Markets

The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures, which had never dropped below US$10 a barrel in its nearly 40-year history, plunged to a previously unthinkable minus US$38 a barrel.

Mercedes-Benz maker Daimler has seen business stabilise in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on Sunday.

The etiquette of video conferencing is still sadly a work in progress. Obeying these 10 rules can help you nail your Zoom meetings, says the Financial Times’ Pilita Clark.

TEL AVIV: Israel's Corsight AI, which has developed technology to recognise faces concealed by masks, goggles and plastic shields, raised US$5 million from Awz Ventures, a Canadian fund focused on intelligence and security technologies. Corsight said on Sunday it will use the funds to market the ...

Virgin Atlantic is still talking with the British government about a bailout package to cope with the devastating effects of the coronavirus outbreak on travel as well as focusing on private sector funding, a company spokeswoman told Reuters.

Tesla Inc is calling some workers back to its San Francisco Bay Area vehicle-assembly plant next week, Bloomberg News reported on Saturday.

SINGAPORE: The COVID-19 “circuit breaker” measures could delay construction projects by months, contractors said, predicting a manpower crunch when they eventually try to clear the backlog. Contractors said they will speed up work after the circuit breaker is lifted by deploying more workers to ...

Companies across a range of industries are slashing or suspending dividends to cope with the economic fallout from the coronavirus outbreak, complicating the stock selection process for money managers eager to buttress their portfolios with a steady stream of income.

The U.S. Treasury Department said on Saturday it has released US$9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to US$12.4 billion provided to the airline sector hit hard by the coronavirus pandemic.

India plans to fast track the review of some investment proposals from neighbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday (Apr 25).