Business News

Asia Shares Tread Lightly, Await China Policy Meeting

Tension escalated between the U.S. and China due to President Donald Trump's criticism of Beijing's handling of the coronavirus outbreak

May 21, 2020

By Reuters

Coronavirus

Florida And Georgia Scrutinized for Their Transparency on Reporting Coronavirus Cases

Florida and Georgia are among the first states to announce the reopening of businesses and public spaces

May 21, 2020

By Bhaswati Guha Majumder

Coronavirus

Centers for Disease Control and Prevention

Coronavirus: CDC Quietly Releases Guidelines for Reopening US

The CDC also issued detailed advice for mass transit that encourage social distancing by adding floor decals to ensure people remain six feet apart.

May 20, 2020

By R. Ghosh

Coronavirus

Coronavirus Behaving Differently in Northeast China; Patients Taking Longer to Recover

China has one of the most comprehensive virus detection and testing provisions globally but it is struggling to contain the new cluster.

May 20, 2020

By R. Ghosh

Coronavirus

World's Largest Sovereign Fund Vows More Transparency on Shareholder Votes

On Wednesday, the world's largest wealth fund with $1 trillion worth of assets said it will make the vote at shareholder meetings more transparent

May 20, 2020

By Reuters

Oil up on Lower US Stocks, Firmer Demand

Weak crude refining profits are still continuing that might delay the recovery in the demand for oil

May 20, 2020

By Reuters

Singapore ranks fifth in global 'travel freedom' index

Coronavirus: Singapore Discusses Economic Recovery with Malaysia as Nation Is Set to Reopen Borders

Singapore Finance Minister discussed how economies of both the countries can be recovered as coronavirus restrictions are easing up gradually.

May 20, 2020

By Bharat Sharma

Coronavirus

Australia Announces Emergency Financial Aid to Pacific Island Nations

The Department of Foreign Affairs and Trade committed 100 million Australian dollars to nations struggling with the basic costs of running their countries

May 20, 2020

By IANS

Coronavirus

Investors monitor stock market prices in Kuala Lumpur

Stocks Adrift as Vaccine Rally Falters; Gold And Bonds Rise

The Chinese yuan and stocks in Hong Kong and China idled just under flat as investors wait to hear the government's economic plans

May 20, 2020

By Reuters

Coronavirus

Johnson & Johnson Stops Baby Powder Sale in US, Canada amid Cancer Claims; Talc to be Sold Everywhere Else

Johnson & Johnson is facing thousands of lawsuits that claim that its talc-based baby powder is laced with asbestos, which causes cancer.

May 20, 2020

By Shubhangi Shah

student Makhzoomi forced out of southwest flight

Is the Worst Over? Southwest, United Airlines Report Improvement in Bookings, Fewer Cancellations

Most airlines believe that demand for tickets would once again go up once the country starts reopening

May 19, 2020

By R. Ghosh

Coronavirus

Uber to Shift its Asia-Pacific HQ from Singapore as Coronavirus Hits Rides Business

Multinational ride-hailing company, Uber Technologies Inc decided to move its Acia-Pacific headquarter from Singapore to new market

May 19, 2020

By Bharat Sharma

Coronavirus

Children Less Likely to Transmit Coronavirus, Say Epidemiologists

Although Covid-19 has affected people from all age groups, data shows that death from the virus is very rare among youngsters, especially children.

May 19, 2020

By R. Ghosh

Coronavirus

Oil Steady On Signs Of Output Cuts But Demand Concerns Weigh

Oil prices were steady on Tuesday amid signs that producers are cutting output as promised while traders awaited more clarity on the demand picture

May 19, 2020

By Reuters

Coronavirus

Gold Edges Higher as Global Recession Fears Persist

Raising fears of a further deterioration in China-US relations, Nasdaq Inc NDAQ.O is going to unveil new restrictions on the initial public offerings

May 19, 2020

By Reuters

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