Samsung Group heir Jay Y. Lee appeared in court on Monday for a hearing to determine whether he should be jailed over allegations of accounting fraud, in his latest brush with the law at South Korea's top conglomerate.
Japan's economy shrank less than initially estimated in the first quarter, revised data showed on Monday, but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.
Singapore Airlines Ltd said on Monday that it had secured about $1 billion in credit facilities, in addition to the S$8.8 billion ($6.32 billion) it recently raised from a rights issue, to help it weather the COVID-19 pandemic.
Global share prices edged higher on Monday after a surprise recovery in U.S. employment provided cause for optimism that global economies could quickly revive after many weeks of lockdowns aimed at controlling the coronavirus pandemic.
Mexico is set to propose senior trade official Jesus Seade, who helped rework the North American Free Trade Agreement, as a candidate to be the next director-general of the World Trade Organization (WTO), sources said on Sunday.
Japan's economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.
Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central bank should avoid pushing interest rates deeper into negative territory.
For 8 minutes and 46 seconds - the length of time it took George Floyd, an unarmed black man, to die at the hands of Minneapolis police - cable TV kids channel Nickelodeon's screen went black on Tuesday to sounds of inhaling and exhaling, as white text flashed "I can't breathe."
Malaysia's new government would not be willing to accept even compensation of $3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a figure that is far higher than the bank offered last year.
OPEC and its allies led by Russia are "most likely" to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.
Privet has a history of selective, productive shareholder activism and is not a short-term activist.
During downturns, companies usually invest in automation to save on labor costs. Here's why we'll see even more of that during the coronavirus pandemic.
Volkswagen <VOWG_p.DE > is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday.
Providing Americans with steady monthly income was debated before the coronavirus pandemic. Experts say one Senate proposal should be judged by how well it would get money to those who need it.
HSBC Holdings Plc Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday.