Page 750 - Bloomberg

Oyo sends thousands on leave without pay, India escapes for now

Oyo said in a statement it's furloughing employees in countries excluding India without specifying numbers, adding that it's not considering job cuts at this time.

Radhakishan Damani beats coronavirus crisis as net worth soars 11%

Shares of Avenue Supermarts, which contribute nearly all of the wealth to Damani's net worth, have advanced 24 per cent this year.

90% of trucks in India are now off roads amid coronavirus lockdown

Daily movement of trucks has collapsed to less than 10 per cent of normal levels, according to All India Motor Transport Congress

Coronavirus: I really messed up on security, says Zoom chief Eric Yuan

The service, once mostly used for client conferences and training webinars, has emerged in the coronavirus lockdown as a home for virtual cocktail hours, exercise classes, cabinet meetings

Coronavirus impact: Hoarding of food in countries, threatens global trade

Consumers across the globe are still loading their pantries - and the economic fallout from the virus is just starting

Oil's 60% crash due to coronavirus outbreak is tip of an iceberg

Having collapsed by about 60 per cent this year, Brent and West Texas Intermediate crude have stabilised at around $25 a barrel, but the price rout is far deeper for actual cargoes

Nestle secret Maggi bouillon recipe adds show to win in emerging markets

Maggi bouillon, used throughout central and West Africa to add flavour to everything from stews to cassava porridge, represents one of Nestle's best-selling products in the region

The great 2020 coronavirus crash is different as market uncertainty looms

The scariest aspect of the crash is that, for once, it's about something real

South Korea's coronavirus hero showing the world how to fight an epidemic

The head of Korea's Centers for Disease Control and Prevention has emerged as a role model for virus-fighters

Rejected Venezuela returns to IMF seeking $1 bn in aid to fight coronavirus

Maduro ordered a nationwide quarantine starting Tuesday to slow the pace of infection

Goldman CEO David Solomon bucks Wall Street trend with 20% pay bump

The pay boost comes just as Goldman is embarking on a $1.3 billion cost-cutting plan that includes removing some managers and shifting employees to less expensive locales

Google announces new coronavirus website; offers education, local resources

At the top of the site, there's an information box describing virus symptoms, treatment and prevention tips from the World Health Organisation

SoftBank Group seeks to raise additional $10 billion for Vision Fund

The fund plans to reserve some of the remaining cash to pay back a coupon attached to the Saudi investment, said some of the people

Philippines record plunge shows risks of shuttering stock market

The Philippine Stock Exchange said on Thursday the bourse is considering revising the circuit-breaker rule as a temporary measure to address market volatility

Xerox pauses HP hostile takeover, proxy fight amid virus outbreak

The printer maker said it would be forced to take a break from its hostile takeover and proxy fight in the wake of the pandemic

Ferrari halts production for two weeks in Italy amid coronavirus threat

The Italian supercar maker will suspend its production at the Maranello and Modena plants until March 27

Tag Heuer Connected Watch: A refined, multipurpose sport tech

The watch comes in four variations to retail from $1,800 to $2,350-making it one of the most expensive, serially produced, connected watches on the market.

Covid-19: Apple shuts stores worldwide, except Greater China until Mar 27

Tim Cook said that all hourly employees at the closed stores will continue to receive normal pay

Instagram to take on YouTube, plans rollout of advertisements in IGTV

Instagram currently has ads in its main feed of updates, as well as in its stories feature -- the one featuring posts that disappear after 24 hours.

Oyo plans to entice coronavirus-stricken hotels in Japan with cash

To pay members a sum equal to a proportion of past year's revenue