The coronavirus pandemic could cost the global economy $4.1 trillion as it ravages United States, Europe and other major economies, the Asian Development Bank warned on Friday
South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns.
DBS announced its third round of liquidity relief measures for individuals and small and medium-sized enterprises (SMEs) on Friday, on top of the recently unveiled relief package by the Monetary Authority of Singapore (MAS).
LONDON: British supermarket group Sainsbury's said on Friday it would start to remove the customer purchasing limits it imposed as a response to increased demand during the coronavirus emergency. "As stock continues to build, we have been reviewing whether we still need to limit the number of ...
H&M , the world's second-biggest clothing retailer, reported on Friday a 46per cent plunge in March sales as the coronavirus pandemic took its toll and said it expected to run a loss in its fiscal second quarter.
EU justice chief Vera Jourova on Thursday criticised U.S. tech giants such as Google and Facebook for making money off coronavirus-related fake news instead of putting in more efforts to stop the deluge.
Volkswagen's Traton commercial truck unit has seen cancellations of orders due to the coronavirus outbreak but these are manageable, its chief told a German magazine in an article published on Friday.
Mexico's Grupo Modelo said on Thursday it will temporarily stop brewing Corona beer and other brands exported to 180 countries after its business activities were declared non-essential under a government order aimed at curbing the spread of the coronavirus.
BANKING fees from mergers and acquisitions (M&A) transactions in the Asia-Pacific, excluding Japan, fell to an eight-year low of US$473.1 million in the first quarter of 2020, down 39.2 per cent from a year ago, according to Refinitiv data as at April 2.
Oil prices retreated on Friday after massive gains, while stocks in Asia edged down, as doubts grew over an oil price deal between Saudi Arabia and Russia that U.S. President Donald Trump said he had brokered.
