Markets

Vice President Mike Pence, heading the Trump administration's response to the coronavirus outbreak, said on Saturday that he would deliver a recommendation to the president on whether to re-open the U.S. economy in the coming week.

William Ackman's Pershing Square Capital Management no longer has hedges on its stock portfolio, but still has some cash to invest if equities decline further as the United States battles the coronavirus outbreak, the billionaire investor said on Saturday.

Iran is to allocate 20per cent of its annual state budget to fighting the coronavirus outbreak in the country, one of the worst-hit in the world, President Hassan Rouhani said on Saturday.

Three South Korean coronavirus test-kit makers have been given the green light to export their devices to the United States, officials said Saturday.

Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters.

Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters.

NEW DELHI: With India locked down over the coronavirus and no way to earn money, Dilipji Thakor faces a grim choice: Either walk home or die hungry. Thakor is among millions of migrant workers left jobless and penniless by the full shutdown of the country on Wednesday that has...

SINGAPORE: National postman Singapore Post said on Friday (Mar 27) that a contract staff and two full-time employees at its packet-processing facility at SingPost Centre have tested positive for COVID-19, and that cleaning and disinfecting is under way. The three individuals are not postmen and do ...

Alphabet Inc will donate more than US$800 million (645 million pounds) in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organizations and businesses, Chief Executive Officer Sundar Pichai said on Friday.

General Motors Co and Ford Motor Co got dragged into the political war over much-needed ventilators for coronavirus patients Friday as US President Donald Trump lashed out at the automakers for moving too slowly just hours before GM said it would build medical equipment at an Indiana plant.