Markets

SINGAPORE: Despite the impact of the novel coronavirus outbreak, the future of the aviation sector remains bright, Deputy Prime Minister Heng Swee Keat said on Monday (Feb 10).   Speaking at the opening ceremony of this year’s Singapore Airshow, Mr Heng noted that globally, airlines were seeing a ...

REUTERS: Arm Ltd, a semiconductor technology firm owned by SoftBank Group, unveiled a chip technology aimed at putting artificial intelligence functions on tiny devices such as sensors designed to detect patterns in human speech or other streams of data. Arm, which provides chip technology to ...

Office sharing startup WeWork has closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.

Xerox Holdings Corp raised its offer to buy HP Inc to US$24 per share from US$22 per share on Monday, following several rejections of its previous buyout offer by the PC maker.

German software company TeamViewer said on Monday it was seeing extra demand for its connectivity services due to the coronavirus outbreak, as it forecast that revenue and core profit would grow by about a third this year.

Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause "irreparable" loss and damage to its reputation, according to its court filing seen by Reuters.

China's Geely Automobile said on Monday it is in early discussions with Swedish carmaker Volvo Car AB about combining the two businesses into a global business with listings in Hong Kong and Stockholm.

Alibaba Group Holdings said on Monday its affiliate Ant Financial's MYBank unit would offer 20 billion yuan (US$2.86 billion) in loans to companies in China in light of the coronavirus outbreak, with preferential terms for Hubei firms.

Apple supplier Foxconn got approval to resume production at a key China plant after being forced to shut it following a coronavirus outbreak, but only 10per cent of the factory's workforce has managed to return so far, a source told Reuters.

KUALA LUMPUR: Malaysia's economy is expected to expand by 4.8 per cent this year, Prime Minister Mahathir Mohamad said on Monday (Feb 10), maintaining the government's forecast as it braces for a potential global slowdown tied to the novel coronavirus outbreak. Mahathir said the government expects ...