LOS ANGELES: XPO Logistics Inc shares jumped almost 13per cent on Tuesday after executives said its e-commerce fulfillment, returns and home delivery businesses are thriving during the novel coronavirus crisis. "E-commerce saved us in April. ... It was our strongest performing vertical across the ...
Children are accessing the internet at a younger age, spending longer online and are at greater risk of cyber bullying as the COVID-19 pandemic keeps them at home, a U.N. agency said on Tuesday.
Chicago Federal Reserve Bank President Charles Evans said on Tuesday that it's "reasonable" to expect a return to economic growth in the second half of the year, but that such an outcome is only slightly more likely than other, more pessimistic views.
Wendy's Co said on Tuesday its restaurants may face a shortage of many menu items, including hamburgers, as beef processors in the United States struggle to keep their plants open amid the COVID-19 pandemic.
White House economic adviser Kevin Hassett on Tuesday said he expects the U.S. unemployment rate was above 16per cent in April, as the coronavirus pandemic began to devastate the country's economy.
The body representing global airlines came out in favour of passengers wearing masks onboard on Tuesday, as debate intensifies over how to get airlines flying while respecting social-distancing rules following the coronavirus crisis.
LONDON: British airline Virgin Atlantic said on Tuesday (May 5) that it planned to cut 3,150 jobs and would move its London Gatwick operations to Heathrow airport as it counts the cost of the COVID-19 pandemic. The spread of the novel coronavirus has virtually brought airports around the globe to...
Britain and the United States warned on Tuesday that government-backed hackers are attempting to break into healthcare and research institutions involved in the global response to the new coronavirus outbreak.
LONDON: The body representing global airlines came out against leaving middle seats empty on aircraft on Tuesday (May 5), as debate intensifies over how to get airlines flying while respecting social-distancing rules in the wake of the coronavirus crisis. Brian Pearce, chief economist at the ...
SINGAPORE: Additional costs incurred by public transport operators because of the COVID-19 outbreak are not "adequately covered" by current fares and will "eventually have to be borne by operators and taxpayers", said Minister for Transport Khaw Boon Wan on Tuesday (May 5). In a written reply to a ......