Markets

Investment managers BlackRock and Schroders said they have suspended trading in UK real estate funds aimed at institutional investors, citing difficulty in getting an accurate price for their assets.

Boeing Co Chief Executive Dave Calhoun said on Thursday the coronavirus pandemic was going to have a lasting impact on the global aerospace industry, as he outlined steps for a voluntary layoff plan for employees.

Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid related to the disruption caused by the coronavirus pandemic.

SINGAPORE: NTUC FairPrice Finest at Bedok Mall announced a three-day closure on Wednesday (Apr 1) after one of its employees tested positive for COVID-19. Following the move, FairPrice published a note on Facebook on Thursday afternoon to dispel rumours about the staff member, and to "share the ...

Sweden's H&M said on Thursday it was in talks with tens of thousands of its staff about shortening working hours with the firm among many retailers hit by the coronavirus pandemic and fewer customers in many markets.

Six planes carrying more than 4,000 high-quality French breeding pigs have arrived in China so far this year, the first of an expected dozens of plane-loads as the world's top pork producer rebuilds its decimated hog herd.

Talks between Bayer AG and plaintiff lawyers to settle claims that the German company's glyphosate-based weedkillers cause cancer have been slowed by the coronavirus pandemic, Bayer's Chief Executive told daily Handelsblatt.

STOCKHOLM: Geely-owned Volvo Cars and auto tech supplier Veoneer will split their jointly owned software venture Zenuity to pursue separate strategies for the business, the companies said on Thursday. The companies said last year they were conducting a strategy review of Zenuity, a firm focused ...

Europe's top court on Thursday backed Amazon in its dispute with the German unit of U.S. cosmetics company Coty's, saying the online retail giant is not liable for unwittingly stocking trade mark infringing goods for third-party sellers.

SoftBank Group Corp said it has terminated a US$3 billion tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal action and plunging the floundering office space company further into crisis.