Markets

REUTERS: British entrepreneur Richard Branson said on Sunday (Mar 22) companies in his Virgin empire will be investing US$250 million in coming weeks and months to save jobs from the impact of the coronavirus outbreak. "Because many of our businesses are in industries like travel, leisure and ...

DUBAI: Dubai carrier Emirates reversed on Sunday its decision to suspend all passenger flights, shortly after it said it would halt operations from Mar 25 amid the novel coronavirus outbreak. The airline said it "received requests from governments and customers to support the repatriation of ...

SHARE buybacks by Singapore banks surged this month amid the market turmoil, as the valuations of their shares have hit levels below their book value in recent days.

MANY institutional and individual investors will face unfamiliar territory when they emerge from the current "fog of war" in which they are managing their investments and retirements through the fastest stock market correction in history.

WASHINGTON: The World Bank's executive board is expected to consider later this week the first fast-track funds to help Afghanistan and Ethiopia respond to the coronavirus pandemic, the Bank's president said on Sunday (Mar 22). In a blog posted on LinkedIn on Sunday, David Malpass said funding for ......

REUTERS: Facebook Inc Chief Executive Mark Zuckerberg said on Sunday (Mar 22) that the social media company has donated its emergency reserve of 720,000 masks to provide health workers with more protective gear. "To help, Facebook donated our emergency reserve of 720,000 masks that we had bought ...

A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but US$50 billion for struggling U.S. airlines would be a loan not a cash payout, according to a copy of the proposal seen by Reuters.

A first planeload of protective and medical equipment donated to Africa by Chinese billionaire and Alibaba co-founder Jack Ma to help it fight the coronavirus arrived in the Ethiopian capital Addis Ababa on Sunday.

Facebook will downgrade video streaming quality on its platform and on Instagram in Europe, the latest U.S. tech giant to respond to an EU call to stave off internet gridlock as thousands work from home due to the coronavirus outbreak.

BRUSSELS: Facebook will downgrade video streaming quality on its platform and on Instagram in Europe, the latest US tech giant to respond to an EU call to stave off internet gridlock as thousands work from home due to the coronavirus outbreak. Earlier this week, Netflix, Alphabet Inc's YouTube ...