Barclays is 'very very unlikely' to meet its goal of a 10per cent return on equity this year given the impact on its business of the coronavirus pandemic, its Chief Financial Officer Tushar Morzaria said on Tuesday.
SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Mar 18). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$31,210, down from S$32,699 in the last exercise. Premiums for ...
The Supreme Court on Wednesday lashed out at mobile operators for self-assessing their outstanding telecoms dues, saying it amounted to a violation of the court orders.
Global airlines are fast running out of cash after cutting capacity by 90per cent or even grounding entire fleets due to the broad travel restrictions to contain the spread of the coronavirus, calling into question the survival of several firms.
Google, Facebook and Amazon are using their size, reach and technological prowess to help Americans cope with the coronavirus crisis, an opportunity for Big Tech to counter a drumbeat of criticism in Washington.
SoftBank Group Corp shares fell as much as 11.6per cent on Wednesday, with its market capitalization dipping below the value of its domestic telco, as uncertainty grows over its management of a portfolio of unproven startups.
Andre Hilden, a data architecture consultant in Oakland, California, missed a memo from his company last week requiring employees to use video conferencing for all meetings while working from home.
Self-driving technology companies, including Waymo, Cruise and Uber, have suspended autonomous car testing that involves backup drivers, joining corporate America to try and contain the spread of the coronavirus.
Will cruise ships survive and what will be left of them? The Financial Times' Bryce Elder says some think it's a gamble worth taking.
Japanese Prime Minister Shinzo Abe will form a panel of key economic ministers and Bank of Japan Governor Haruhiko Kuroda to discuss measures to prop up an economy hit by the fallout from the coronavirus epidemic, a government official with direct knowledge of the matter said.
