SINGAPORE: Temporary relief measures have been announced for property developers affected by the COVID-19 pandemic and the "circuit breaker" period, the Government announced on Wednesday (May 6). The relief measures aim to help property developers and individuals affected by the disruptions to ...
Private equity firm KKR & Co Inc reported an 11per cent jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil.
The New York Times Co beat Wall Street's revenue estimates on Wednesday as it added more subscribers in a quarter dominated by heavy news coverage around the COVID-19 pandemic.
Cannabis users appear to be stocking up via the darknet to avoid shortages while under lockdown during the coronavirus outbreak, the European drug agency said in a report.
Twitter said on Wednesday it would tackle the spread of damaging conspiracy theories linking mobile phone technology with the coronavirus with a prompt to direct people searching for 5G to British government-verified information.
BMW AG on Wednesday said the impact of the coronavirus will likely hurt demand and profit throughout the year, forcing the German automaker to lower its profit outlook for passenger cars following a slowdown in first-quarter deliveries.
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday apologised over controversial succession plans and said he will not hand over management rights to his children at the family-controlled conglomerate.
A Royal Dutch Shell advertising campaign promising customers they can "drive carbon neutral" has been deemed acceptable under Britain's advertising rules following an investigation, regulators said on Wednesday.
Volkswagen said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but warned sales would not recover as quickly in other parts of the world.
South Korea's Hyundai Motor said on Wednesday its provisional April sales fell 57per cent on year to 159,079 vehicles globally, as the coronavirus pandemic and efforts to curb its spread sharply contracted auto demand and dealership traffic.
