The rouble jumped on Wednesday to its strongest mark in seven years against the dollar and euro, supported by capital controls, a favourable upcoming tax period and Russia's trade surplus.
The Thai baht hit a fresh five-and-a-half-year low on Wednesday amid broader market weakness, which also kept other regional currencies under pressure, as investors fretted over higher global interest rates and rampant inflation.
Bharat Petroleum Corp Ltd (BPCL) has shut half of its crude processing capacity at its 240,000 barrels per day (bpd) Mumbai refinery in western India since June 10 to carry out maintenance, a company spokesman said.
Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus and Qatar's national carrier.
The books in the initial public offering (IPO) of Italy's De Nora are oversubscribed on the full deal size, including the greenshoe option, a memo from one of the bookrunners showed on Wednesday.
Sri Lanka will call China, India and Japan to a donor conference to drum up more foreign assistance to find a way out of its worsening economic crisis, the prime minister said on Wednesday, amid ongoing talks with the International Monetary Fund (IMF).
The Universal Beijing Resort said on Wednesday it will reopen on June 25 after being closed for nearly two months, as the number of new COVID-19 cases in the Chinese capital falls.
Australian buy now, pay later company Zip Co Ltd said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from soaring inflation and rising interest rates on its business.
The Turkish consumer confidence index dropped 6.2% to 63.4 points in June, official data showed on Wednesday, hitting a fresh record low as surging inflation and a beleaguered lira weighed further on sentiment.
Dalian iron ore futures tumbled on Wednesday to their lowest in 16 weeks, while a sell-off resumed in Singapore, as worries grew about an oversupply of steel in China, the world's biggest producer of the manufacturing and construction material.
The Spanish government intends to cut the value-added tax charged on electricity bills further, to 5% from the current 10%, Prime Minister Pedro Sanchez said on Wednesday.
Australian shares ended a choppy session lower on Wednesday, with mining and gold stocks leading the fall on weak commodity prices, while interest rate hikes and broadening inflationary pressures across the globe kept investors on edge.
(RTTNews) - Bluefield, West Virginia -based Deskins Candies is recalling select candies that contains the recently recalled JIF peanut butter from ingredient supplier J. M. Smucker Co. The U.S. Food and Drug Administration said the recall was due to the potential for salmonella c
(RTTNews) - Indian shares opened lower on Wednesday, tracking weak Asian markets and a decline in U.S. stock futures as investors awaited a key testimony by Fed Chair Jerome Powell due later in the day.
Ratings agency S&P Global downgraded Greenland Holdings to "selective default" on Wednesday, after the Chinese state-backed property developer extended by one year the maturity of its $500-million bonds originally due on June 25.
Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who leaves after just six months in the role.
Alphabet reopened Google News in Spain on Wednesday, eight years after it shut down the service because of a Spanish rule forcing the company and other news aggregators to pay publishers for using snippets of their news.
Dalian iron ore futures tumbled on Wednesday to their lowest in 16 weeks, while a sell-off resumed in Singapore, as worries grew about an oversupply of steel in China, the world's biggest producer of the manufacturing and construction material.
Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus and Qatar's national carrier.