India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to list the bonds on global indices and attract more foreign funds, according to two finance ministry sources.
Hong Kong's Cathay Pacific Airways Ltd plans to cut 30% of its global capacity over the short-term, including 90% of capacity to mainland China as it grapples with a sharp fall in demand due to the coronavirus epidemic, its CEO said on Tuesday.
Ferrari said on Tuesday its fourth-quarter core profit rose 22% to meet the Italian luxury carmaker's upgraded forecasts for last year.
A Milan court ordered Dutch lender ING to pay 30 million euros ($33.17 million) to settle a money-laundering case in Italy, a judicial source said on Tuesday.
Investment Executive | Donalee Moulton | Jan 31, 2020 Advisors beware: These innovations will soon be making their mark in Canada As 2019 drew to a close, a team of banking, finance and technology experts, together with California-based HMBradley Inc., launched HMBradley, a digital-banking platform. The intent: to reward users for positive financial behaviours. The
The surge on Tuesday comes after Tesla on Monday climbed nearly 20%, its biggest one-day gain in six years.
U.S. oil and gas producer ConocoPhillips reported a lower-than-expected quarterly adjusted profit on Tuesday and boosted its share buyback program by $10 billion.
Britain will ban the sale of new petrol and diesel cars from 2035 in an attempt to reduce air pollution, a step which accelerates a shift toward electric vehicles. Following are some of the possible challenges and consequences related to the decision:
At least half a dozen Venezuelan banks have begun storing in vaults millions of dollars and euros accumulated in cash by businesses during an unexpected economic liberalization by President Nicolas Maduro, according to sources.
Wind turbine maker Siemens Gamesa is acting fast to manage risks on its projects around the world to avoid a repeat of the delays that dragged it to a loss at the beginning of this year, Chief Executive Marcus Tacke said on Tuesday.
Indonesia said on Tuesday its plan to temporarily stop some imports from China over coronavirus concerns would only apply to shipments of live animals, and not all food and beverage products, a senior minister said.
Japan's Mitsui & Co sees China's coronavirus outbreak possibly slowing manufacturing activity, while slumping commodities prices, including iron ore, may weigh on its earnings, the trading house's executive said on Tuesday.
The surge comes a day after Tesla stock climbed nearly 20%, its biggest one-day gain in six years.
U.S. stock index futures jumped 1% on Tuesday, signaling a recovery for Wall Street from a sharp coronavirus-led pullback last week, with fresh intervention by China's central bank calming investor nerves.
Activist shareholder Starboard Value LP on Tuesday sent a letter to eBay Inc's board, saying the ecommerce company has not made enough progress in its plan to separate its classifieds business.