Yum China is betting that Chinese consumers will still choose to dine-in in the aftermath of the coronavirus crisis and plans to open more Pizza Hut and KFC outlets in China's smaller cities in the coming months, its chief executive said.
British lender Virgin Money swung to a first-half loss after setting aside 237 million pounds (US$294.7 million) to handle loans likely to go bad because of the coronavirus crisis.
BMW AG on Wednesday reported a 133per cent rise in first-quarter operating profit, due to the absence of a one-off provision in the year-earlier period, but said the impact of the coronavirus could erode demand and profit.
PARIS: French drugmaker Sanofi said it plans to enroll thousands of subjects globally for trials of an experimental vaccine for the coronavirus it is developing with GlaxoSmithKline, and that it has started to discuss advanced purchases with several countries. Sanofi is working on two vaccine ...
WELLINGTON: New Zealand's success in curbing the coronavirus has given it a "safe haven" advantage, allowing the country to be open for investment, Prime Minister Jacinda Ardern said on Wednesday (Jun 6). With just two new infections this week, New Zealand has held down community spread of the ......
Tyson Foods Inc will resume limited production at its largest U.S. pork plant this week, the company said late on Tuesday.
Millions of people stuck indoors turned to video games such as Activision Blizzard Inc's "Call of Duty" to shake off lockdown boredom in the past two months, encouraging the company to raise its revenue forecast for the year.
Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions, sending its shares down 18per cent in extended trade.
SK Innovation , owner of South Korea's top refiner SK Energy, said on Wednesday that refining margins are expected to remain weak in the second quarter, weighed down by sluggish fuel demand in the midst of the coronavirus pandemic.
Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.
