Markets

Fiat Chrysler said on Wednesday it might temporarily close some plants in Italy, where necessary, in response to a coronavirus outbreak in the country, the largest in Europe.

SINGAPORE: Visitors will get to enter Sentosa for free from Mar 14 until the end of June, as part of the resort island’s new supportive measures for its businesses amid the COVID-19 outbreak. This is an extension of an earlier plan to waive admission fees for all visitors during...

Uber Technologies Inc is considering temporarily suspending the accounts of riders and drivers who have tested positive for the coronavirus or have been exposed to it, CNN reported on Wednesday.

Saudi Arabia's energy ministry has directed oil producer Saudi Aramco to raise its output capacity to 13 million from 12 million barrels per day (bpd), CEO Amin Nasser said in a statement on Wednesday.

BEIJING: Some companies in Wuhan, the Chinese city where the novel coronavirus outbreak emerged late last year, are to be allowed to return to work, provincial officials said on Wednesday (Mar 11). Businesses involved in providing daily necessities can resume work and production immediately, as ...

China's construction activities were stalled in February as the government extended Lunar New Year holidays and advised people to stay indoors as a precaution against a coronavirus outbreak.

LONDON: For money managers, it's bad enough watching COVID-19 wipe trillions of dollars off world markets' value. Even worse is not knowing how bad the outbreak really is for the economy, company balance sheets, and in turn for their portfolios. Having torn across borders to almost 100 countries ......

NEW YORK: The United States on Tuesday (Mar 10) granted Chinese telecom giant Huawei another 45 days to continue doing business with American companies. The new provisional license expires on May 15. Prior to the extension, the previous license was set to expire on Apr 1. In May, Washington said ......

JEFFERIES Research on Wednesday upgraded OCBC to "buy" amid the recent sell-down on Singapore banks, arguing as well that the local trio have historically resilient earnings and dividend cushion.

NEW YORK: COVID-19 angst has the world washing its hands with newfound vigour - but the performing arts world wringing them, as directives to scrap mass events threaten the entertainment world with economic chaos. The past week has seen major events including Miami's Ultra electronic dance music ...