In a statement, Samsung Electronics stated, a case of infection by coronavirus has been confirmed at one of its mobile device factory in Gumi, South Korea, causing a shutdown of the entire facility until Monday morning. “The company has placed… Read More ›
In order to safeguard and weather the impact of China’s coronavirus from ravaging Singapore’s economy and help contain the outbreak in the country, Singapore announced financial packages worth around $4.5 billion on Tuesday. While delivering the budget speech, Singapore’s Finance… Read More ›
In a statement, Toyota Motor Corp disclosed, it plans on resuming output at three of its four main auto plants in China this week. Toyota had earlier wanted to resume the production at its plants on February 3 after the… Read More ›
The annual telecoms industry gathering event, the Mobile World Congress (MWC), was cancelled on Wednesday following a mass exodus by exhibitors over fears over China’s coronavirus pandemic. The annual event which draws more than 100,000 visitors to Barcelona was cancelled… Read More ›
On Wednesday, according to an internal memo from DBS, Singapore’s biggest bank, 300 staff from its head office have been evacuated as a precautionary measure following a confirmed coronavirus case at the bank. “I regret to inform you that there… Read More ›
With Chile’s residents and Chilean courts ringing the alarm on depleted water supplies in the country’s Atacama salt flat, Albemarle, the world’s top lithium miner had filed a proposal in December to monitor water flows beneath the parched desert floor…. Read More ›
On Monday, as per a source with direct knowledge of the matter at hand, Foxconn has received approval to resume production at its plant in Zhengzhou in northern China. Around 16,000 people have returned to the plant, said the source… Read More ›
An Iranian rocket attack on two U.S. forces bases in Iraq has sent financial markets into turmoil with investors scurrying for safety. “The weight of money is counting on a replay of the price-action on Monday. Essentially people are betting… Read More ›
It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›
China is boosting its spending levels in order to fight a growing slowdown in its economy, which has sunk to its 27-year low. On Monday, in a statement, China’s housing ministry stated, it has sunk in $85.20 billion (600 billion… Read More ›
