Saudi Arabian state oil group Aramco on Tuesday reported a 44.6per cent drop in third-quarter net profit, in line with analysts' estimates, hit by lower crude oil prices and volumes sold, and weaker refining and chemicals margins as the coronavirus depressed demand.
Drugs and farming pesticides maker Bayer said the costs of its settlement over claims its Roundup weedkiller causes cancer, initially put at US$11 billion, would be US$750 million higher.
The battered dollar’s long-term fortunes are unlikely to improve regardless of who wins Tuesday’s U.S. presidential election, investors and analysts said.
On Tuesday night, James McDonald plans to sit among 19 computer screens in his Los Angeles office, waiting for the right moment to pounce on what he hopes will be one of his most profitable trades of the year.
Deutsche Bank AG is looking for ways to end its relationship with President Donald Trump after the U.S. elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter.
Australia's central bank slashed interest rates to historic lows and ramped up its huge bond-buying programme Tuesday in a push to help revive the country's pandemic-hit economy as it emerges from lockdowns.
Twitter Inc late on Monday flagged a tweet by U.S. President Donald Trump in which he called a Supreme Court decision on voting in Pennsylvania "very dangerous."
Twitter Inc late on Monday flagged a tweet by U.S. President Donald Trump in which he called a Supreme Court decision on voting in Pennsylvania "very dangerous."
Twitter Inc late on Monday flagged a tweet by U.S. President Donald Trump in which he called a Supreme Court decision on voting in Pennsylvania "very dangerous."
A sharp fall in passenger flights due to the coronavirus pandemic combined with rising e-commerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into the peak Christmas season.
