Markets

Slumping sales at big fast food chains could get a boost as hungry and restless customers spend stimulus checks after long lockdowns, analysts and some operators said ahead of quarterly earnings that will show the extent of damage from the coronavirus slowdown.

U.S. consumer confidence tumbled to near a six-year low in April as tough measures to curb the spread of the novel coronavirus sharply disrupted economic activity and threw millions of Americans out of work.

Bayer shareholders on Tuesday voted in favour of ratifying the executive board's business conduct during 2019, following a rebuke a year earlier.

The U.S. Treasury Department will audit every loan for more than US$2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus fallout, Treasury Secretary Steven Mnuchin said on Tuesday.

LONDON: Chinese-backed Imagination Technologies is at least three years away from a flotation because the chip designer's finances are so poor, but an eventual listing in Shanghai is a top option, a source with knowledge of the plans told Reuters. Imagination Technologies became the focus of a ...

Investors already know how the coronavirus outbreak has hurt Ford Motor Co's bottom line, so when the automaker releases first-quarter results on Tuesday they will focus on how and when Ford plans to restart North American operations.

The U.S. goods trade deficit widened in March amid a collapse in exports of motor vehicles and parts, but overall imports continued to decline likely as the novel coronavirus outbreak disrupted the flow of goods.

The U.S. Treasury Department will audit every loan for more than US$2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus fallout, Treasury Secretary Steven Mnuchin said on Tuesday.

REUTERS: Global payment service provider Checkout.com said on Tuesday it would join Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra. "The Libra project holds the promise of increasing financial inclusion for billions of unbanked people", the ...

SINGAPORE: Supermarket chain Sheng Siong on Tuesday (Apr 28) reported a near 50 per cent rise in first quarter profits following “elevated demand” that was triggered when the Government raised the DORSCON level to Orange on Feb 7. In recognition of their efforts, Sheng Siong will give an ...