A global condom shortage is looming as the coronavirus pandemic shutters factories and disrupts supply chains, the world's top maker of the contraceptives said, with the United Nations warning of "devastating" consequences.
Australia's Treasury Wine Estates Ltd said it may spin off the prestigious Penfolds label and shrink its low-end "commercial" division in the United States as it seeks ways to grow profit amid upheaval brought by the coronavirus crisis.
China'a internet regulator ordered search engine Baidu to clean up improper information and halt spread of "low-brow content."
Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak.
Asian stock futures were under pressure on Wednesday after a late, sharp sell-off on Wall Street and as oil prices slumped under pressure from swelling global supplies.
South Korea's flag carrier Korean Air will put 70 percent of its 19,000 staff on furlough, it said, as it scrambles to cope with the coronavirus pandemic that has brought global aviation to a standstill.
Japanese automaker Nissan said on Wednesday its sales in China fell 44.9per cent from a year earlier to 73,297 units in March, as the coronavirus epidemic continues to hit the world's biggest car market.
SACRAMENTO, Calif.: California's Santa Clara County, the technology hub hit hard by some of the first American cases of the coronavirus, dramatically slowed the illness with early and aggressive shelter-at-home rules, public health officer Sara Cody said on Tuesday. The county of about 2 million ...
Volkswagen Mexico issued a statement saying one of its employees in the country had died in a potential case of coronavirus.
Oil climbed on Wednesday, reversing most of the prior session's losses, as investors pinned hopes on a Thursday meeting where OPEC members and allied producers will discuss output cuts to shore up prices that have tumbled amid the coronavirus pandemic.
