Kia Motors told its labour union in South Korea that it wants to suspend operations at three of its factories in the country as the coronavirus oubreak weighs on exports to Europe and the United States, a union official said on Monday.
Oil prices and U.S. stock futures dipped in early Monday trade as a landmark agreement by OPEC and its allies to slash output by a record amount failed to give investors any cause for lasting optimism about the economic outlook.
SINGAPORE: Thirty businesses were told to cease operations and three establishments - including Putien and Jollibee - were fined following enforcement checks over the long weekend. Putien at 127 Kitchener Road, Komala's Vege Mart at 125 Dunlop Street and a Jollibee outlet next to Causeway Point ...
Billionaire Richard Branson's space tourism company Virgin Galactic Holdings Inc will keep running as a critical infrastructure business, even as many U.S. states in which it operates have mandated business closures during the coronavirus outbreak.
The key questions now are how bad the recession will be and how long it will last, says Kenneth Rogoff.
In this COVID-19 outbreak, long-term thinking feels like a luxury we cannot afford right now, says Samantha Gross.
Considering the world is made up of introverts, extroverts and even ambiverts, it would make sense for workplaces to adopt a nuanced approach to accommodate all types, says PeopleSearch’s Jaime Lim.
REUTERS: The European Union's competition chief told the Financial Times that member countries should buy stakes in companies to counter the threat of Chinese takeovers, with her comments coming as the EU formulates plans to protect its businesses amid the coronavirus outbreak. "We don't have any ...
An agreement by oil producing nations to cut output by a record amount may sustain a recent bounce in stocks, though stay-at-home restrictions and closures tied to the coronavirus pandemic continue to weigh on the global economy.
The European Union's competition chief told the Financial Times that member countries should buy stakes in companies to counter the threat of Chinese takeovers, with her comments coming as the EU formulates plans to protect its businesses amid the coronavirus outbreak.
