Markets

Nokia and Deutsche Telekom became the latest big name companies to pull out of this month's Mobile World Congress (MWC) in Barcelona because of the coronavirus outbreak, adding to the likelihood the event could be scrapped.

Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second straight quarter by losses at its US$100 billion Vision Fund.

SINGAPORE: Ride-hailing operator Grab announced on Wednesday (Feb 12) that it would begin rolling out a new service that offers dedicated 24-hour service for healthcare professionals travelling from work. The service, called GrabCare, will begin its pilot on Friday for healthcare professionals ...

LONDON: Britain said on Wednesday it would impose a new duty of care on big tech companies, such as Facebook, Google and Snap, to better protect online users from harmful content. The government said the duty of care would be designed to ensure that all companies had appropriate systems...

Food retailer Ahold Delhaize met forecasts with a 3per cent rise in fourth-quarter core earnings on Wednesday helped by its Food Lion and Hannaford U.S. grocery chains and strong online sales.

UNITED Overseas Bank (UOB) on Wednesday said it has set aside S$3 billion to provide companies, especially small- and medium-sized enterprises (SMEs), in Singapore with relief assistance to tide over the negative impact of the Covid-19 outbreak on their business.

MOSCOW: Russia's Federal Security Service (FSB) has ordered some of the country's major internet companies to give it continuous access to their systems, The Bell investigative website reported late on Tuesday, citing three sources at the firms. It said the measure would affect a string of Russian ...

Nissan Motor Co may report its first quarterly loss in more than a decade on Thursday because of slumping sales, sources familiar with the company said, adding more pressure on efforts to rebuild the company after Carlos Ghosn's ouster.

Switzerland's Schindler will embark on an all-out legal antitrust offensive if Thyssenkrupp selects Finland's Kone as the buyer of its elevator division, board member Alfred Schindler told Reuters.

Russia's Federal Security Service (FSB) has ordered some of the country's major internet companies to give it continuous access to their systems, The Bell investigative website reported late on Tuesday, citing three sources at the firms.