Markets

PARIS: Manufacturers are on a mission to produce desperately needed medical ventilators for the coronavirus pandemic, even if it means converting assembly lines now making auto parts. Along with a shortage of masks and gloves, the spread of COVID-19 to almost every corner of the globe has ...

Those pining for a bottom to the gut-wrenching stock market selloff may be disappointed to learn that mega one-day rallies like the historic one witnessed on Tuesday are typically not the start of a durable recovery.

NEW DELHI: India's billion-plus population went into a three-week lockdown on Wednesday (Mar 25), with a third of the world now under orders to stay indoors, as the coronavirus pandemic forced Japan to postpone the Olympics until next year. Financial markets soared after a catastrophic month as ...

Facebook Inc said on Tuesday the coronavirus outbreak was undercutting sales of the advertising that accounts for nearly all of its revenue, even as more users spend time on the social network during virus-related lockdowns.

Detroit's Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed on the matter said Tuesday.

NEW DELHI: The Indian government said on Wednesday (Mar 25) that it is banning the export of hydroxychloroquine and formulations made from the medication, as experts test the efficacy of the drug in helping treat patients infected with COVID-19.  There are currently no approved treatments, or ...

SINGAPORE-BASED robo-adviser Smartly has ceased operations after fewer than three years in the business.

REUTERS: Private rocket company SpaceX had an incident during parachute testing for its Crew Dragon capsule, in which the simulated spacecraft being tested became unstable and was dropped early, according to a tweet from a CNBC reporter. No one was injured in the incident, according to the tweet ......

SEOUL: South Korea said it will send medical equipment to the United States to fight the coronavirus if it has any spare after an urgent request from US President Donald Trump in which he promised to help Korean firms gain US government approval. The news, which sent shares in South Korean...

KUALA LUMPUR: The United States has lifted a ban on a Malaysian medical glove maker it had accused of using forced labour, a government statement showed, amid a surge in demand for personal protective equipment to fight the coronavirus crisis. The US Customs and Border Protection (CBP) on Tuesday ......