French carmaker Renault said on Tuesday that it was halting operations in Spain following the declaration of a state of emergency there in light of the coronavirus crisis.
Airbus announced it would stop production and assembly activities at its plants in France and Spain for the next four days, as governments there implement new measures to restrict movements and fight the coronavirus outbreak.
U.S. electric vehicle maker Tesla Inc plans to operate its Fremont factory on Tuesday, when San Francisco's Bay Area begins a three-week lockdown to rein in the spread of a coronavirus, the Electrek online media said.
Tesla Inc Chief Executive Officer Elon Musk sent employees an email on Monday telling them to stay at home if they felt ill or uncomfortable, two people who saw the memo told Reuters.
SINGAPORE: Employers in Singapore will receive more than S$600 million in payouts under the Wage Credit Scheme (WCS) by Mar 31, the Ministry of Finance (MOF) and Inland Revenue Authority of Singapore (IRAS) said on Tuesday (Mar 17). More than 90,000 employers will receive the payouts, with small ......
The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression.
Facebook Inc said it would work with its partners to send home all contract workers who review content until further notice, as public health concerns due to the coronavirus outbreak rapidly increases.
China's Tencent Music Entertainment Group said the company would likely see "much softer" first-quarter revenue growth due to the COVID-19 outbreak, after it beat Wall Street estimates for fourth-quarter revenue on Monday.
New Zealand announced a NZ$12.1 billion (US$7.3 billion) stimulus package Tuesday to counter the economic shock of the coronavirus pandemic.
SINGAPORE: The National Wages Council (NWC) will convene earlier than usual this year on Tuesday (Mar 17), Singapore's Manpower Ministry said in a press release. The annual meeting between employer, employee and government representatives was called early "given the economic uncertainty arising ...
