Minimalist lifestyle brand Muji's U.S. subsidiary has filed for Chapter 11 bankruptcy protection, its Japanese owner Ryohin Keikaku Co said on Friday, joining the list of casualties from the coronavirus pandemic.
A Philippine lower house committee on Friday rejected a request for a 25-year extension of the broadcast franchise of ABS-CBN Corp, a move that will ensure the media conglomerate that has angered President Rodrigo Duterte will stay off air.
Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis.
British engineer Senior Plc forecast a steep drop in first-half revenue on Friday and laid off another 12% of its staff as it deals with a downturn in the aerospace industry.
Having thought time was up on a rugby career that yielded 27 tests and a World Cup final, Greg Holmes will have butterflies in his stomach again when he runs onto the pitch wearing a Western Force jersey on Saturday.
South Africa's rand weakened early on Friday as global sentiment over chances of a quick coronavirus recovery soured, with infections continuing to surge amid downbeat economic data.
China's auto sales in June rose 11.6% from a year earlier, industry data showed on Friday, up for a third consecutive month as the world's biggest vehicle market comes off lows hit during coronavirus lockdowns.
Intrum, Europe's biggest debt collector, said on Friday its second-quarter results would be substantially above its previous outlook as its markets had bounced back faster than expected since the pandemic hit.
Hong Kong's Education Bureau on Friday announced the suspension of all schools from Monday after a spike in locally transmitted coronavirus cases that has fuelled fears of a renewed community spread in the city.
British engineer Senior Plc said on Friday it laid off another 12% of its staff and forecast a drop of about 30% in revenue for the first half as it deals with a steep downturn in the aerospace industry.
The yen rose to a two-week high and risk-sensitive currencies slid on Friday after a surge in new coronavirus infections in the United States further undermined the case for a quick turnaround in the economy.
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The yuan pulled back from a four-month high against the dollar on Friday as China's stock market rally ran out of steam, but the currency remains on course for its strongest weekly performance since at least January.
Hong Kong police said on Friday they arrested seven people for "assisting" a man suspected of stabbing a police officer during a protest against a new national security law on July 1.
Hong Kong is set to announce the suspension of all schools after a spike in locally transmitted coronavirus cases that has fuelled fears of a renewed community spread in the city, the South China Morning Post reported on Friday.
(RTTNews) - Indian shares opened on a cautious note Friday, tracking weak global cues and ahead of industrial production and retail inflation data due out later in the day.
Oil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns following a surge in coronavirus cases in the United States and elsewhere would suppress fuel demand.
(RTTNews) - Asian stock markets are in negative territory on Friday as the resurgence of new coronavirus infections in the U.S. and other parts of the world stoked concerns about the re-imposition of lockdown measures and dampened hopes of a global economic recovery. Investors a
Hong Kong police said on Friday they have arrested seven people for "assisting" a suspect in the stabbing of a police officer during a protest against a new national security law on July 1.
China's aviation industry sank further into the red, losing 34.25 billion yuan ($4.89 billion) in the second quarter, only slightly narrower than in the first quarter, underlining the colossal financial impact from the coronavirus pandemic.