S&P 500, as investors feared a resurgence in coronavirus cases could dent a nascent economic recovery in the continent.
(RTTNews) - Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said that it cut its 2020 refined copper production guidance, due to a delay in restarting a smelter at its Kennecott mine in Utah.
Banque de Commerce et de Placements SA, DIFC Branch, has sued China Aviation Oil (Singapore) Corp Ltd over an alleged fraudulent deal as the Swiss bank seeks to reclaim the $19 million it paid to CAO for a cargo, a court document showed.
Japan's Nikkei eked out small gains on Wednesday, as some technology firms rallied after U.S. tech giants drove the S&P 500 to a record peak overnight, and in dollar terms the benchmark is very close to reaching a three-decade high.
Maersk on Wednesday reinstated full-year guidance above its forecast at the beginning of the year, even as the shipping group expects demand for moving containers at sea to remain below normal levels in the third quarter.
PizzaExpress has decided to close 73 of its 449 UK restaurants due to coronavirus lockdowns and higher costs, a move that one of the country's best known restaurant chains said would impact 1,100 jobs.