Chemicals behemoth Saudi Basic Industries Corp. reported a 3.8% increase in quarterly earnings, but warned profit margins will remain “under pressure” as costs climb.
Oil slipped after posting its biggest gain in more than a week on Monday as investors monitored US-Iran nuclear talks and the outlook for demand amid an economic slowdown.
Chinese e-commerce giant Alibaba Group Holding Ltd. let go of 9,241 employees in the three months to June, according to the company’s latest filing.
(Bloomberg) -- Stocks struggled to make headway in Asia on Tuesday and bonds were firm, a pattern reflecting concerns about the outlook for economic growth as central banks hike interest rates to curb runaway inflation.
British International Investment Plc will focus its funding in Kenya to companies in three industries critical to the East African nation’s economy.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}