BEIJING: China aims to launch an experimental spacecraft without a crew in April, as part of a broader spaceflight programme to shuttle astronauts to its future space station, state media reported on Tuesday. The new-generation spacecraft is scheduled to launch on the maiden flight of the Long ...
Wild swings in asset prices have thrown a spotlight on liquidity in corners of the US$4.4 trillion market for U.S. exchange-traded funds, which have played a key role for investors in Wall Street's coronavirus-fueled selloff.
The shock from coronavirus to banks is set to be greater but less prolonged than lenders faced in last year's stress test and the financial system remains resilient, the Bank of England said on Tuesday.
The Trump administration is moving ahead with oil and gas lease sales in four Western states beginning on Tuesday, bucking criticism from taxpayer advocates who say the auctions should be postponed because of a meltdown in energy prices.
SINGAPORE: Singapore's stock market rebounded along with its peers in Asia on Tuesday (Mar 24) as a pledge by the US Federal Reserve to spend whatever it takes to stabilise the financial system lifted sentiment amid the COVID-19 outbreak. Policymakers across the globe are looking to stave off a ......
German sportswear company Puma announced on Tuesday that 1,400 staff would switch to shorter work hours until April 13 as sales slump due to the coronavirus and said its three top executives would not take their pay for April.
Britain's biggest sportswear retailer JD Sports said on Tuesday it has delayed the publication of its financial results to May and has enough cash resources to ride out the coronavirus crisis.
SINGAPORE: Singapore Airlines (SIA) pilots will be required to take some days of no-pay leave a month from April as part of cost-cutting measures the national carrier is putting into place. In an internal email dated Mar 24, seen by CNA, the airline said it had signed agreements with the ......
Norwegian Air has fulfilled the first condition for taking part in a government-led rescue package for the airline industry, securing an initial cash infusion of 300 million Norwegian crowns (US$26.63 million), the budget carrier said.
The German government will return to its savings policy once the coronavirus crisis is over, Economy Minister Peter Altmaier told ZDF broadcaster on Tuesday, adding that Europe's largest economy had committed to paying debt back from 2023.
