Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing out US$28.6 billion in grants - money to help these small businesses stay afloat while they wait for customers to return.
In the first Biden administration rule aimed at combating climate change, the Environmental Protection Agency is proposing to phase down production and use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigerators and air conditioners.
A coalition of US and European travel, airline, union, business and airport groups on Monday (May 3) called for fully reopening the US-UK air travel market "as soon as safely possible".
MENLO PARK, California: Former US president Donald Trump will find out this week whether he gets to return to Facebook. The social network’s quasi-independent Oversight Board said it will announce its decision Wednesday (May 5) on a case concerning the former president. Trump's account was ...
SINGAPORE: Singapore’s factory activity expanded for a 10th consecutive month in April, data released on Monday (May 3) by the Singapore Institute of Purchasing & Materials Management (SIPMM) showed. The Purchasing Managers' Index (PMI) recorded an increase of 0.1 point in April to post a faster ...
MONTREAL, Canada: Bombardier said on Monday (May 3) it expects first-quarter business jet revenues to rise by 18 per cent to US$1.3 billion from a year ago, helped by improving demand for air travel. The Montreal-based maker of Global aircraft will report results on Thursday. Bombardier expects ...
SUNNYVALE, California: AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management in a US$5 billion deal. Verizon said Monday (May 3) that it will keep a 10 per...
BEIJING: Electric vehicle maker Tesla, facing scrutiny in China over safety and customer service complaints, is boosting its engagement with mainland regulators and beefing up its government relations team, industry sources said. Tesla's change of strategy leading to more behind-the-scenes ...
SINGAPORE: Several businesses in the Novena area said sales have dipped in recent days as some customers choose to avoid malls close to Tan Tock Seng Hospital (TTSH) where Singapore's largest active COVID-19 cluster has emerged. There are 35 cases linked to the cluster as of Monday (May 3). A...
Hong Kong's economy jumped back into growth in the first quarter of the year, official figures showed on Monday (May 3), ending the city's most pronounced period of recession in its modern history.
