The United States has entered an agreement with drugmaker Moderna Inc to acquire 100 million doses of its potential COVID-19 vaccine for around US$1.5 billion (£1.15 billion), the company and White House said on Tuesday.
Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts had expected, bolstering hopes that fuel demand in the world's biggest economy can weather the coronavirus pandemic.
Japanese industrial conglomerate Toshiba Corp said on Wednesday it was likely to report an operating loss for the April-June period, its first negative quarter in nearly four years, as it soaks up the impact of the coronavirus pandemic.
Australia's Commonwealth Bank (CBA) reported an 11.3-percent drop in full-year cash profits Wednesday as it took provisions against loan losses due to the coronavirus crisis.
Japanese industrial conglomerate Toshiba Corp said on Wednesday it was likely to report an operating loss for the April-June period, its first negative quarter in nearly four years, as it soaks up the impact of the coronavirus pandemic.
Tesla Inc on Tuesday announced a five-for-one stock split, sending the electric carmaker's recently high-flying shares up 7per cent in extended trade.
Home rental startup Airbnb said on Wednesday it supported the development of a digital services tax regime being discussed by the Organisation for Economic Co-operation and Development (OECD) to bridge a divide between the United States and Europe.
To ban access of foreign companies and expect domestic companies and the government to profit directly is a dangerous line to cross, says Howard Yu.
SINGAPORE: Come next year, some commuters may be able to make the last-mile journey between their home and the MRT station in a small, two-seater electric car. Singapore firm QIQ Global plans to launch the microcars for hire. Dubbed the QIQ Pod, it will be no bigger than 2.4m long...
Singapore Airlines Group and Changi Airport passenger traffic could remain at 1 per cent of normal levels for at least several more months, says Brendan Sobie.
