As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group.
United Airlines Holdings Inc on Tuesday announced a stock offering of 39.25 million shares, sending its shares down 3per cent in extended trading.
SINGAPORE: The lack of information from some coworking space providers on rental rebates continues to frustrate small business owners, even as the Government implements measures designed to offer relief from some rent obligations amid the COVID-19 outbreak. The COVID-19 (Temporary Measures) Bill ...
The coronavirus outbreak has transformed the working world. But the biggest question may be what took us so long to make that leap into remote working in the first place, asks Crispina Robert.
Fiat Chrysler Automobiles N.V. said on Tuesday it had drawn down on a 6.25 billion euro (US$6.79 billion) credit line to buffer its cash reserves during the uncertainty around the coronavirus health crisis.
SINGAPORE: The financial woes of Hin Leong Trading have “no serious impact” on Singapore’s oil trading and bunkering sectors, and the country’s banking system remains “sound”, said three government agencies in a joint statement on late Tuesday (Apr 21). A flurry of media reports over the past week ......
BANGKOK: Incomplete and prospective hydropower dam projects in Southeast Asia, particularly along the Mekong River and its tributaries, are at risk of major delays and shutdowns as the COVID-19 pandemic impacts major industries, energy markets and worker safety. The government of Laos has already ...
Low prices are generally good for big consumers, such as China, and bad for big producers such as Saudi Arabia, or more lately the US, says Christian Downie.
There is good reason to worry that the world economy is heading into a deep, protracted recession, says Eswar Prasad and Ethan Wu.
UNITED Overseas Bank (UOB) on Tuesday announced that it will offer pre-approved loans of up to S$200,000 to ease the short-term liquidity woes of small businesses hit by the novel coronavirus fallout.
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