SYDNEY: Australia's only national newswire will close after 85 years in operation, with staff told Tuesday (Mar 3) their jobs will come to an end in June. Australian Associated Press' closure was announced at a staff meeting in the company's headquarters in Sydney, with chief executive Bruce ...
SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm in a meeting with U.S. investors on Monday, but offered few concrete concessions.
Australia's central bank on Tuesday slashed interest rates to a record low on fears the deadly coronavirus outbreak could push the country into recession.
SINGAPORE: A new co-working space to help local companies innovate and develop products will be launched in the Jurong Innovation District (JID), announced Senior Minister of State for Trade and Industry Koh Poh Koon on Tuesday (Mar 3). The SIMTech Innovation Factory – an initiative by the Agency ...
The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the new coronavirus.
Chinese tech giant Tencent said on Tuesday it would extend warranty for Nintendo Switches purchased in China via official channels before March 31 by six months as sales have been hit by the coronavirus outbreak.
Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc's chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role.
Facebook Inc is pulling out of this year's South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday.
GFL Environmental Inc on Monday raised about US$1.4 billion in its initial public offering, pricing it below the target range in a conservative step to ride out market volatility in the wake of the coronavirus outbreak.
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus.
