DUBAI: Emirates President Tim Clark said on Monday (Jun 1) it could take the airline four years to rebuild its network that has been decimated by the coronavirus pandemic. "I think probably by the year 2022/23, 2023/24 we will see things coming back to some degree of normality and...
Chinese electric vehicle (EV) maker BYD Co Ltd, will supply EV batteries to U.S. automaker Ford Motor Co, a document on the website of the Ministry of Industry and Information Technology showed on Monday.
WARSAW: Poland's national airline LOT may resume international flights in the next few weeks, State Assets Minister Jacek Sasin said on Monday (Jun 1), as the country gradually lifts restrictions imposed to halt the spread of the new coronavirus. State-controlled LOT restarted flights between the ...
DUBAI: Iran will continue fuel shipments to Venezuela if Caracas requests more supplies, the Iranian Foreign Ministry spokesman said on Monday (Jun 1), despite Washington's criticism of the trade between the two nations, which are both under US sanctions. "Iran practises its free trade rights with ...
A GROUP of CIMB’s housing loan customers – now 25 and counting – have joined forces to challenge the bank on its decision to raise the floor of its mortgage rates in the midst of a pandemic.
SEOUL: South Korea on Monday cut its economic projections for this year to growth of just 0.1 per cent, which would be the worst performance since the 1998 Asian financial crisis, as the coronavirus pandemic hit exports, consumption and corporate investment. That is sharply down from its previous ......
Euro zone manufacturers appear to have passed their nadir, a survey showed on Monday, but activity is still contracting sharply as government-imposed lockdowns due to the coronavirus pandemic keep demand in check.
NEW DELHI: India has ordered its internet service providers (ISPs) to block file-sharing website WeTransfer at a time when hundreds of millions of people are working from home because of a nationwide lockdown to stop the novel coronavirus. The order, dated May 18, from India's Department of ...
Google has rejected demands it pay hundreds of millions of dollars per year in compensation to Australian news media under a government-imposed revenue sharing deal.
South Korea's Hyundai Motor said on Monday its provisional May sales fell 39per cent on year to 217,510 vehicles globally, as the impact of COVID-19 continued to hit global auto demand in key markets.
