Weakened by pressure from planemakers, US aerospace firms face a wave of bankruptcies
SEATTLE/NEW YORK — Before the 737 MAX and COVID-19 crises rocked aviation, Boeing offered a major 737 supplier, Teledyne Controls, a take-it-or-leave-it deal.
Chatbots, motorbikes: Southeast Asia HIV centers adapt to coronavirus
BANGKOK — Five days after a coronavirus lockdown was imposed in Manila, charity LoveYourself hired 20 former motorcycle taxi riders, gave them a crash course on HIV, and sent them off to deliver life-saving medication after signing confidentiality agreements.
Internet analyst sees permanent tailwind from lengthy lockdowns
Internet companies are likely to be long-term winners from the pandemic as lockdown measures have now lasted long enough for changes in consumer behavior to become permanent, according to Credit Suisse.
EU leaders agree on massive stimulus plan
BRUSSELS — European Union (EU) leaders agreed on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that lasted almost five days.
Singapore grapples with deadly dengue
SINGAPORE is on track to record its worst dengue outbreak in history, with new weekly cases that have surpassed Covid-19 cases in the city-state.
‘Follow the Fed’ rally may soon fizzle across bond markets
A breakneck rally across bond markets may slow as traders come to grips with the notion that the Federal Reserve’s support isn’t unconditional.
US airlines face end of business travel as they knew it
US airlines hammered by the catastrophic loss of passengers during the pandemic are confronting a once-unthinkable scenario: that this crisis will obliterate much of the corporate flying they’ve relied on for decades to prop up profits.
Gambling addiction spikes among South Korea’s work-from-home day traders
Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more...
Wave of promising study results raise hopes for coronavirus vaccines
CHICAGO — Early data from trials of three potential COVID-19 vaccines released on Monday, including a closely-watched candidate from Oxford University, increased confidence that...
Australia says virus outbreak could take weeks to subside
SYDNEY — A surge in coronavirus disease 2019 (COVID-19) cases in Australia’s second-biggest city could take weeks to subside despite a lockdown and orders to wear masks, Australia’s acting chief medical officer said on Monday as the country braces for a second wave of infection.
UAE launches mission to Mars
DUBAI — The United Arab Emirates (UAE)launched its first mission to Mars on Monday as it strives to develop its scientific and technological capabilities and reduce its reliance on oil.
N.Korea’s Kim fires officials for extortion linked to hospital project
SEOUL — North Korea's leader has sacked officials building a hospital after they pressed the public for contributions, media reported on Monday, the second rebuke linked to the high-profile project in a country where such problems are rarely publicised.