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Crude-oil futures fell in London trading on Wednesday morning, with Brent falling below $103 a barrel, after both benchmark contracts failed to breach May highs in the previous session.
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Malaysia's Petroliam Nasional Bhd. has deferred for another three quarters a decision to proceed with what the government describes as one of the country's most important oil-and-gas projects.
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South African retailer Massmart Holdings Ltd. (MMRTY, MSM.JO) said Wednesday that sales growth at its stores will "remain soft" for the rest of the year as consumers continue to struggle, but that...
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Southeast Asia's largest bank merger now depends largely on cooperation between Singaporean authorities and Indonesian politicians.
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The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented by the biggest monthly drop in...
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Danish jewellery company Pandora A/S (PNDORA.KO) said Wednesday its largest shareholder, investment company Prometheus Invest ApS, is selling 13 million shares in the company.
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U.K. stocks retreated from a 13-year high on Wednesday, after minutes from the Bank of England's latest meeting showed only a minority of members wanted to increase the bank's asset purchases.
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Larsen & Toubro Ltd. (500510.BY), India's biggest engineering and construction company by sales, Wednesday posted a 7% fall in its January-March net profit as a slowdown in the economy...
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The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented by the biggest monthly drop in...
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The Securities and Futures Commission said late Tuesday a former trader at Deutsche Bank AG violated the regulator's code of conduct, which resulted in a sudden fall in the price of HSBC Holdings...
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Japanese stocks ended at a fresh multiyear high Wednesday after the country's central bank raised its economic outlook, even as it left other elements of the monetary policy unchanged.
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Gulf airline Oman Air has ordered three Airbus A330-300 wide-bodied jets that it plans to operate on long-haul routes, Toulouse, France-based Airbus said Wednesday.
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Lloyds Banking Group PLC (LYG) said Wednesday that it is confident it can strengthen its capital position as demanded by the U.K. regulator without issuing new shares or being forced to convert...
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Airbus has won an order for three A330-300 aircraft from Oman Air, the national carrier of the Sultanate of Oman, the European planemaker said on Wednesday.
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The Swedish Riksbank said Wednesday it has decided to appoint Martin Floden and Cecilia Skingsley as new deputy governors of the central bank's executive board, succeeding Lars E.O.
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European stock markets slipped from multiyear highs in downbeat action on Wednesday, as investors stayed cautious ahead of comments from the U.S. Federal Reserve Chairman Ben Bernanke.
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Tower Resources PLC (TRP.LN), a sub-Saharan Africa focused oil company, Wednesday said that the recent Wingat-1 well drilling results from independent Brazillian oil company HRT Participacoes em...
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Philippine conglomerate San Miguel Corp. (SMC.PH) said Wednesday that it is looking to revive the stalled initial public offering of its power generation unit, SMC Global Power Holdings Corp.,...
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Britain's Rolls-Royce has won a contract to supply engines to power 23 Airbus aircraft ordered by U.S. leasing company CIT Aerospace, it said on Wednesday.
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Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the central bank would closely monitor moves in the government bond market and respond with flexibility in its purchases of government...
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Iluka Resources Ltd. (ILU.AU) said it is considering a spinoff of an iron-ore royalty worth around 850 million Australian dollars (US$833 million), underscoring how mining companies are taking a...
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UniCredit SpA (UCG.MI) said Wednesday an aggregate sale of 107,704,353 shares of Terna SpA (TRN.MI) was successfully completed.
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Crude oil futures fell on Wednesday following an overnight slip triggered by a stronger dollar and as caution prevailed ahead of U.S. Federal Reserve Chairman Ben Bernanke's testimony to Congress.
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Danish industrial conglomerate NKT Holding A/S (NKT.KO) Wednesday reported a slight drop in first-quarter net profit from a year earlier, weighed by lower revenue, but reiterated its earlier...
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U.K. power utility SSE PLC (SSE.LN) Wednesday posted 1.41 billion pounds ($2.14 billion) in full-year headline profits, a more-than-5% increase over the previous year, and it raised its dividend...
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Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe.
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Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for.
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Bristol Myers Squibb Co. was upgraded to buy from neutral by analysts at Citi in a note that published May 22. Citi also lifted its price target to $55 from $33 and increased its 2017 earnings per...
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Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for.
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Lloyds Banking Group PLC (LLOY.LN) said Wednesday it expects to meet its additional capital requirements without issuing further equity or additional contingent capital securities, citing the...
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PT Freeport Indonesia is uncertain when it will restart operations at its mines in the eastern province of Indonesia after a tunnel collapse in an underground training room last week killed 28...
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Kcell Joint Stock Company (KCEL.KX), the leading provider of mobile telecommunications services in Kazakhstan by market share in terms of revenue and subscribers, has appointed Ali Agan chief...
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Robinsons Retail Group, operator of retail chains including Toys "R" Us and Topshop in the Philippines, has appointed banks to manage an up to $800 million initial public offering that is poised...
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Roche Holding AG (ROG.VX) Wednesday told the IFCC Euromedlab in Milan, Italy that it will soon introduce the cobas 8100 automated workflow series, a new solution for use in diagnostic laboratories.
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After riding the resources boom into the realms of Australia's ultra rich, the wealthiest mining tycoons Down Under have lost more than 11 billion Australian dollars (US$10.77 billion) from their...
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Hong Kong stocks overcame tentative early trade to edge higher Wednesday, with property developers and Chinese banks rising in the wake of strong global and regional cues to offset losses for...
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GlaxoSmithKline PLC (GSK) said it would close an Australian tablet-packaging facility and lay off 120 workers, joining a string of manufacturers that have shut factories, slashed jobs and...
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GlaxoSmithKline PLC (GSK) said it would close an Australian tablet-packaging facility and lay off 120 workers, joining a string of manufacturers that have shut factories, slashed jobs and...
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Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share.
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Samsung Electronics Co. (005930.SE) will buy new shares in unlisted South Korean smartphone maker Pantech Co., making Samsung the third-largest Pantech shareholder with a 10% stake.
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The Bank of Japan held its policy unchanged at the end of its two-day meeting Wednesday, while saying that the economy was improving.
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The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation...
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Friday, May 24 Malaysia Wesak Day Markets, banks, businesses and government offices close.
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China's four largest banks issued 233 billion yuan ($38 billion) new loans in the first 21 days of May, up 30% from the same period a month earlier, the 21st Century Business Herald reported...
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Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from...
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Bank of Spain inspectors have detected that the banking sector is hiding part of their clients' real nonperforming loans by refinancing them once and again, reports El Mundo in its Wednesday...
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China's four largest banks issued 233 billion yuan ($38 billion) new loans in the first 21 days of May, up 30% from the same period a month earlier, the 21st Century Business Herald reported...
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Friday, May 24 Malaysia Wesak Day Markets, banks, businesses and government offices close.