Markets

SINGAPORE: Businesses and individuals who are unable to repay loans and fulfil contractual obligations will now have more time to apply for temporary relief against legal and enforcement actions amid the COVID-19 outbreak. Additionally, property buyers who have entered agreements with developers ...

Mallinckrodt Plc filed for bankruptcy protection on Monday in the face of lawsuits alleging it fueled the U.S. opioid epidemic and after the drugmaker lost a court battle to avoid paying higher rebates to state Medicaid programs for its top-selling drug.

Shareholders in Unilever Plc have approved the company's plan to end its 90-year-old dual-headed structure in favour of a single London-based entity, the Anglo-Dutch consumer goods company said on Monday.

Facebook Inc said on Monday it was updating its hate speech policy to prohibit any content that denies or distorts the Holocaust.

Millions of Indian public servants will be offered loans of around US$135 ?- to be repaid over 10 months -- in a bid to boost spending and salvage the coronavirus-ravaged economy, the government said Monday.

Wall Street's main indexes opened higher on Monday with the tech-heavy Nasdaq jumping more than 1per cent as optimism about a deal in Washington over more fiscal stimulus lifted sentiment ahead of the start of quarterly corporate earnings season.

Cloud communications platform provider Twilio Inc said on Monday it would buy customer data platform Segment for US$3.2 billion.

Question: How can a company like Caterpillar try to counter a slump in sales of bulldozers and trucks during a pandemic that has made every human a potential disease vector?

Goldman Sachs Group Inc management is considering whether to scale back financial targets set earlier this year, as the coronavirus pandemic has hindered the bank's business model revamp, analysts and sources inside the bank told Reuters.

Microsoft said Monday it had used a court order to take control of computers that were installing ransomware and other malicious software on local government networks and threatening to disrupt the November election.