Business News

Asian stock markets reverse losses on global policy stimulus hopes

New survey showed China's factory activity collapsing to its worst levels on record as the virus crippled broad areas of the economy

Mar 2, 2020

By Reuters

Singapore June NODX fall 2.3% on-year due to weak China, Europe demand

COVID-19 had implications on South Korea's February trade; ministry claims worse to come

The monthly trade data of the Asian nation, which is the first to be released among all the big exporting economies

Mar 1, 2020

By IBTimes SG Desk

Coronavirus

Toyota plans to pump in $1.2 in new plant in China; to make electric vehicles

Toyota's new plant, reportedly, in Tianjin will be in collaboration with its local partner FAW Group

Mar 1, 2020

By R. Ghosh

Harley-Davidson CEO steps down as company's struggle to ramp up sales continues

Harley has announced Jochen Zeitz, famous for turning an ailing Puma in the 1990s into one of the top sports brands in the world, as its interim CEO

Mar 1, 2020

By R. Ghosh

COVID-19 may take a toll on the economy: What did the last 2 virus outbreaks post recession hint?

There are speculations that the coronavirus outbreak will cause a recession, as opposed to the previous outbreaks which were just after the recession

Feb 29, 2020

By Vinay B.S.

Coronavirus

Tokyo Disneyland, Disney Sea, Universal Studios Japan closed down till March 15 on coronavirus fears

Disney's theme parks remain closed in Shanghai and Hong Kong, which the company said could significantly impact its second-quarter results

Feb 29, 2020

By R. Ghosh

Coronavirus

2019-geneva-motor-show-kicks-off-with-a-19-million-bugatti-among-other-supercars

Geneva Motor Show cancelled as coronavirus concerns mount in Europe

The Swiss government on Friday put a ban on all big events that attract more than 1,000 visitors and delegates through at least March 15

Feb 29, 2020

By R. Ghosh

Coronavirus

Huawei to build first European 5G factory in France, says chairman

Huawei's decision is in a bid to ease worldwide concerns following allegations by the US that its equipment could be used by China for spying

Feb 28, 2020

By R. Ghosh

Huawei

Oil prices fall for fifth day to lowest in a year

For the first time since the start of the COVID-19 outbreak erupted in China, the number of new coronavirus infections registered outside the country exceeded new Chinese cases

Feb 27, 2020

By Reuters

Coronavirus

Apple does not allow bad guys to use iPhones in movies, claims 'Knives Out' director Rian Johnson

Apple doesn't let villains in movies use iPhones, 'Knives Out' director Rian Johnson claimed in a recent interview with Vanity Fair

Feb 27, 2020

By Manthan C.

How much will Air New Zealand bunk beds-style 'Skynest' for economy passengers cost?

Air New Zealand is planning to introduce sleeping pods for economy passengers on its long-haul flights in what it's calling the "Economy Skynest."

Feb 27, 2020

By Manthan C.

Panasonic calls it quits, to end joint solar cell production with Tesla at Gigafactory 2

Panasonic is Tesla's exclusive battery supplier and the move could make things difficult for Tesla

Feb 27, 2020

By R. Ghosh

Elon musk

End of an era: Bob Iger steps down as Walt Disney's CEO

Bob Iger is being replaced by Bob Chapek, who recently served as the head of Disney's parks business

Feb 27, 2020

By R. Ghosh

Goodbye China, says Tesco as company sells off stake in Gain Land

The British retailer sold off its 20% stake in Gain Land to China Resources Holdings with which it had started a joint venture in 2014

Feb 26, 2020

By R. Ghosh

Amazon Go Grocery to make debut; tech giant's first full-size cashierless store

The cashierless store in Seattle's Capitol Hill was in the making for five years and is spread over approximately 10,400 square feet

Feb 26, 2020

By R. Ghosh

Amazon prime

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