Chinese non-life insurers are discovering a silver lining to the cloud spreading over China's economic performance from the coronavirus outbreak - a sharp drop in car accident claims.
Cinema operator Cineworld could breach the terms of its existing debt arrangements under a worst case scenario for the impact of the coronavirus over the next few months, the company said in its annual results release on Thursday.
SINGAPORE: The Infocomm Media Development Authority (IMDA) has blacklisted Zero Mobile and suspended its licence, after the virtual telecommunications company failed to address billing disputes with former subscribers. Zero Mobile's licence to provide mobile virtual network operator services has ...
Britain's biggest supermarket Tesco does not expect to see anything more than short-term shortages of certain products as customers stockpile over coronavirus, its chairmain said on Thursday.
Twitter has ordered all staff globally to work from home in an effort to stop the spread of the deadly new coronavirus epidemic.
Auto sales in China plunged 79per cent in February, marking their biggest ever monthly decline, with demand pummeled by the coronavirus outbreak.
Investor worries about corporate credit are heating up as the coronavirus spreads, with the prices of bond funds taking a hit, companies starting to draw on credit lines and some market watchers warning of the possibility that investors pull out of products.
SINGAPORE: Singapore’s labour market held steady in 2019, although unemployment rates edged up, according to a Ministry of Manpower (MOM) report released on Thursday (Mar 12). Total employment growth in 2019, excluding foreign domestic workers, was the highest in five years, reflecting growth in ...
LOS ANGELES: The new U.S. ban on foreign citizens entering the country if they have travelled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said. The 30-day restrictions from Friday ...
WASHINGTON: Democrats in the US House of Representatives on Wednesday (Mar 11) unveiled a broad package of proposals to help Americans affected by the COVID-19 outbreak, while officials suspended public tours through the Capitol building. The legislation, which Democratic leaders aimed to rush to ...
