The Vatican joined forces with tech giants Microsoft and IBM on Friday to promote the ethical development of artificial intelligence (AI) and call for regulation of intrusive technologies such as facial recognition.
Coty Inc on Friday named Jimmy Choo boss Pierre Denis as its next chief executive officer, replacing Pierre Laubies, betting on deep luxury fashion sector experience as the company tries to turnaround sales of its core hair care and cosmetics products.
Elliott Management Corp is pressing SoftBank Group Corp for details of nearly-US$10 billion of investment securities on its balance sheet, as part of its campaign to improve the value of the Japanese conglomerate in which it holds a stake, sources said.
If an outbreak of coronavirus hits New York, it could cause more sharp selling of stocks, but markets would likely continue to function even if the floor of the New York Stock Exchange had to close.
YANGON: Temporary factory closures and layoffs have already begun to hit low wage workers across Asia as quarantines and travel restrictions from the new coronavirus disrupt supply chains linked to China. For 31-year-old Myanmar worker Aye Su Than, the suspension of production at Hunter Myanmar ...
SHENZHEN: China's manufacturers are struggling to find enough workers to fill factory floors as the regular post-Lunar New Year labour migration trickles rather than flows, slowing the restart of the world's No 2 economy amid the coronavirus crisis. This week, the southern economic powerhouse ...
U.S. consumer spending rose less than expected in January, a loss of momentum that could be exacerbated by the rapidly spreading coronavirus, which has triggered a sharp stock market sell-off and revived fears of a recession.
Coronavirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value terms to US$5 trillion.
CHICAGO: United Airlines Holdings said on Friday (Feb 28) it was cancelling flights to Tokyo, Osaka, Singapore and Seoul due to health concerns related to the coronavirus outbreak. The Chicago-based airline also said it was extending the suspension of US flights to China through Apr 30. Earlier ...
India's economic growth rose slightly to 4.7 percent in the last three months of 2019, government data showed Friday, edging back from six-year lows.
