The German foreign ministry has restricted use of the video conferencing service Zoom, saying in an internal memo to employees that security and data protection weaknesses made it too risky to use, newspaper Handelsblatt reported on Wednesday.
SINGAPORE banks, which are major employers here, have pledged no retrenchments as a result of the novel coronavirus outbreak.
SoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus pandemic slams the hospitality industry.
H&M , the world's second-biggest fashion retailer, said on Wednesday it had signed a 980 million euro (US$1.1 billion) revolving credit facility to strengthen its liquidity buffer in light of the novel coronavirus pandemic.
The French government is working on a smartphone app that could warn users if they came into contact with a coronavirus carrier, ministers said on Wednesday, in a move likely to raise questions about the impact of tracing technology on civil liberties.
Major economies are seeing the biggest monthly slump in activity ever amid the coronavirus crisis and no end is in sight without clarity about how long lockdowns will last, the Organisation for Economic Cooperation and Development said on Wednesday.
Fiat Chrysler (FCA) and unions are discussing plans for beefed-up health measures at Italian plants to pave the way for most profitable production to restart as soon as the government eases a national lockdown, unions said on Wednesday.
SINGAPORE: The agri-food industry will receive a S$30 million boost to speed up the production of commonly consumed food items like eggs, vegetables and fish. Called the 30x30 Express grant, it is aimed at further strengthening Singapore's food security, as part of its goal of meeting 30 per ...
BRUSSELS: The European Union will on Wednesday adopt a pan-European approach on the use of mobile applications to track the spread of the coronavirus, according to a European Commission document seen by Reuters. Calling it a toolbox, the EU executive said it would include a common scheme for using...
Zoom Video Communications Inc was slapped with a class action suit by one of its shareholders on Tuesday, accusing the video-conferencing app of overstating its privacy standards and failing to disclose that its service was not end-to-end encrypted.
