Business News

Oil falls on scepticism over Trump's Saudi-Russia output deal

The US president Trump said the two countries could cut output by 10 to 15 million bpd - an unprecedented amount representing 10 percent to 15 percent of global supply

Apr 3, 2020

By Reuters

Coronavirus

audio-from-stolen-plane-reveals-final-moments-before-deadly-crash

Cathay Pacific to cut more flights

The airline told staff in a memo that it would make even more cuts to passenger flights by reducing its long-haul flights to two flights a week from three

Apr 3, 2020

By IANS

Retail sales in Singapore fall at steepest pace in 12 years due to Coronavirus pandemic

The deadly virus outbreak has created a major stir around the world claiming the lives of over 53,000 people globally

Apr 3, 2020

By IBTimes SG Desk

Coronavirus

Facebook takes on Zoom with desktop version of Messenger App, as video calls surge amid coronavirus

Facebook said that there has been a 100% surge in people using desktop browser for audio and video calling on Messenger over the past few weeks

Apr 3, 2020

By R. Ghosh

Facebook Coronavirus

EU announces new measures to help revive economies amid coronavirus outbreak

The measures include a short time work scheme, SURE, to help economies in the European Union. Also, there will be schemes to help farmers and fishermen

Apr 2, 2020

By R. Ghosh

Coronavirus

Gold eases on firmer dollar as market awaits US jobs data

Spot gold was down 0.1 percent at $1,589.71 per ounce by 1050 GMT, on the other hand, US gold futures rose 0.7 percent to $1,602.60 an ounce

Apr 2, 2020

By Reuters

Sony pledges $100 million Global Relief Fund to fight Coronavirus crisis

Sony launces 'Sony Global Relief Fund for COVID-19' with $100 million funding to globally support those affected by COVID-19

Apr 2, 2020

By Vinay B.S.

Coronavirus

COVID-19 Outbreak escalation will have effects on Singapore business confidence

WHO has praised the Singapore government's response to the coronavirus outbreak.

Apr 2, 2020

By IBTimes SG Desk

FOod pricing and value has had itsfairshareofupsanddowns

World food prices decline sharply in March due to Coronavirus pandemic: UN

The deadly virus outbreak has infected over 938,000 people all over the world and is currently spreading like wildfire

Apr 2, 2020

By IBTimes SG Desk

Coronavirus

Asian stocks fall as Trump gives warning about upcoming dangers amid Coronavirus pandemic

The coronavirus outbreak has spread to over 170 countries in the world and is currently infecting people very rapidly

Apr 2, 2020

By IBTimes SG Desk

Coronavirus

angela-merkel-halts-germany-sales-puts-pressure-on-u-s-after-khashoggi-killing

Germany extends social distancing until April 19; sets new social distancing rules

Chancellor Angela Merkel said that its "too early to think of loosening the restrictions." New social distancing rule doesn't make wearing masks mandatory

Apr 2, 2020

By R. Ghosh

Coronavirus

World running out of protective gear to treat coronavirus; top glove maker hit by worker shortage

The WHO recently said that the US alone will require 3.5 billion face masks over the year to fight coronavirus

Apr 1, 2020

By R. Ghosh

Coronavirus

Wall Street set to slide as coronavirus crisis intensifies

The US President Donald Trump warned Americans of a tough two weeks ahead on Tuesday amid the coronavirus crisis

Apr 1, 2020

By Reuters

Coronavirus

Oil falls towards $25 as oversupply fears mount with US inventory rise

Pledges of higher output from Saudi Arabia and Russia after a supply pact collapsed and a downfall in demand due to the coronavirus pandemic have hammered the market

Apr 1, 2020

By Reuters

Coronavirus

Coronavirus outbreak will cause 'worst equity market crash of a lifetime'

Dow Jones is smarting under the worst quarterly performance since 1987, while the S&P 500 faced the biggest rout since the 2008 crisis.

Apr 1, 2020

By Jacob J

Coronavirus

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