Markets

Mattel Inc will close a factory in Canada after shutting down two plants in Asia, as the toymaker reduces its manufacturing footprint to cut costs, the Wall Street Journal said on Sunday.

China's central bank said Sunday it will offer a 300 billion yuan ($43 billion) boost next week to help businesses involved in fighting the virus epidemic which has swept China and infected thousands.

Local Chinese authorities have not blocked Apple supplier Foxconn from resuming production amid a coronavirus outbreak, they said in a statement on Sunday, denying an earlier report in the Nikkei Business Daily.

The local government of the city of Shenzhen in southeastern China said on Sunday it had not blocked plans by Apple supplier Foxconn to resume production, adding that the company would restart once inspections were completed.

Senior members of Prime Minister Boris Johnson's Conservatives who have demanded Chinese telecoms giant Huawei must not have a role in Britain's 5G mobile network are conducting "a kind of witch-hunt", China's ambassador to London said on Sunday.

U.S. Energy Secretary Dan Brouillette said on Friday that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change.

Plans to cut some of South African Airways' (SAA) domestic and international routes are aimed at making the airline sustainable and free from government funding after restructuring, experts appointed to try to rescue the company said on Sunday.

The office gives you a better chance of picking up new ideas — and more, says the Financial Times' Pilita Clark.

Scientists from the United States to Australia are using new technology in an ambitious, multi-million-dollar drive to develop a vaccine in record time to tackle China's coronavirus outbreak.

SINGAPORE: The organiser of the Singapore Airshow plans to sell fewer tickets to the public as part of measures against the novel coronavirus, as it confirmed more than 70 participating companies have pulled out.  Experia Events managing director Lek Chet Lam said he expects ticket sales to be ...