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DETROIT: The United States auto industry is slowly returning to life, with vehicle assembly plants scheduled to reopen on Monday and suppliers gearing up in support as the sector that employs nearly one million people seeks to recover from the coronavirus pandemic.
KUALA LUMPUR: All authorised Mitsubishi Motors Malaysia (MMM) showrooms and service centres have resumed operations with its first-ever ‘Test Drive 2U’ online service, allowing customers to test drive a Mitsubishi car from their homes.
WASHINGTON: U.S. House Speaker Nancy Pelosi said on Sunday there will be negotiations on the new $3 trillion coronavirus relief legislation passed by the Democratic-controlled House of Representatives and that Democrats have "no red lines."
BRUSSELS: Temporary unemployment schemes operating across Europe could struggle to save the jobs of leisure and travel sector workers facing drawn-out or partial recoveries from the Covid-19 pandemic, even if they help industries that rebound quickly.
NEW YORK: Monetary policy could be tighter than it looks as the pace of government borrowing eclipses the record stimulus of central banks.
SINGAPORE will this week lay out how it intends to roll back restrictions that had been imposed under a partial lockdown put in place since early April. Officials have said any lifting of restrictions will be done in a gradual and calibrated manner.
GLOBAL recession is here. The global Covid-19 pandemic changed everything. Lockdowns imposed by governments the world over have pushed the global economy into the sharpest downturn since the Great Depression.