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Mitsubishi UFJ Financial Group said on Wednesday it has put oil sands extraction and drilling for crude oil and gas in the Arctic on its "restricted transaction" list, potentially a further tightening on financing fossil fuels by Japanese banks.
(RTTNews) - Indian shares posted strong gains on Wednesday after Prime Minister Narendra Modi announced a massive new financial package on top of the previously announced measures for a combined stimulus of Rs 20 lakh crore to revive the coronavirus-hit economy.
Most consumers -- particularly in the United States -- know Procter & Gamble (NYSE: PG) pretty well -- or at least its product line. The company owns an array of leading brands like Pampers diapers, Tide detergent, and Gillette razors, just to name a few. The consumer staple
(RTTNews) - Asian stocks ended mixed on Wednesday as rising tensions between the U.S. and China over the novel coronavirus pandemic as well as deteriorating relations between Canberra and Beijing kept investors on the sidelines.
JPMorgan expects more consolidation among Gulf companies this year in sectors such as banking, real estate and hospitality, but it sees no liquidity crunch in the region, despite the twin blow of the new coronavirus and low oil prices.
(RTTNews) - CropEnergies AG reported operating profit of 104 million euros in the 2019/20 financial year compared to 33 million euros, previous year. EBITDA doubled to 146 million euros from 72 million euros. The company said the main reason for the increase in earnings was an i
(RTTNews) - European stocks are set to open lower on Wednesday amid renewed U.S.-China trade tensions after reports the U.S. Senate may pass a bill sanctioning certain Chinese officials over human rights abuses against Muslim minorities.
(RTTNews) - German lender Commerzbank AG (CRZBY.PK) reported Wednesday that its first-quarter net loss attributable to shareholders was 295 million euros, compared to last year's profit of 122 million euros, hurt by impact from Coronavirus pandemic.
China's Foran Energy Group, formerly known as Foshan Gas Group, bought a liquefied natural gas (LNG) cargo in the spot market in a rare move, four traders said on Wednesday.
Germany's Commerzbank on Wednesday said that it swung to a first-quarter loss, as the lender undergoes a restructuring and deals with the fall-out of the coronavirus outbreak.
Gold held steady on Wednesday as market participants stayed away from making big bets ahead of a speech by Federal Reserve Chairman Jerome Powell amid rising speculation the United States could one day adopt negative interest rates.
England speedster Jofra Archer says piping in music or crowd noise would help cricketers get used to playing in empty venues during the COVID-19 pandemic but the experience will show just how crucial fans are to the game.
Malaysia's economy recorded growth in the first quarter, confounding expectations for a contraction even as the coronavirus pandemic took a toll on exports and domestic demand.
Dutch bank ABN Amro on Wednesday reported a 395 million euro ($428 million) loss for the first quarter of 2020, hit by loan provisions of 1.1 billion euros, including what it said were losses on two large individual client files.
Nissan Motor Co plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales that could complicate its recovery from years of poor profitability.