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Business 29 Apr 2009 | 12:00 AM

Singapore GDP shrinks 11.5% in Q1, biggest drop since independence from Malaysia(updated)

Singapore's worst-ever recession likely bottomed in the first quarter, but the city-state faces a tepid recovery as global demand for its exports struggles to rebound, the central bank said Wednesday.

Business 29 Apr 2009 | 12:00 AM

Oil dips to near US$49 amid swine flu concern(updated)

Oil prices fell for a second straight day Tuesday on fears that the outbreak of swine flu would delay an economic recovery and further dampen energy demand.

Business 30 Apr 2009 | 12:00 AM

Oil rises despite inventory buildup

Oil prices rose Wednesday even though the government reported that the U.S. is consuming less than it has in years and inventories are bloated with the most surplus crude in nearly two decades.

Business 30 Apr 2009 | 12:00 AM

WHO raises swine flu alert level, signaling a global pandemic could be imminent

The Geneva-based World Health Organization on Wednesday raised its alert level for the fast-spreading swine flu to its next-to-highest notch, signaling a global pandemic could be imminent as the virus spread further and yielded its first death outside of Mexico.

Business 30 Apr 2009 | 12:00 AM

Despite concerns over swine flu, travel and leisure sectors doing fine

While travel and leisure-related stocks have been punished by investors on concerns over the impact of the current global alert on swine flu, businesses in these areas have yet to see slowing demand.

Business 02 May 2009 | 12:00 AM

US airlines cutting service to Mexico

DALLAS (AP) - Most of the largest U.S. airlines said Friday they will temporarily reduce service to Mexico, as swine flu fears keeps many U.S. travelers from venturing south of the border.

Business 14 Jun 2009 | 12:00 AM

Baxter in 'full production' of swine flu vaccine

DEERFIELD, Illinois (AP): Specialty drug maker Baxter International Inc. says it's in full scale production of a swine flu vaccine that will be commercially available in July.

Business 10 Oct 2009 | 12:00 AM

The purpose-driven business

Organisational purpose will matter for 21st century employees.

Business 23 Oct 2009 | 12:00 AM

Women's robes leads to nine deaths, company recalls product

WASHINGTON: Highly flammable women's robes sold by a company in the Atlantic seaboard state of Pennsylvania are now linked to nine deaths, and the company is expanding a recall to include more products imported from the Pakistani manufacturer.

Business 24 Oct 2009 | 12:00 AM

Controlling smoking

Does the recent increase in excise duties really help to curb cigarette smoking?