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World 12 Feb 2020 | 3:23 AM

GSMA to discuss possible cancellation of Mobile World Congress

PARIS (Reuters) - Telecoms lobby GSMA will hold a board meeting on Friday to discuss the possible cancellation of the Mobile World Congress (MWC) in Barcelona after several big-name withdrawals because of the coronavirus outbreak, an industry source said on Tuesday.

World 12 Feb 2020 | 3:08 AM

Lebanon government wins confidence vote from parliament

BEIRUT (Reuters) - Lebanon's new cabinet won a vote of confidence in parliament on Tuesday based in part on a financial rescue plan it put forward for grappling with a deep financial crisis.

Business 12 Feb 2020 | 7:00 AM

Malaysia plans stimulus package for three sectors

PETALING JAYA: Malaysia is in the midst of creating a stimulus package for tourism, retail and aviation industries to address the economic impact of the novel coronoavirus outbreak.

Business 12 Feb 2020 | 7:00 AM

Daimler cuts dividend to lowest in decade

FRANKFURT: Daimler AG slashed its dividend to the lowest since the financial crisis and promised deeper cost cuts as chief executive officer Ola Kallenius frees up cash to pay for an accelerated electrification effort in the coming year.

Business 12 Feb 2020 | 7:00 AM

China home sales plunge 90%

SHANGHAI: Home sales in China have been dealt a huge blow by the spreading coronavirus with figures showing transactions plunged in the first week of February.