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.
SACRAMENTO, Calif.: California's Santa Clara County, the technology hub hit hard by some of the first American cases of the coronavirus, dramatically slowed the illness with early and aggressive shelter-at-home rules, public health officer Sara Cody said on Tuesday. The county of about 2 million ...
Volkswagen Mexico issued a statement saying one of its employees in the country had died in a potential case of coronavirus.
Oil climbed on Wednesday, reversing most of the prior session's losses, as investors pinned hopes on a Thursday meeting where OPEC members and allied producers will discuss output cuts to shore up prices that have tumbled amid the coronavirus pandemic.
Republican U.S. senators who have introduced a bill that would remove U.S. defense systems and troops in Saudi Arabia unless it cuts oil output will hold a call with the kingdom's officials on Saturday, a source familiar with the planning said on Tuesday.
U.S. casino operator Wynn Resorts Ltd and automated teller machines maker NCR Corp jointly raised US$1 billion on Tuesday, in the first unsecured junk-rated bond offerings since the market was roiled by the coronavirus outbreak at the start of March.
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.
Levi Strauss & Co said on Tuesday a majority of its stores in China, where the coronavirus outbreak first emerged in December, were open with sales recovering on a weekly basis and digital sales rising last month.
Boeing Co said late on Tuesday it will make two new software updates to the 737 MAX's flight control computer as it works to win regulatory approval to resume flights after the jet was grounded following two fatal crashes in five months.
