SoftBank Group Corp's creditworthiness "remains under pressure" despite moving to shore up its balance sheet by raising up to US$41 billion via asset sales, credit-rating firm S&P Global Ratings said on Thursday.
Finnish telecoms network maker Nokia said on Thursday it has appointed Marco Wiren as chief financial officer following changes of its chairman and chief executive this year.
SINGAPORE: Singapore-based Grab's food delivery business has seen a 60 per cent increase in orders since October and November last year, fuelled in part by the COVID-19 outbreak, which has led to more people working from home and opting for food deliveries. But this increase has not been enough to ...
Britain's Heathrow Airport, which before the coronavirus pandemic was the busiest in Europe, said it had started a voluntary redundancy scheme after passenger numbers fell to an all-time low and it could not rule out further job losses.
The market for COVID-19 antibody tests is red-hot. It has ballooned in a matter of months as hundreds of products flood the world for people who want to find out whether they've already had the virus.
KUALA LUMPUR: Malaysia's industrial production index plunged 32 per cent in April from a year earlier, its biggest drop on record, government data showed on Thursday, hit by a sharp decline in activity because of coronavirus curbs. The figure was nearly double the drop of 18 per cent forecast by ......
New U.S. solar installations will increase by a third this year, a report published on Thursday showed, as soaring demand by utilities for carbon-free power more than outweighs a dramatic decline in rooftop system orders for homes and businesses due to the coronavirus pandemic.
SINGAPORE: More than 95,000 employers will receive more than S$450 million in payouts under the Wage Credit Scheme (WCS) by the end of June. Through the scheme payouts in June this year, the Government will co-fund 20 per cent of qualifying wage increases given in 2019, 2018 and 2017...
Twitter Inc on Wednesday said it was testing a new feature on Android devices that prompts users to open articles before sharing them.
REUTERS: A bipartisan group of U.S. lawmakers on Wednesday introduced a bill to provide more than US$22.8 billion (17.88 billion pounds) in aid for semiconductor manufacturers, aiming to spur the construction of chip factories in America amid a strategic technology rivalry with China. Chip ...
