DUBAI: Iranian merchants plying the busy Strait of Hormuz between Dubai and Iran fear their next trip home will be a one-way trip after the United Arab Emirates banned ferry services to prevent the spread of coronavirus. "Business is finished," said Iranian trader Morad as he stacked goods on...
MAPLEWOOD, Minn.: Diversified manufacturer 3M Co has avoided major supply chain disruptions from the coronavirus outbreak by sourcing materials for its protective face masks from regional suppliers instead of far-flung locations, a company official told Reuters. More than 3,200 people have died ...
BANGKOK: Thailand needs to invest in education and create jobs in higher-income sectors, the World Bank said in a report on Thursday (Mar 5) that showed a rising rate of poverty as the country's economy slowed. Thailand is Southeast Asia's largest economy after Indonesia but has lagged its ......
Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered by an industry sales warning as the outbreak cripples travel demand.
Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered by an industry sales warning as the outbreak cripples travel demand.
China's Alibaba Group will provide 1 billion yuan (US$144 million) in spending subsidies for a March online shopping festival to counter the impact of the coronavirus outbreak.
Apple's manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business.
Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered by an industry sales warning as the outbreak cripples travel demand.
Southwest Airlines Co said on Thursday it expects a hit of US$200 million to US$300 million to its first-quarter operating revenue from a fall in customer demand and an increase in trip cancellations due to the coronavirus outbreak.
Southwest Airlines Co said on Thursday it expects a hit of US$200 million to US$300 million to its first-quarter operating revenue from a fall in customer demand and an increase in trip cancellations due to the coronavirus outbreak.
