Belgium's Brussels Airlines, a Lufthansa subsidiary, has extended its suspension of flights until at least May 15, it said on Monday.
French tyre company Michelin said on Monday that its leading executives had agreed to take pay cuts as a gesture of solidarity to help deal with the negative effects of the hit to its business from the COVID-19 outbreak.
HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against the bank's decision to scrap dividend payments.
SINGAPORE: Singapore needs to plan and be ready for more disruptions to its supply of food and other essentials, as lockdowns continue in exporting countries, said Minister for Trade and Industry Chan Chun Sing. Speaking in Parliament on Monday (Apr 6), Mr Chan noted COVID-19 has “severely ...
Prime Minister Muhyiddin Yassin’s government must balance relief for Malaysians’ financial pain against tackling the deeper weaknesses of the economy and the country’s fiscal position, says Eugene Mark.
SINGAPORE: Another S$5.1 billion has been earmarked to help Singapore weather the COVID-19 crisis in a third support package announced by Deputy Prime Minister Heng Swee Keat on Monday (Apr 6). Called the Solidarity Budget, it is aimed at saving jobs and protecting livelihoods during the four ...
SINGAPORE: The Government will introduce a Bill on Tuesday (Apr 7) to allow businesses and individuals to defer certain contractual obligations such as rent "for a period", said Finance Minister Heng Swee Keat on Monday (Apr 6). Speaking in a ministerial statement in Parliament on Monday, Mr Heng ...
SINGAPORE: The Government will expand the criteria of self-employed people who are eligible for cash support, Deputy Prime Minister Heng Swee Keat said on Monday (Apr 6). Under the previously announced Self-Employed Person Income Relief Scheme (SIRS), 88,000 freelancers such as taxi drivers, real ...
Apple has said it will soon be producing one million face shields a week for medical workers battling the coronavirus pandemic.
After a coronavirus-fuelled wave of panic-buying briefly left Hong Kong's supermarket shelves bare, residents are turning to local producers for fresh food in a city almost entirely reliant on imports.
