Business News

Futures dip as US Coronavirus death toll jumps

Tesla Inc became the latest US company to furlough staff and cut salaries which took place during a shut down of its US production facilities

Apr 8, 2020

By Reuters

Coronavirus

Gold holds steady amid virus worries, stronger dollar weighs

Spot gold was steady at $1,648.84 per ounce by 0406 GMT, as it rose to its highest since March 10 on Tuesday at $1,671.40

Apr 8, 2020

By Reuters

Coronavirus

Sex toy sales surge in Denmark, US as more people stay home amid coronavirus

A study says that one in every four Americans was using sex toys more often after going into quarantine following the coronavirus outbreak

Apr 8, 2020

By R. Ghosh

Coronavirus

Global airlines could lose 25 million jobs; cannot afford refunds amid coronavirus, says IATA

The IATA said that refunds won't be viable for airlines as they are already cash strapped. Instead, government should come forward and bail them out

Apr 7, 2020

By R. Ghosh

Coronavirus

In a first, China knocks US from top spot in global patent race

The US has called on the countries to ban Huawei equipment from new mobile phone networks, arguing that its technology might be used by China for spying

Apr 7, 2020

By Reuters

Amazon worker got fired after he planned protest against the company alleging it lied

Chris Smalls got fired from Amazon after he announced a protest against the company alleging it lied

Apr 7, 2020

By Vinay B.S.

Coronavirus

Indonesia sells Asia's very first 50-year dollar bond to fight Coronavirus pandemic

Asian life insurers, especially which are based in Taiwan as well as US fund managers, were the largest investors, as per two sources with direct knowledge of the matter

Apr 7, 2020

By IBTimes SG Desk

Coronavirus

CFDs vs. Stocks: How Technology Has Changed the Industry

. Today, technology is doing more than helping companies explain the basics. For example, artificial intelligence (AI) is having a major impact on the potential success rates of traders.

Apr 7, 2020

By IBTimes SG Desk

Gold falls 1% as hopes of slowing coronavirus spread boost stocks

Spot gold was down 0.3 percent at $1,657.50 per ounce by 0852 GMT, after it went to rise which is a one-month high of $1,671.40

Apr 7, 2020

By Reuters

Coronavirus

European shares rise as Coronavirus cases start slowing down

The coronavirus outbreak has created a major stir around the world claiming the lives of over 70,000 people globally

Apr 7, 2020

By IBTimes APAC Desk

Coronavirus

GlaxoSmithKline's gene therapy to cure bubble boy disease

GlaxoSmithKline partners with Vir Biotechnology for potential coronavirus vaccine, treatments

The partnership will bring together GSK's expertise in functional genomics and Vir's monoclonal antibody platform technology

Apr 7, 2020

By R. Ghosh

Coronavirus

Japan to declare emergency, gears up for $990 billion coronavirus stimulus amid criticism

The US and Germany have particularly been critical of Japan's failure to enforce social distancing in the wake of the coronavirus outbreak

Apr 6, 2020

By R. Ghosh

Coronavirus

Canada, US farms face crop losses due to foreign worker delays

Foreign labor is critical to farm production in both countries, where domestic workers shun hard physical labor and low pay

Apr 6, 2020

By Reuters

JPMorgan CEO Dimon hints at possible suspension of 2020 dividend as coronavirus crisis intensifies

Chief Executive Officer Jamie Dimon made the announcement in his annual letter to the JPMorgan Chase & Co's shareholders

Apr 6, 2020

By IBTimes APAC Desk

Singapore unveils new stimulus spending of $3.5 billion to combat Coronavirus

Singapore's Finance Minister Heng Swee Keat told parliament on Monday that this is an unprecedented budget in extraordinary times

Apr 6, 2020

By Bhaswati Guha Majumder

Coronavirus

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