U.S. electric vehicle maker Tesla Inc plans to operate its Fremont factory on Tuesday, when San Francisco's Bay Area begins a three-week lockdown to rein in the spread of a coronavirus, the Electrek online media said.
Tesla Inc Chief Executive Officer Elon Musk sent employees an email on Monday telling them to stay at home if they felt ill or uncomfortable, two people who saw the memo told Reuters.
SINGAPORE: Employers in Singapore will receive more than S$600 million in payouts under the Wage Credit Scheme (WCS) by Mar 31, the Ministry of Finance (MOF) and Inland Revenue Authority of Singapore (IRAS) said on Tuesday (Mar 17). More than 90,000 employers will receive the payouts, with small ......
The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression.
Facebook Inc said it would work with its partners to send home all contract workers who review content until further notice, as public health concerns due to the coronavirus outbreak rapidly increases.
China's Tencent Music Entertainment Group said the company would likely see "much softer" first-quarter revenue growth due to the COVID-19 outbreak, after it beat Wall Street estimates for fourth-quarter revenue on Monday.
New Zealand announced a NZ$12.1 billion (US$7.3 billion) stimulus package Tuesday to counter the economic shock of the coronavirus pandemic.
SINGAPORE: The National Wages Council (NWC) will convene earlier than usual this year on Tuesday (Mar 17), Singapore's Manpower Ministry said in a press release. The annual meeting between employer, employee and government representatives was called early "given the economic uncertainty arising ...
SINGAPORE: Singapore's non-oil domestic exports (NODX) fell 4.8 per cent on a seasonally adjusted month-on-month basis in February, reversing the previous month's 4.5 per cent growth. Non-electronic domestic exports declined, while electronics grew, according to official data released Tuesday (Mar ...
REUTERS: Apparel retailer Nordstrom Inc on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic. The company said it would close stores, including Nordstrom full-line, Nordstrom Rack and Trunk Club ...
