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Markets

Court stalls e-commerce antitrust probe following Amazon challenge – lawyers

An Indian court on Friday put on hold an antitrust investigation into leading e-commerce companies following a challenge by Amazon.com Inc, two lawyers involved in the proceedings told Reuters on Friday.

Markets

Coronavirus scare leaves China’s empty restaurants selling off stocks

Wang Chuanchao shuttered his restaurant in central Beijing three weeks ago as the scare over the coronavirus epidemic in country kept customers away and now he's reduced to selling off vegetables on the street outside to cut losses.

Markets

KLM apologises after airliner crew’s COVID-19 toilet note sparks outrage in South Korea

KLM, the Dutch arm of Air France KLM , offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean saying passengers on a recent flight were not allowed to use a toilet because of the new coronavirus.

Markets

KLM apologizes after airliner crew’s coronavirus toilet note sparks outrage in South Korea

KLM, the Dutch arm of Air France KLM , offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean saying passengers on a recent flight were not allowed to use a toilet because of the new coronavirus.

Markets

Dolce & Gabbana founders have received offers but have no plans to sell

Italy's Dolce & Gabbana founder Stefano Gabbana said on Friday he had received proposals to buy the group but had no intention to sell.

Markets

Nissan shares tumble to ten-and-a-half year low after earnings rout

Shares of Nissan Motor Co fell to their lowest in 10-1/2 years on Friday, tumbling nearly 10per cent after the struggling Japanese automaker cut its annual profit forecast and said it would not pay a dividend in the second half.

Markets

GE pledges S$1m to customers affected by Covid-19; donates S$200,000 to Courage Fund

INSURER Great Eastern (GE) on Friday said it will roll out a S$1 million support package to help customers affected by the Covid-19 outbreak, and contribute S$200,000 to The Courage Fund, which is administered by the National Council of Social Service and Community Chest.

Markets

Great Eastern pledges S$1m to customers affected by Covid-19

INSURER Great Eastern (GE) on Friday said it will roll out a S$1 million support package to help customers affected by the Covid-19 outbreak, and contribute S$200,000 to The Courage Fund, which is administered by the National Council of Social Service and Community Chest.

Markets

Samsung Electronics says its board chairman offers to resign

Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.

Markets

Hedge funds test Swiss tolerance with franc gambit

Hedge funds betting that the Swiss franc will climb further against the euro will soon meet their match, according to investors who are taking the other side of the trade.

Markets

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