Markets

Goldman Sachs said on Friday it expects iPhone shipment to drop 36 per cent during the third quarter due to coronavirus-related lockdowns around the world and downgraded Apple stock to "sell".

Institutional investors in 15 major pharmaceutical companies have called on the drugmakers to set aside rivalries and short-term interests and cooperate on finding solutions to the coronavirus.

China's economy contracted for the first time on record in the first quarter as the coronavirus shut down factories and shopping malls and put millions out of work.

At least eight European hedge funds are launching portfolios betting on a recovery in corporate debt and emerging markets after the coronavirus pandemic triggered the biggest market rout in a generation.

REUTERS: Clinical trial service providers report a spike in demand for virtual trials as pharmaceutical companies try to prevent the coronavirus outbreak from derailing their drug rollouts. With many trial participants isolating themselves at home, drugmakers are forced to choose whether to skip ...

REUTERS: From Africa to Asia and Latin America, emerging countries disproportionately bruised by the COVID-19 pandemic are allowing some key industries to start back up in a bid to soften the economic blow. This tentative unlocking highlights the balancing act for developing nations as they seek ...

Goldman Sachs said on Friday it expects iPhone shipment to drop 36per cent during the third quarter due to coronavirus-related lockdowns around the world and downgraded Apple Inc stock to "sell".

BEIJING: Didi Chuxing, China's biggest ride-hailing firm which counts SoftBank as an investor, aims to complete 100 million orders a day and 800 million monthly active users globally by 2022, its chief executive Cheng Wei said. Didi also aims to achieve an 8per cent penetration rate in China's ......

SINGAPORE: Companies should pay cleaning service providers fairly during the COVID-19 outbreak, said the Government as well as trade bodies on Friday (Apr 17), in an advisory to maintain the sector's viability.  In the advisory, the Ministry of Manpower, National Environment Agency, National ...

Activist investors say telecommunications pioneer AT&T Inc won't take their calls for its upcoming annual meeting, reinforcing their concerns that the shift of the gatherings to cyberspace due to the COVID-19 pandemic would restrict shareholder input.