Markets

BRUSSELS: Alphabet Inc's YouTube said on Friday it will reduce its streaming quality in the European Union to avoid straining the internet as thousands of Europeans, constrained by the coronavirus outbreak, switch to teleworking and watch videos at home. YouTube is the second company after Netflix ...

India wants to set up an e-commerce regulator and force companies such as Amazon to swiftly turn over information sought by authorities as part of a new policy being drafted, two sources familiar with the plan told Reuters.

Malaysia's AirAsia Group Bhd said on Friday that the internal inquiry into corruption allegations by Britain's Serious Fraud Office (SFO) has found that its procurement process with Airbus was robust and justifiable.

Supply restraint by core-OPEC producers could push second-quarter Brent oil prices up to US$30 a barrel, while U.S. measures to support the market could underpin prices in the near term, Goldman Sachs said in a research note.

The European Commission has warned Europe's telecoms providers not to block content platforms in an attempt to prevent internet gridlock caused by house-bound Europeans teleworking or video streaming due to the coronavirus outbreak.

SINGAPORE: At least 21 firms listed on the Singapore Exchange have temporarily shuttered their factories, offices and retail shops in Malaysia to comply with the country’s restricted movement order. The order, which kicked in on Wednesday (Mar 18) and will last until the end of the month, was ......

The "nut rage" heiress who forced a plane to turn back over her macadamias is fighting a bitter battle -- with activist shareholder support - against her brother for control of the family airline, highlighting resistance to reform in South Korea's chaebols.

The spread of a coronavirus adds uncertainty in the memory chip market, as it affects the overall environment of demand and supply, Lee Seok-hee, the president of South Korea's SK Hynix Inc, said on Friday.

Air Canada is set to lay off more than 5,100 members of its cabin crews because of a decline in flights following the coronavirus outbreak, CBC News reported https://www.cbc.ca/news/canada/british-columbia/more-than-5-100-air-canada-flight-attendants-to-be-laid-off-amid-massive-covid-19-slowdown-1 ...

Apple Inc is limiting customer purchases of iPhones over its online stores in many countries including the United States and China to a maximum of two handsets per person, checks on its website on Friday revealed.