Before the war in Iran began, the Middle East was one of the few pockets of growth for luxury timepieces.

South African labor unions will sign a three-year wage deal with state-owned power utility Eskom Holdings SOC Ltd. for above-inflation increases on Friday, according to two of the groups.

German airlines are urging the government to take emergency steps such as releasing strategic kerosene reserves to avoid flight cuts before the peak summer season as Mideast tensions remain high.

Traders are waiting for further details of a potential peace deal between Iran and the US ahead of the weekend at the end of a febrile week. Meanwhile there's little room for disappointment as companies start to feel the impact of the war. (Source: Bloomberg)

Hong Kong’s stock exchange operator is planning to halve the time it takes to settle stock trades, matching a global push toward shorter settlement windows despite concerns over the operational hurdles for Western investors.