Business News

Hong Kong tourist arrivals plunge by 96% after coronavirus outbreak

The Tourism Board's latest statistics showed a drop of more than 96 percent year-on-year for the period

Mar 16, 2020

By IANS

Starbucks planning to make some stores drive thru-only due to coronavirus

Starbucks had earlier stopped accepting reused cups and tumblers from customers in a bid to contain the spread of the deadly coronavirus

Mar 15, 2020

By R. Ghosh

Coronavirus

Alibaba's Jack Ma comes to aid; donates 2 million and 1 million masks to Europe and US, respectively

The Chinese billionaire had earlier donated 100 million yuan ($14.5 million) towards "supporting and developing a coronavirus vaccine"

Mar 15, 2020

By R. Ghosh

Coronavirus

November Supermoon: Striking visuals of the closest full moon until 2034

Swiss International to ground half fleet, cut working hours to prevent financial losses during COVID-19

Major US and European airlines have started discussing with governments on obtaining financial assistance to weather a crippling travel slump brought on by the coronavirus

Mar 14, 2020

By IBTimes APAC Desk

Coronavirus

Disneyland resort will donate all excess food after its closure due to COVID-19

After Disneyland closes its doors to the public, its resort will be donating all excess food during the closure to the Second Harvest Food Bank of Orange County

Mar 14, 2020

By Vinay B.S.

Coronavirus

bill gates support memphis meats startup

Bill Gates steps down from Microsoft board

With the departure of Bill Gates from Microsoft Board, it will now consist of 12 members, said the tech company

Mar 14, 2020

By Reuters

Global travel industry likely to shrink 25%; may impact 50 million jobs due to coronavirus

The World Travel & Tourism Council said that of the 50 million jobs losses, 30 million would be in Asia

Mar 14, 2020

By R. Ghosh

Coronavirus

Sentosa permits free entry to support businesses hit by coronavirus

Sentosa waives entry fees for visitors to promote businesses that have been experiencing a slowdown due to coronavirus.

Mar 12, 2020

By Bharat Sharma

Coronavirus

China's trade will be pressurized due to global supply chain disruptions from Coronavirus

Director of foreign trade at the Commerce Ministry said that they would provide support for the Chinese firms for expanding imports of the key raw materials

Mar 12, 2020

By IBTimes SG Desk

Coronavirus

Coronavirus drugs a year away but all hopes rest on Remdesvir final trials in April

Many pharma and biotech companies are in research for antiviral drugs and vaccines, here are some who are in the lead

Mar 12, 2020

By Vinay B.S.

Coronavirus

Adidas, Puma warn major decline in China sales, as coronavirus starts biting into profits

China accounts for almost one-third of the sales of both Adidas and Puma, which now say that the decline in sales will hurt their first-quarter profits

Mar 12, 2020

By R. Ghosh

Coronavirus