Millions of people stuck indoors turned to video games such as Activision Blizzard Inc's "Call of Duty" to shake off lockdown boredom in the past two months, encouraging the company to raise its revenue forecast for the year.
Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions, sending its shares down 18per cent in extended trade.
SK Innovation , owner of South Korea's top refiner SK Energy, said on Wednesday that refining margins are expected to remain weak in the second quarter, weighed down by sluggish fuel demand in the midst of the coronavirus pandemic.
DESPITE the unknown stresses thrown up by the novel coronavirus, all 21 digital banking contenders in Singapore have stayed the course. The Business Times understands that no names have withdrawn from the race.
GREAT Eastern Holdings on Wednesday posted a 90 per cent drop in net profit to S$33.9 million for the first quarter ended March 31, 2020 from S$342.7 million a year ago.
Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.
NEW YORK: An Amazon worker at a warehouse in New York where employees called for greater coronavirus safety measures has died of COVID-19, the e-commerce giant said Tuesday (May 5). "We are deeply saddened by the loss of an associate at our site in Staten Island, NY," Amazon spokesperson...
SAN FRANCISCO: US video game titans Activision and Electronic Arts on Tuesday (May 5) reported strong earnings as people staying home due to the coronavirus pandemic turn to games such as Call of Duty. Activision said an average of 102 million people played its games online per month in the...
DOHA: Qatar Airways has warned its employees of "substantial" redundancies amid a collapse in demand for air travel caused by the coronavirus, according to an internal memo seen by AFP Tuesday (May 5). The Gulf airline, which flew to more than 170 destinations with 234 aircraft as of March, has...
REUTERS: US airlines are collectively burning more than US$10 billion in cash per month and averaging fewer than two dozen passengers per domestic flight in the wake of the coronavirus pandemic, industry trade group Airlines for America said in prepared testimony seen by Reuters ahead of a ...
