Berkshire Hathaway Inc has sold its entire stakes in the four largest U.S. airlines, Chairman Warren Buffett said Saturday at the company's annual meeting.
PARIS: French bank Societe Generale expects to have to provision €3.5 billion euros to 5 billion euros (US$3.84 billion-US$5.49 blillion this year because of losses due to the coronavirus crisis, its chief executive said in an interview on Saturday (May 2). Frederic Oudea also said he expected the ...
The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic.
‘Here comes the bride…I’ll send a like.’ As Singapore works towards enabling remote solemnisation, sociologist Terence Heng discusses what is gained and lost in this transition.
Warren Buffett said on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy.
Germany, Italy and Spain have joined a call by 12 European Union governments for the EU's executive body to suspend rules forcing crisis-hit airlines to offer full cash refunds for cancelled flights, France said in a statement on Saturday.
DUBLIN: Ireland will allow firms impacted by the coronavirus crisis to warehouse tax liabilities for 12 months, offering a "lifeline" as part of an additional package of business supports that could reach 6.5 billion euros (US$7.2 billion), the government announced on Saturday (May 2). Commercial ...
KUALA LUMPUR: Malaysia's economy in 2020 could shrink more than initially forecast due to extended curbs on movement imposed to stem an outbreak of the new coronavirus, the finance minister said on Saturday (May 2). Malaysia's central bank had forecast in April for growth in gross domestic product ......
SINGAPORE: After two weeks of tighter COVID-19 "circuit breaker" measures, Singapore will progressively ease some restrictions from May 5. More shops and services will be allowed to resume operations - with safe distancing measures in place - after a drop in the number of coronavirus cases in the ...
Warren Buffett's Berkshire Hathaway Inc posted a higher operating profit on Saturday, but the coronavirus pandemic pummeled its common stock investments and led to a record net loss.
