REUTERS: Twitter Inc Chief Executive Officer Jack Dorsey on Tuesday pledged US$1 billion of his stake in Square Inc, the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic. In a series of tweets, Dorsey said the amount, representing ...
UOB is due to defer its annual general meeting, which was slated originally for April 30, given the restrictions of mass gatherings due to the virus outbreak, BT understands.
The U.S. government's massive effort to nurse the economy through the coronavirus crisis was billed as a send-money-and-don't-sweat-the-details flood of cash to people and businesses in a US$22 trillion system that has ground to a halt.
A global condom shortage is looming as the coronavirus pandemic shutters factories and disrupts supply chains, the world's top maker of the contraceptives said, with the United Nations warning of "devastating" consequences.
Australia's Treasury Wine Estates Ltd said it may spin off the prestigious Penfolds label and shrink its low-end "commercial" division in the United States as it seeks ways to grow profit amid upheaval brought by the coronavirus crisis.
China'a internet regulator ordered search engine Baidu to clean up improper information and halt spread of "low-brow content."
Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak.
Asian stock futures were under pressure on Wednesday after a late, sharp sell-off on Wall Street and as oil prices slumped under pressure from swelling global supplies.
South Korea's flag carrier Korean Air will put 70 percent of its 19,000 staff on furlough, it said, as it scrambles to cope with the coronavirus pandemic that has brought global aviation to a standstill.
Japanese automaker Nissan said on Wednesday its sales in China fell 44.9per cent from a year earlier to 73,297 units in March, as the coronavirus epidemic continues to hit the world's biggest car market.
