Swedish carmaker Volvo is suspending production at its factories in Sweden, the United States and Belgium, to curb the spread of the coronavirus, it said on Friday, even as it resumes manufacturing in China where the infection rate has slowed.
British retailer Marks & Spencer said on Friday trading over the next 9-12 months in its clothing and homewares and international businesses was likely to be "severely impacted" by the coronavirus.
UNITED Overseas Bank (UOB) on Friday announced a slew of relief measures for its customers in Malaysia – both businesses and individuals – affected by Covid-19, as the virus outbreak situation in the country takes a turn for the worse.
Orange's networks should be able to withstand a surge in usage as people work from home during a lockdown in France to contain the coronavirus outbreak, CEO Stephane Richard said on Friday.
BRUSSELS: Alphabet Inc's YouTube said on Friday it will reduce its streaming quality in the European Union to avoid straining the internet as thousands of Europeans, constrained by the coronavirus outbreak, switch to teleworking and watch videos at home. YouTube is the second company after Netflix ...
India wants to set up an e-commerce regulator and force companies such as Amazon to swiftly turn over information sought by authorities as part of a new policy being drafted, two sources familiar with the plan told Reuters.
Malaysia's AirAsia Group Bhd said on Friday that the internal inquiry into corruption allegations by Britain's Serious Fraud Office (SFO) has found that its procurement process with Airbus was robust and justifiable.
Supply restraint by core-OPEC producers could push second-quarter Brent oil prices up to US$30 a barrel, while U.S. measures to support the market could underpin prices in the near term, Goldman Sachs said in a research note.
The European Commission has warned Europe's telecoms providers not to block content platforms in an attempt to prevent internet gridlock caused by house-bound Europeans teleworking or video streaming due to the coronavirus outbreak.
SINGAPORE: At least 21 firms listed on the Singapore Exchange have temporarily shuttered their factories, offices and retail shops in Malaysia to comply with the country’s restricted movement order. The order, which kicked in on Wednesday (Mar 18) and will last until the end of the month, was ......
