OCBC’s net profit sank 43 per cent to S$698 million for its first quarter, dragged down by non-operating losses in its insurance unit and a surge in provisions due to its oil and gas exposure and the deteriorating macroeconomic environment from the Covid-19 pandemic.
When Tina Yates pulled her truck up to a mall in western Washington state on Thursday, workers waved her past hundreds of cars waiting to pick up free russet potatoes.
NEW YORK: Stock markets rose on Thursday (May 7) as investors looked beyond grim economic news to focus on easing coronavirus lockdown measures, with surprisingly strong Chinese export data adding to the positive vibe. Major Wall Street indices gained around one percent or more, a rise comparable ...
SINGAPORE: When her husband contracted COVID-19 and her family was quarantined, Ms May Lim’s world was turned upside down – they lost their only source of income and her husband’s condition soon took a turn for the worse. But two months on, she is hoping her new online business...
Uber Technologies Inc said on Thursday it saw encouraging signs in markets hit by the coronavirus epidemic as it posted a 14per cent rise in revenue growth, supported by its Uber Eats food-delivery business.
The coronavirus-fuelled leap to remote working will overturn the cult of presenteeism, say Carys Chan and Shea Fan.
U.S. automaker Ford Motor Co said on Thursday it is planning to restart production and operations in North America in a phased manner, starting May 18.
Department store chain Macy's Inc on Thursday delayed its first-quarter earnings report to July 1, citing significant business disruption due to the COVID-19 pandemic, which has also led to delay in financial statement preparation.
Tesla Inc Chief Executive Elon Musk said in a podcast interview released on Thursday that the company's planned Roadster sports car would take a backseat to the development of other vehicle models.
U.S. stocks jumped on Thursday as investors were encouraged by PayPal's outlook and an unexpected rise in Chinese exports, which raised hopes of an economic recovery.
