China's Alibaba Group will provide 1 billion yuan (US$144 million) in spending subsidies for a March online shopping festival to counter the impact of the coronavirus outbreak.
Apple's manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business.
Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered by an industry sales warning as the outbreak cripples travel demand.
Southwest Airlines Co said on Thursday it expects a hit of US$200 million to US$300 million to its first-quarter operating revenue from a fall in customer demand and an increase in trip cancellations due to the coronavirus outbreak.
Southwest Airlines Co said on Thursday it expects a hit of US$200 million to US$300 million to its first-quarter operating revenue from a fall in customer demand and an increase in trip cancellations due to the coronavirus outbreak.
Asian shares rallied for a fourth straight session on Thursday as U.S. markets swung sharply higher and another dose of central bank stimulus offered some salve for the global economic outlook.
Facebook Inc said on Thursday a contractor at its Seattle office has been diagnosed with the coronavirus and that it would shut the location through March 9.
SINGAPORE: The Asian Development Bank (ADB) has opened an office in Singapore, in a move that will deepen collaborative efforts on some of the most pressing development challenges facing Asia and the Pacific, the Ministry of Finance said in a press release on Thursday (Mar 5). ADB president ......
SEATTLE: Facebook said on Thursday (Mar 5) that a contractor at its Seattle office has been diagnosed with the coronavirus and that it would shut the location through Mar 9. "A contractor based in our Stadium East office has been diagnosed with the COVID-19," a company spokeswoman said in...
SINGAPORE: About 1,000 tenants in urban and suburban malls have been offered rental rebates by CapitaLand, Singapore’s biggest mall operator, the Restaurant Association of Singapore (RAS) said on Thursday (Mar 5). The RAS, citing a letter issued to tenants on Wednesday, said CapitaLand has ...
