Business News

Asia's factory activity falls as Coronavirus pandemic deepens

The coronavirus outbreak has claimed the lives of over 37,000 people worldwide while infecting over 700,000

Apr 1, 2020

By IBTimes SG Desk

US adopts new strategy; plans to makes hundreds of temporary hospitals to fight coronavirus

The US Army Corps , which has already built a few makeshift wards, aims to convert 341 temporary facilities into coronavirus care units

Apr 1, 2020

By R. Ghosh

Coronavirus

More airlines ground fleets, go for furloughs, layoffs as coronavirus bites into passenger revenues

The IATA on Tuesday said that annual passenger revenues will fall by $252 billion if travel restrictions continue for three months

Mar 31, 2020

By R. Ghosh

Coronavirus

America's biggest department store chain Macy's furloughs 130,000 employees amid Coronavirus

Macy's, Kohl's and Gap furlough most of its workers while their stores closure extends during coronavirus crisis

Mar 31, 2020

By Bharat Sharma

Coronavirus

Gold dips by 1% as dollar is on the rise amid Coronavirus crisis

The dollar index rose 0.4% after posting a nearly 1% gain overnight, as the Japanese investors and also companies rushed to cover greenback shortage before their fiscal year ends

Mar 31, 2020

By IBTimes SG Desk

Coronavirus

Indonesia planning to relax budget deficit limit amidst Coronavirus pandemic

The coronavirus outbreak has claimed the lives of more than 37,000 people around the world while infecting over 600,000

Mar 31, 2020

By IBTimes SG Desk

Coronavirus

Coronavirus pandemic to slow growth in Asia, China: World Bank

The coronavirus pandemic has created a major stir around the world claiming the lives of more than 37,000 people worldwide

Mar 31, 2020

By IBTimes SG Desk

Coronavirus

China March factory activity unexpectedly expands, but outlook still grim

In March the factory activity in China expanded but the coronavirus spreading globally has kept businesses and economy under pressure

Mar 31, 2020

By Reuters

Coronavirus

Saudi Arabia announces free treatment for coronavirus patients; boosts wheat, livestock supplies

Saudi Arabia, which has reported eight deaths due to coronavirus, said that the free treatment will also include those in violation of residency laws

Mar 31, 2020

By R. Ghosh

Coronavirus

Facebook grants $100 million to coronavirus-hit global news media

The social media giant will give $25 million to local news media in the US and invest another $75 million in the form of "additional marketing spend"

Mar 30, 2020

By R. Ghosh

Coronavirus Facebook

American Airlines in talks to hire Millstein for aid advice

Coronavirus relief legislation enacted last week provides up to $25 billion in loans and loan guarantees for US airlines

Mar 30, 2020

By Reuters

Coronavirus

Friendly neighbor Albania sends 30 doctors to Italy to help fight coronavirus

The team of doctors and nurses will be working with their Italian counterparts for a month in Bergamo, the worst hit city by the pandemic

Mar 29, 2020

By R. Ghosh

Coronavirus

Retailers extend store closures as coronavirus cases skyrocket in US

Many retail giants say that store closures will last many more weeks, and possibly indefinitely till the spread of the virus gets contained

Mar 28, 2020

By R. Ghosh

Coronavirus

Japan's Abe vows unprecedented stimulus as Tokyo virus cases rise

As infections began to rise the world's third-largest economy is taking steps to cushion Japan's economy amid the coronavirus pandemic

Mar 28, 2020

By Reuters

Coronavirus

Jeff Bezos pulls out of $90 million LA property deal

Reports revealed that Amazon CEO Jeff Bezos bought the property in LA for $90 million as an investment

Mar 28, 2020

By IANS

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