KUALA LUMPUR: The United States has lifted a ban on a Malaysian medical glove maker it had accused of using forced labour, a government statement showed, amid a surge in demand for personal protective equipment to fight the coronavirus crisis. The US Customs and Border Protection (CBP) on Tuesday ......
SYDNEY: Qantas Airways on Wednesday (Mar 25) secured A$1.05 billion (US$627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30 per cent, as airlines in the Asia-Pacific region took the knife to capacity and jobs. The Qantas financing of seven ......
The German elevator-to-car parts conglomerate Thyssenkrupp will cut 3,000 jobs at its steel unit by 2026 as part of a wage deal it struck with powerful labor union IG Metall, it said on Wednesday.
SEATTLE: Boeing plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter said on Tuesday (Mar 24). Boeing's planning hinges on the scale of disruptions from the fast spreading COVID...
Two more New York Stock Exchange floor traders tested positive for the coronavirus on Tuesday despite strict measures taken to prevent people infected by the virus from entering the exchange while it remained open last week, according to a memo seen by Reuters.
Walmart de Mexico said on Tuesday that its chief financial officer Olga Gonzalez has resigned for personal reasons and will leave her post by April 30.
Saudi Arabia's shock move to flood the oil market may be a play to stem the tide of renewable energy, says Bernard Haykel.
WASHINGTON: U.S. President Donald Trump on Tuesday said he wants the U.S. economy to reopen by Easter Sunday, April 12, despite the rapid spread of the novel coronavirus in some U.S. states and a rising death toll from the disease. Legal experts say a U.S. president has quite limited...
NEW YORK: World stock markets rallied on Tuesday (Mar 24) on expectations for a massive US stimulus package and following new moves from the Federal Reserve, the latest salvos in a global counterattack against the damage from the coronavirus pandemic. On Wall Street, the Dow surged 11.4 percent ...
DBS will suspend registrations for in-person attendance at its annual general meeting (AGM) next week, after the government laid down stricter measures on Tuesday to contain the Covid-19 outbreak, which include deferring or cancelling all events and mass gatherings, regardless of size.
