Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.
DETROIT: Factory workers began returning to assembly lines in Michigan on Monday (May 11), paving the way to reopen the US auto sector but stoking fears of a second wave of coronavirus infections as strict lockdowns are eased across the country. With millions of Americans out of work and much...
China's Tencent Music Entertainment Group missed Wall Street estimates for quarterly revenue on Monday as the COVID-19 pandemic impacted the company's social entertainment services business, sending its shares down 4.5per cent in extended trade.
WASHINGTON: Boeing's chief executive said it was "most likely" that a major US airline will go out of business due to the massive damage of the COVID-19 pandemic on the aviation industry. "It's most likely," Boeing CEO David Calhoun responded when an NBC journalist asked him if a major...
UK-BASED payments fintech Revolut on Tuesday announced that it has appointed James Shanahan - previously the chief operating officer (COO) of insurtech Singapore Life - as its Singapore chief executive officer to lead the growth of its Asia business.
Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market.
SINGAPORE: Singaporean shipping firm Ocean Tankers, a unit of troubled oil trader Hin Leong Trading, has applied to be placed under the management of a court-appointed supervisor, two sources with knowledge of the matter told Reuters. Singapore's High Court is due to hold a hearing on an ...
Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a virtual halt in global travel to curb the spread of the coronavirus pandemic.
Shagufa Haidari, 23, a flight attendant for Afghanistan's Kam Air, used to fly six days a week around the country and abroad, to Istanbul, Islamabad and Delhi.
