Markets

Volkswagen AG's Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for "preparation and training eyeing a gradual start further ahead," the company said in a statement on Sunday.

SINGAPORE: Singapore’s unemployment rate climbed to its highest in a decade and total employment fell to a record low in the first quarter of this year, as the labour market felt the early effects of COVID-19. According to the latest labour market report released by the Ministry of Manpower...

SINGAPORE: The Singapore economy is expected to contract by 5.8 per cent this year, according to economists and analysts polled in a survey by the Monetary Authority of Singapore (MAS) released on Monday (Jun 15). This is a sharp reversal from the 0.6 per cent growth expected by economists...

Oil prices fell on Monday, with U.S. oil dropping more than 2per cent, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery.

SANTIAGO: Chilean copper miners' unions called on Sunday (Jun 14) for a re-evaluation of the operational continuity plans of the country's biggest miners during what they said was an "alarming" increase in coronavirus cases among workers. In a statement signed by the union leadership of state ...

LONDON: EasyJet aircraft will take to the skies on Monday (Jun 15) for the first time since Mar 30, as the British carrier resumes a small number of mainly domestic flights after weeks of lockdown. Passengers, who under easyJet's new rules must wear face masks, were to board the airline's...

LONDON: Unilever Plc said on Monday (Jun 15) it will invest 1 billion euros in a fund to invest in climate change projects and reduce to net zero greenhouse gas emissions from all its products by 2039, 11 years ahead of the Paris Agreement deadline. Unilever, the Anglo-Dutch consumer products...

Amid brewing Sino-US tensions, economic distancing from China would carry heavy costs, says ANU’s Shiro Armstrong.

COVID-19 makes it difficult to administer and manage the annual performance reviews in any case, so it is timely to introduce more relevant frameworks, says Adrian Tan.

LIMA: The ancient Inca citadel of Machu Picchu, a jewel of Peruvian tourism, will sharply reduce the number of daily visitors once it reopens from a virus-imposed closure in July, officials said. Given the need for social distancing and other measures to prevent the spread of the coronavirus, only...