Markets

Volkswagen on Wednesday said it expected to be profitable on a full-year basis even as the coronavirus pandemic caused first-quarter earnings to plunge.

The Federal Reserve, which has pumped trillions in emergency funding into U.S. financial markets to stem the damage from the coronavirus pandemic, is expected on Wednesday to reiterate its promise to do whatever it takes to support the world's largest economy.

Nine lobbying groups including the U.S. Chamber of Commerce have urged India to delay a new digital tax that will hit firms such as Facebook and Google as they are battling the fallout of the coronavirus, a letter seen by Reuters showed.

Chinese e-commerce retailer JD.com is pressing ahead with plans for a secondary listing in Hong Kong within the next few months despite the coronavirus pandemic still roiling financial markets, said sources with direct knowledge of the matter.

CIMB Singapore will delay the effective date of its minimum rate of its Singapore inter-bank offered rate (Sibor) and Swap offer rate (SOR) to Jan 1, 2021, in an announcement posted on its website seen on Wednesday.

Boeing Co is working with investment banks on a multibillion-dollar bond-fueled financing package, aiming to shore up its balance sheet amid a sharp travel downturn from the pandemic, three people familiar with the matter said on Tuesday.

SINGAPORE: Food and beverage outlets now have a new delivery service option – using ComfortDelGro taxis. Starting from Wednesday (Apr 29), F&B outlets can sign up for the delivery service, called ComfortDelivery, and have "immediate access to a fleet of 10,000 taxis" for food deliveries, said the ...

Movie moguls, directors and lawyers are searching for radical solutions to reopen Hollywood as soundstages gather dust and studio profits slide weeks after cameras stopped rolling due to COVID-19.

WASHINGTON/CHICAGO: US President Donald Trump on Tuesday (Apr 28) ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection. With ...

YouTube, the video service of Alphabet Inc's Google, said on Tuesday it would start showing text and links from third-party fact-checkers to U.S. viewers, part of efforts to curb misinformation on the site during the COVID-19 pandemic.