German fashion house Hugo Boss said it expected the impact of the coronavirus pandemic to be worse in the second quarter after it reported that sales fell a currency-adjusted 17per cent in the first, but added that it was seeing signs of a rebound in China and online.
JAKARTA: Indonesia's economy grew at its weakest pace since 2001 in the first quarter, slower than expected, as the coronavirus pandemic halted business activity in Southeast Asia's largest economy. The coronavirus crisis has taken a toll on consumption - the main driver of the economy ...
LONDON: A substantial majority of people around the world want their governments to prioritise saving lives over moves to restart economies being hammered by measures aimed at halting the spread of COVID-19, a global survey has found. The latest findings of the Edelman Trust Barometer, which for ...
Australia's economy is losing Aus$4 billion (US$2.5 billion) every week its virus shutdown continues, while a million workers have already lost their jobs in the crisis, according to figures announced Tuesday.
US Treasury Secretary Steven Mnuchin said Monday he expects China to uphold a trade deal reached with Washington this year, and warned of "consequences" if the country did not.
SINGAPORE: E-commerce delivery firm Ninja Van said it raised US$279 million (S$394 million) in funding from investors including Facebook co-founder Eduardo Saverin's B Capital and ride-hailing firm Grab as the COVID-19 pandemic has led more people to shop online. The Singapore-based company has ...
Boeing Co sees mass production of its unmanned, fighter-like jet developed in Australia likely happening by the middle of the decade, an executive said on Tuesday, as it rolled out the first of three prototypes.
United Airlines Holdings Inc has told employees that it expects its management and administrative ranks to be around 30per cent smaller starting in October, according to a company memo seen by Reuters.
SYDNEY/BENGALURU: Qantas Airways said on Tuesday (May 5) it had secured enough funding to last it through the end of next year, boosting its shares, as it reviews its fleet with the expectation that most international travel could take years to rebound. The Australian carrier secured A$550 million ...
United Airlines Holdings Inc has told employees that it expects its management and administrative ranks to be around 30per cent smaller starting in October, according to a company memo seen by Reuters.
