US home sales logged their biggest drop in nearly 10 years in April as the novel coronavirus pandemic upended the labor market and broader economy, undercutting demand for housing.
The US continued its cautious reemergence from a coronavirus-linked shutdown over the past week, with measures of retail foot traffic slowly increasing but broader indexes of economic activity still stalled.
NEW DELHI: Ticket pricing restrictions, protective suits and goggles for flight attendants and no food served on board planes are among the rules proposed by India's civil aviation ministry on Thursday (May 21) as it prepares to resume domestic flying within days. After a two-month coronavirus ...
Amazon.com Inc is scheduling its annual Prime Day shopping promotion for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported, citing people familiar with the matter.
Starbucks Corp said on Thursday it had regained nearly two-thirds of its comparable U.S. store sales from the prior year, as it reopened stores and modified operations due to the coronavirus-related restrictions.
SINGAPORE: Local banks in Singapore are using the wage subsidies from the Jobs Support Scheme (JSS) to create new jobs during the COVID-19 pandemic, they told CNA on Thursday (May 21) . In response to queries, a DBS spokesperson said that it will use the payouts to continue hiring...
Chinese search engine giant Baidu Inc is considering delisting from the U.S. Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, three sources said.
TJX Cos Inc's first-quarter sales more than halved on Thursday, as the off-price retailer's stores and online operations remained shut for most of the quarter due to coronavirus-led lockdowns.
Amazon.com Inc is rolling out services to deliver food in India, pitting it against established players Swiggy and Zomato in a market that has seen explosive growth in the last few years.
U.S. President Donald Trump travels to the political swing state of Michigan on Thursday to visit a Ford plant amid tension with the state's Democratic governor and differences over the speed at which the country is reopening from its COVID-19 shutdown.
