Facebook Inc said on Tuesday the coronavirus outbreak was undercutting sales of the advertising that accounts for nearly all of its revenue, even as more users spend time on the social network during virus-related lockdowns.
Detroit's Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed on the matter said Tuesday.
NEW DELHI: The Indian government said on Wednesday (Mar 25) that it is banning the export of hydroxychloroquine and formulations made from the medication, as experts test the efficacy of the drug in helping treat patients infected with COVID-19. There are currently no approved treatments, or ...
REUTERS: Private rocket company SpaceX had an incident during parachute testing for its Crew Dragon capsule, in which the simulated spacecraft being tested became unstable and was dropped early, according to a tweet from a CNBC reporter. No one was injured in the incident, according to the tweet ......
SEOUL: South Korea said it will send medical equipment to the United States to fight the coronavirus if it has any spare after an urgent request from US President Donald Trump in which he promised to help Korean firms gain US government approval. The news, which sent shares in South Korean...
KUALA LUMPUR: The United States has lifted a ban on a Malaysian medical glove maker it had accused of using forced labour, a government statement showed, amid a surge in demand for personal protective equipment to fight the coronavirus crisis. The US Customs and Border Protection (CBP) on Tuesday ......
SYDNEY: Qantas Airways on Wednesday (Mar 25) secured A$1.05 billion (US$627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30 per cent, as airlines in the Asia-Pacific region took the knife to capacity and jobs. The Qantas financing of seven ......
The German elevator-to-car parts conglomerate Thyssenkrupp will cut 3,000 jobs at its steel unit by 2026 as part of a wage deal it struck with powerful labor union IG Metall, it said on Wednesday.
SEATTLE: Boeing plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter said on Tuesday (Mar 24). Boeing's planning hinges on the scale of disruptions from the fast spreading COVID...
Two more New York Stock Exchange floor traders tested positive for the coronavirus on Tuesday despite strict measures taken to prevent people infected by the virus from entering the exchange while it remained open last week, according to a memo seen by Reuters.
