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WHEN the conoravirus (Covid-19) first hit the news sometime in December last year, nobody would have thought that it would lead to a global crisis. Two weeks ago, many were staring at a 1930s kind of depression as the world was hit by the perfect storm.
Dockless scooter companies charged into cities in 2018, promising a mobility revolution with cheap, clean rides and billions in venture capital backing. Yet they soon faced roadblocks, including shaky business models, safety concerns, and fast-moving city regulators. At the start of 2020, cash-losing operators were shrinking their headcounts and vehicle fleets.
JOHOR BARU: Organisers of Ramadan bazaars in Johor are urged to consider cancelling or postponing them due to Covid-19.
PETALING JAYA: Terengganu has deferred government loan servicing and rental payments for two months starting April, says Datuk Seri Dr Ahmad Samsuri Mokhtar.
BERLIN/FRANKFURT (Reuters) - Germany will protect domestic firms from foreign takeovers, two leading politicians said on Friday, after company valuations in Europe's largest economy have been hammered by the coronavirus pandemic.
PETALING JAYA: The outlook remains challenging for UMW Holdings Bhd due to the impact of the worsening coronavirus disease (Covid-19).
WASHINGTON: Major U.S. airlines sought a government bailout of more than US$50 billion as the White House is urgently drafting a financial assistance package in the wake of the steep falloff in U.S. travel demand sparked by the coronavirus pandemic.
DALLAS: Back in September 2017, Doug Parker, the chief executive of American Airlines Group Inc., predicted clear financial skies ahead for the world’s largest carrier.
IN accelerating the greening of Malaysia’s public transport, a memorandum of understanding (MOU) has been inked to provide for the introduction of electric buses to help the transformation to low carbon city through foreign direct investments.
The new Prime Minister needs to move fast to spur growth and lay the foundation for a better tomorrow