BANGKOK: Thailand recorded no foreign tourist arrivals and spending for a third straight month in June, as borders remained closed amid the pandemic, with a 66 per cent year-on-year drop in the January to June period to 6.69 million visitors, tourism ministry data showed. From January to June ......
South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing strongly with Hyundai Motor Co in the South Korean electric vehicle market.
Republicans in the White House and the U.S. Congress were in disarray over their own plan for providing US$1 trillion in new coronavirus aid on Tuesday, as negotiations aimed at reaching a compromise bill with Democrats also sputtered.
U.S. low-cost carrier Spirit Airlines is preparing to inform unions on Friday that 20per cent to 30per cent of workers including pilots and flight attendants may be furloughed in October, according to a memo from the CEO sent to employees on Tuesday.
Ardent Leisure Group Ltd entered a guilty plea in an Australian court on Wednesday to charges related to a fatal accident on a river rapids ride at its Queensland theme park in 2016, a company spokesman told Reuters.
Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States increased against expectations, giving the market a boost amid record increases of coronavirus infections in the U.S. and elsewhere.
Asian equities pulled backed on Wednesday as an impasse in U.S. economic stimulus negotiations pushed global stocks lower and sent investors into safe-haven assets like gold, which hovered near record highs.
WASHINGTON: Amazon.com CEO Jeff Bezos and Facebook's Mark Zuckerberg will defend their respective companies before a congressional hearing on Wednesday (Jul 29) by saying they face intense competition from large rivals. Bezos and Zuckerberg's written testimony, made public on Tuesday, will be ...
NEW YORK: The coronavirus pandemic took a bite out of McDonald's profits and the Big Mac maker said Tuesday (Jul 28) it plans to focus on affordability in upcoming marketing campaigns, as US consumer surveys reveal mounting recession fears. But while there is still a lot of uncertainty because...
L Brands Inc. said on Tuesday it was cutting 15per cent of its home office workforce, or about 850 associates, as the Victoria's Secret owner restructures its operations to cut costs in the face of the COVID-19 pandemic.
