Supply restraint by core-OPEC producers could push second-quarter Brent oil prices up to US$30 a barrel, while U.S. measures to support the market could underpin prices in the near term, Goldman Sachs said in a research note.
The European Commission has warned Europe's telecoms providers not to block content platforms in an attempt to prevent internet gridlock caused by house-bound Europeans teleworking or video streaming due to the coronavirus outbreak.
SINGAPORE: At least 21 firms listed on the Singapore Exchange have temporarily shuttered their factories, offices and retail shops in Malaysia to comply with the country’s restricted movement order. The order, which kicked in on Wednesday (Mar 18) and will last until the end of the month, was ......
The "nut rage" heiress who forced a plane to turn back over her macadamias is fighting a bitter battle -- with activist shareholder support - against her brother for control of the family airline, highlighting resistance to reform in South Korea's chaebols.
The spread of a coronavirus adds uncertainty in the memory chip market, as it affects the overall environment of demand and supply, Lee Seok-hee, the president of South Korea's SK Hynix Inc, said on Friday.
Air Canada is set to lay off more than 5,100 members of its cabin crews because of a decline in flights following the coronavirus outbreak, CBC News reported https://www.cbc.ca/news/canada/british-columbia/more-than-5-100-air-canada-flight-attendants-to-be-laid-off-amid-massive-covid-19-slowdown-1 ...
Apple Inc is limiting customer purchases of iPhones over its online stores in many countries including the United States and China to a maximum of two handsets per person, checks on its website on Friday revealed.
SINGAPORE: Companies are encouraged to impose a leave of absence for employees who travelled during the March school holidays, the Ministry of Manpower (MOM) said on Friday (Mar 20). Companies that do so, as well as those who are self-employed, will be allowed to claim for the S$100 daily...
Asian shares sought a reprieve on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though a panicked rush into U.S. dollars suggested the crisis was far from done.
Alphabet Inc's Google is exploring ways to use location information to slow the spread of the coronavirus by, for example, determining the effectiveness of social distancing.
