Southwest Airlines on Thursday extended cancellations of 737 MAX flights through early August as the grounding of the Boeing Co jet drags on, potentially affecting the carrier's profits during the upcoming U.S. summer travel season.
Insurer American International Group Inc on Thursday reported a quarterly profit compared to a year-earlier loss, helped by smaller catastrophe losses and improved underwriting in its general insurance business.
China's Alibaba Group Holding Ltd reported a better-than-expected quarterly revenue on Thursday, as its core e-commerce and cloud computing businesses posted steady growth.
SINGAPORE banks have stepped up with relief measures to help businesses and retail customers navigate disruptions caused by the ongoing Covid-19 outbreak.
SHANGHAI: As Valentine's Day nears on Friday (Feb 12), Shanghai restaurant owner Bill Hu finds himself unusually free. The lights are out at seul&SEUL, his French fine dining spot in a high-end mall in China's commercial hub, with wine glasses stacked up and the kitchen silent, save for two...
SINGAPORE: Restaurant operators in Singapore are bracing for a significant hit on their revenue - with some expecting as much as an 80 per cent drop - over the next three months as tourists stay away and locals avoid public places amid the outbreak of a deadly novel coronavirus. To...
China is nudging insurers to work on cheaper medical cover linked to the coronavirus and is assuring them of fast-track approval for these new products, people with knowledge of the matter said.
Britain's biggest pizza delivery company Domino's Pizza Group said on Thursday it would sell its Norwegian business to existing minority shareholders of the business, kicking off the sale of its loss-making overseas operations.
The coronavirus outbreak is causing travel demand across the whole Asia Pacific region to slump, data showed on Thursday, as the impact of the flu-like illness on future bookings spreads beyond China.
Nissan Motor Co on Thursday cut its annual operating profit forecast by 43per cent, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.
