General Motors Co and Ford Motor Co have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles.
Drugmaker Mylan NV's merger with Pfizer Inc's off-patent branded drug unit, Upjohn, would now close in the second half of 2020 due to the delays surrounding coronavirus, the companies said on Thursday.
UNITED Overseas Bank (UOB) said on Thursday that one of its employees has tested positive for Covid-19. The bank was informed by the Ministry of Health today.
Millions of U.S. teenagers shut up in their homes and receiving their education online are turning for morale support and comic relief to each other - via immensely popular video sharing apps like TikTok.
U.S. lender Capital One Financial Corp got a waiver from the Commodity Futures Trading Commission (CFTC) after plunging oil prices increased the bank's derivatives exposure above a key regulatory threshold, according to two sources with knowledge of the matter.
SINGAPORE: The COVID-19 pandemic is the sort of event Singapore has been accumulating its reserves for, Deputy Prime Minister Heng Swee Keat said, as he explained the need to draw up to S$17 billion from the reserves for measures to protect jobs and support the economy. “We have saved up for...
SINGAPORE: Self-employed persons, firms and first-time jobseekers will receive more financial support, announced Deputy Prime Minister Heng Swee Keat on Thursday (Mar 26), amid an economic slowdown caused by the COVID-19 outbreak. This is part of a S$48 billion Resilience Budget to deal with what ...
SINGAPORE: Companies and self-employed people will get an automatic deferment of income tax payments for three months, announced Deputy Prime Minister Heng Swee Keat in Parliament on Thursday (Mar 26), amid an economic slowdown caused by the COVID-19 outbreak. The deferment is part of a slew of ...
SINGAPORE: Financial assistance for the unemployed and low-income workers are set to increase as the COVID-19 pandemic unnerves businesses and employees across Singapore. “The best way to safeguard the well-being of our people is by supporting them to stay employed,” said Deputy Prime Minister ...
The publishers of Britain's Daily Mail and Daily Mirror newspapers both flagged expected financial hits from the coronavirus crisis on Thursday, saying advertising and other revenues would be weakened.
