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European carmakers restart production as coronavirus lockdowns ease

Volkswagen will restart production at its Wolfsburg factory in Germany on Monday, the most recent...

Samsung release a New Budget Phone with Multiple Cameras Next Month

Samsung is set to get started on taking pre-orders for its new budget smartphone in...

Hyundai to start out on New Skyscraper After Epic Delay

Automotive giant Hyundai will break ground in the next month or two on a fresh...

More fatal workplace accidents despite decline in work activities due to COVID-19 pandemic

Despite a decline in work activities because of the "circuit breaker" imposed to fight COVID-19,...

Bank of Japan expands easing measures, cuts growth forecast

The Bank of Japan on Monday (Apr 26) ramped up its emergency monetary easing, lifting...

Oil falls as crude in US storage nears all-time high

Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising...

Airbus warns staff on jobs using its 'survival at stake'

European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling...

Seiyu to pay special bonus to store staff working during pandemic

Seiyu GK, japan unit of Walmart Inc, says it'll pay a particular bonus of up...

US airlines receive extra US$9.5 billion in payroll support: US Treasury

THE UNITED STATES Treasury Department said on Saturday (Oct 25) it has released US$9.5 billion...

Temporary Unemployment Could Become Permanent

A record 1.61 million were temporarily out of work last month, and there are fears...

Hyundai's Profits Rise Slightly Despite Virus Slump

Hyundai's sales and operating profit slightly rose in the first quarter of the entire year...

Economy in Biggest Plunge Since Global Financial Crisis

Korea's economy shrank 1.4 percent through the first three months of the year, the largest...

Moon Pledges Support for Shipping Industry

President Moon Jae-in on Thursday pledged to spare no effort to greatly help Korea's shipping...

EURATEX enters in constructive dialogue with European Commission to develop recovery technique for textile and apparel industry

The European textiles and clothing sector needs urgent assist, if it really wants to stay...

Gov't Breaks away Another Emergency Budget

The federal government on Wednesday proposed an W89.4-trillion aid package to help businesses and staff...

Government owes PLN $3b for just two years of electricity subsidies

The federal government has yet to disburse Rp 48 trillion (US$3.09 billion) to state-owned electricity...