Southwest Airlines Co said on Thursday it expects a hit of US$200 million to US$300 million to its first-quarter operating revenue from a fall in customer demand and an increase in trip cancellations due to the coronavirus outbreak.
Asian shares rallied for a fourth straight session on Thursday as U.S. markets swung sharply higher and another dose of central bank stimulus offered some salve for the global economic outlook.
Facebook Inc said on Thursday a contractor at its Seattle office has been diagnosed with the coronavirus and that it would shut the location through March 9.
SINGAPORE: The Asian Development Bank (ADB) has opened an office in Singapore, in a move that will deepen collaborative efforts on some of the most pressing development challenges facing Asia and the Pacific, the Ministry of Finance said in a press release on Thursday (Mar 5). ADB president ......
SEATTLE: Facebook said on Thursday (Mar 5) that a contractor at its Seattle office has been diagnosed with the coronavirus and that it would shut the location through Mar 9. "A contractor based in our Stadium East office has been diagnosed with the COVID-19," a company spokeswoman said in...
SINGAPORE: About 1,000 tenants in urban and suburban malls have been offered rental rebates by CapitaLand, Singapore’s biggest mall operator, the Restaurant Association of Singapore (RAS) said on Thursday (Mar 5). The RAS, citing a letter issued to tenants on Wednesday, said CapitaLand has ...
LONDON/SINGAPORE: The coronavirus epidemic could cost passenger airlines up to US$113 billion in lost revenue this year, an industry body warned on Thursday (Mar 5), more than three times a projection it made just two weeks ago as the virus continues to spread around the world. The warning from...
OPEC ministers are expected to approve on Thursday the outlines of a deal for a significant cut in oil production to shore up prices hammered by the coronavirus outbreak but they are still waiting for Russia to indicate whether it will back such a move.
Online voting at annual shareholder meetings (AGMs) has jumped since the coronavirus outbreak as investors shun large gatherings because of travel restrictions or fear of infection, Swiss tech firm Sherpany said.
Aviva shares jumped on Thursday as the life and general insurer posted a record profit in its first year under chief executive Maurice Tulloch, although he said coronavirus added uncertainty to the outlook.
