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LONDON: EasyJet Plc raised about £419mil (US$520mil) in a share sale, padding its coffers for the gearing up of flights as the European aviation sector emerges from the pandemic lockdown.
Facebook employees walked away from their work-from-home desks on Monday and took to Twitter to accuse Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump's posts as strictly as the rival platform has done.
SINGAPORE: James Li, a public relations account director, would rather spend an hour sitting in Beijing traffic than risk 30 minutes exposed to crowds on a train. “Traffic is as bad as it could be” but the subway is still too dicey, he said.
TUESDAY was a jam-packed day for earnings across all sectors. In the industrial landscape, I paid closest attention to 3M Co, Caterpillar Inc and United Parcel Service Inc (UPS), each a bellwether in its own right.
THE Hong Kong government is set to announce a fresh round of stimulus measures to shore up the crippled economy, with a local media report saying the total could exceed HK$100 billion (YS$12.9 billion).
Boeing Co said on Sunday it would extend the suspension of production operations at its Washington state facilities until further notice amid the coronavirus outbreak.
MASAYOSHI Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices. But as the coronavirus curtails unnecessary human interaction, it’s hammering such businesses and rattling the foundations of Son’s SoftBank Group Corp.
One of the biggest repercussions from the Covid-19 outbreak in Australia ought to be the end of its island mentality.