When cameraman Mark Xia returned to his job this month after holidays, the Shanghai video production house where he worked told him to take three months of leave with no pay, as a coronavirus epidemic takes a toll of China's businesses.
SINGAPORE: With the COVID-19 outbreak coming at a time of an uncertain economic outlook, 2020 has already seen its fair share of challenges – and it is only the second month of the year. As Singapore ushers in a new decade marked by “major uncertainties”, Finance Minister Heng Swee...
Apple Inc's surprise warning that it will likely fall short of this quarter's sales target due to the coronavirus epidemic points to much pain for its chip and other suppliers as well as for rivals who also rely on China to build their products.
SINGAPORE: Amid the COVID-19 outbreak and other global uncertainties, the Government on Tuesday (Feb 18) proposed a stabilisation and support package worth S$4 billion to help workers and businesses deal with near-term economic uncertainties. “Our foremost concern is jobs”, followed by helping ...
SINGAPORE: More support will be given to enterprises and workers in their transformation journey in the midst of major structural changes in the global economy. A one-off S$500 SkillsFuture top-up will be made available for every Singaporean aged 25 and above, as part of the Government’s efforts ...
Alstom shares fell on Tuesday (Feb 18) after the French firm agreed to buy the rail division of Canada's Bombardier for up to €6.2 billion (US$6.7 billion), in a deal likely to be scrutinised by regulators and unions.
SoftBank Group Corp has pumped US$2.5 billion of its own cash into new investments since October, people familiar with the matter said, hoping to restore its money-making credentials as it courts investors for a successor to its Vision Fund.
French Finance Minister Bruno Le Maire warned Renault on Tuesday against shutting factories in France and cutting jobs there after the carmaker announced "no taboos" cost cuts last week.
BEIJING: Tesla is in advanced stages of talks to use batteries from CATL that contain no cobalt: one of the most expensive metals in electric vehicle (EV) batteries: in cars made at its China plant, people familiar with the matter said. Adoption would mark the first time for the...
"Stand in front of a chair. Chest up, core tight and square your pelvis," said Heidi Liu, a pilates instructor at a studio in Shanghai, as she demonstrated a series of poses and stretches.
