McDonald's Corp said on Wednesday it would temporarily remove some items from its U.S. menu as it focuses on simplifying operations in the face of the fast-spreading coronavirus outbreak.
Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate neared a vote on a bill to give its carriers US$58 billion in aid, including payroll support.
SINGAPORE: The Singapore economy contracted 2.2 per cent year-on year in the first quarter of 2020, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Thursday (Mar 26). This compares to a 1.2 per cent growth logged in the first quarter last year, and ...
NEW YORK: Global stocks mostly rose on Wednesday (Mar 25) after US congressional leaders reached a deal on a mammoth stimulus bill, although the Dow cut its gains on signs the legislation could be delayed. The US deal is the latest by a major government to try to prop up...
Billionaire investor William Ackman, who hedged his portfolio weeks ago to guard against coronavirus-inspired panic selling, told investors that his private hedge fund is making money this year, an investor said on Wednesday.
Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing US$1 billion debt facility as the home rental start-up grapples with a slowdown from the coronavirus outbreak, according to a source who participated in the meeting.
CHICAGO: The US coronavirus stimulus bill that US senators will vote on would add US$14 billion to the Agriculture Department’s Commodity Credit Corp spending authority and authorise an additional US$9.5 billion to help livestock producers, dairy farmers, specialty crop farmers and local ...
AMC Entertainment Holdings Inc , the world's largest theater operator, has placed its chief executive and all of its corporate employees on furlough to preserve cash during the coronavirus outbreak, a company spokesman said on Wednesday.
A recession is sadly necessary to stop the spread of the coronavirus, says Pavlina R Tcherneva.
REUTERS: A group representing major United States semiconductor companies on Wednesday said it was working with federal officials to make clear to state and local officials overseeing lockdowns that chip companies are essential businesses that should continue operations. In a blog post, the ...
