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THE digital economy has been growing steadily across the region in recent years. Changing consumer behaviour and the digitalisation of businesses continue to present tech startups with opportunities to tap into.
WASHINGTON: The United States will start screening travellers for coronavirus and ramp up production of masks and test kits as the government scrambles to reassure Americans while the disease spreads and businesses cancel conferences and flights.
TOKYO: Walmart Inc might finally have found the sweet spot in Japan’s food market with a fast-growing venture ranked third in a nascent online grocery sector, as the brick-and-mortar stores it bought into two decades ago continue their search for profit.
SINGAPORE: Reliance Industries Ltd’s talks to sell a minority stake in its oil-to-chemical division to Saudi Aramco have been gathering pace in recent weeks, according to people familiar with the matter.
BANGALORE: Amazon.com Inc chief executive officer Jeff Bezos got a bitter reception during his India visit this week after the country’s anti-trust regulator initiated a formal investigation hours before his arrival and infuriated small store owners demonstrated in the streets.
BENGALURU: Travelex is restoring operations to process foreign exchange orders electronically, it said, almost two weeks after cyber hackers took hold of its systems, leading to a global blackout of its online services.
NEW YORK: U.S. stocks fell on Friday from record-high levels as investors took profit and data showed slower-than-expected December U.S. jobs growth, but the major indexes posted gains for the week.