U.S. crude oil jumped over US$20 per barrel on Tuesday but still traded below US$0 after plunging into negative territory for the first time in history, dragged down by a supply glut and sagging demand for crude due to the coronavirus pandemic.
Workers at Ferrari are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious scheme that could serve as a blueprint for manufacturers desperate to resume production.
Nissan Motor Co on Tuesday said that it would temporarily shut down operations at its global headquarters and other facilities in Japan through early May to contain the spread of the coronavirus.
The coronavirus pandemic brought a six-month experiment in dual leadership at SAP to an abrupt end as the German business software group named Christian Klein as its sole CEO to provide clarity to its 400,000 clients.
U.S. crude oil jumped over US$20 per barrel on Tuesday but still traded below US$0 after plunging into negative territory for the first time in history, dragged down by a supply glut and sagging demand for crude due to the coronavirus pandemic.
THE Singapore police has launched an investigation into the city-state's giant oil trader Hin Leong Trading (HLT), as the debt-hit firm <a href="https://www.businesstimes.com.sg/energy-commodities/singapore-giant-oil-... target="_blank">seeks a standstill from over 20 creditors</a> to restructure whopping debts of US$4 billion.
China's central bank is conducting tests of a digital yuan payment system in four cities across the country, it told Reuters on Tuesday.
It allows users to create and watch livestreams of games, in a challenge to the Amazon-owned Twitch platform.
Starbucks Corp said on Monday it would roll out a new plant-based lunch menu in China this week, launching Beyond Meat Inc's products in a country where it is trying to recover from the novel coronavirus pandemic-led shutdown.
NEW YORK: US oil prices crashed to unprecedented lows on Monday (Apr 20) as futures in New York ended in negative territory for the first time amid a devastating supply glut that has forced traders to pay others to take the commodity. With space to store oil scarce, US benchmark...
