Life is never easy for China's nearly 300 million migrant workers, but with the coronavirus zapping jobs at a historic clip, unemployed factory labourer Wei Guikun is at his wits' end.
LONDON: Internet and media companies should do more to tackle the spread of misinformation in Britain, independent fact-checking charity Full Fact said in a report on Thursday highlighting falsehoods that have spread during the coronavirus outbreak this year. The novel coronavirus has opened up a ...
BEIJING: Chinese factory activity grew at a slower pace in April as demand remained sluggish while the world grapples with the COVID-19 pandemic, according to official data released Thursday (Apr 30). China is ramping up economic production as daily life returns to normal but with much of the ...
Virgin Australia Holdings Ltd's administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant in a meeting of creditors owed nearly AUS$7 billion (US$4.58 billion).
Silicon Valley billionaires Elon Musk and Mark Zuckerberg offered dueling views on lockdown measures designed to slow the spread of the coronavirus on Wednesday, with Facebook's Zuckerberg endorsing the measures while Tesla's Musk condemned them as anti-democratic.
Tyson Foods Inc is halting operations at a beef facility in Dakota City, Nebraska until May 4 to complete a deep cleaning of the plant amid the coronavirus outbreak, a unit of the largest U.S. meat supplier said on Wednesday.
WASHINGTON: The US economy's decade of expansion ended dramatically in the first quarter as the coronavirus pandemic caused GDP to shrink by 4.8 per cent, and second quarter growth is set to plummet even further. The decline - the biggest fall in GDP in 12 years and slightly worse...
SoftBank Group Corp said it sees a loss of around 700 billion yen (US$6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen.
Asian equity markets were poised to gain on Thursday, tracking Wall Street's rally after positive trial results of an experimental COVID-19 treatment, a U.S. Federal Reserve pledge to shore up the economy and a jump in oil prices.
SINGAPORE: DBS Group Holdings has set aside S$1.09 billion to cover the impact of the coronavirus pandemic as Southeast Asia's biggest lender reported a 29 per cent fall in first-quarter profit to the lowest in two-and-a-half years. DBS said provisions for credit losses surged in January-March ...
