Author: KMFSLLP

The UK Serious Fraud Office has closed a three-year bribery and corruption investigation into the British subsidiaries of Swiss engineering company ABB, it said on Tuesday.

Indonesia's central bank kept its policy rate steady on Tuesday to bolster market stability, but pledged to maintain ample cash in the financial system and said there was room to cut rates in the future to cushion Southeast Asia's biggest economy. ​ The move to leave Bank Indonesia's 7-day reverse...

The Norwegian economy is well positioned to weather the sharp downturn caused by the novel coronavirus outbreak, central bank Governor Oeystein Olsen told a hearing in parliament on Tuesday.

* Shares fall as much as 4.8% (Adds CEO quotes from interview, shares, background)

The Norwegian economy is well positioned to weather the sharp downturn caused by the novel coronavirus outbreak, central bank Governor Oeystein Olsen told a hearing in parliament on Tuesday.

Hiring grinds to a halt and average pay falls between March and April as pandemic hits economy

Hiring grinds as to a halt and average pay falls as pandemic hits economy

Malaysia's state-owned cargo carrier MAB Kargo has seen "impressive" profits since February, its CEO told Reuters, helped by the country's role as the world's biggest producer of medical gloves.

Investors are bearish on stocks, especially riskier assets, and expect a slower economic recovery as the risk of a second wave of infections from the novel coronavirus persists, a BofA fund manager survey showed.

Swiss telecoms operator Sunrise Communications Group and French billionaire Xavier Niel's Salt Mobile on Tuesday pledged to invest up to 3 billion Swiss francs ($3.09 billion) in a broadband partnership aimed at reaching 1.5 million homes by 2027.