Markets

BRUSSELS: European Union leaders failed to agree on Thursday (Mar 26) on the scale of support for their economies battered by the coronavirus, but gave themselves two more weeks to work out details in a dispute between the ailing south and the fiscally conservative north. Highlighting how the ......

As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle East carriers that have been in the red for years must urgently tap assistance from governments facing their own revenue slump.

HONG KONG: Asian equities rallied again and the dollar extended losses on Friday (Mar 27), with traders buoyed by government and central bank pledges to prop up the global economy as the coronavirus sends countries into lockdown. Despite the painful toll the disease is inflicting on lives and ......

TOKYO: Toshiba Machine Co said on Friday that a majority of shareholders approved controversial anti-takeover measures against a fund backed by veteran activist investor Yoshiaki Murakami. The vote, seen by some as another test case for Japan's corporate governance, would allow the Japanese ...

SINGAPORE: Supermarket chain NTUC FairPrice expanded its purchase limits to include cooking oil and canned products, while making changes to previous restrictions on items like paper products and poultry. In a Facebook post on Friday (Mar 27), FairPrice said this was in response to the evolving ...

Oil prices rose on Friday after world leaders promised a massive injection of funds to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for oil.

Increased demand for eggs in the United States has sent egg prices soaring in recent weeks as consumers scramble to stock up on staples due to coronavirus shutdowns.

The U.S. Justice Department has approved United Technologies Corporation's planned merger with Raytheon Co , subject to conditions, the agency said on Thursday.

Lululemon Athletica Inc beat analysts' estimates for quarterly results on Thursday, lifted by strong holiday season demand, but the athletic apparel maker did not provide a full-year forecast as the coronavirus outbreak fuels uncertainty.

Saving jobs is key priority in this COVID-19 downturn - and businesses can afford to be more sensitive to doing so, says ManpowerGroup’s Linda Teo.