Shops in England reopen but big contraction in store for economy

LONDON • Retail outlets in England selling non-essential items opened yesterday for the first time since March, as the government eased restrictions to curb the coronavirus.

Cities around the world announce new travel restrictions

KUALA LUMPUR • Major cities and capitals worldwide have announced new travel restrictions as concern continued to rise over the spread of the coronavirus which originated in China.

Bank of England's Carney says finance must act faster on climate change

LONDON (REUTERS) - Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of England Governor Mark Carney...

Christmas comes early for markets as key risks get taken out on Friday the 13th

TOKYO (BLOOMBERG) - It started last Friday, with a blowout US jobs report that beat all expectations. Then in quick succession late Thursday investors got news that the guns will be holstered in...

Mothercare warns of doubts as going concern as sales fall

LONDON • Struggling baby products retailer Mothercare reported an 8.4 per cent drop in half-year worldwide sales yesterday, hit by past troubles at its UK operations and tough macroeconomic...

Vodafone tests new network tech in UK in challenge to 'big three' suppliers

[LONDON] Vodafone is testing innovative open access radio technology in Britain - a first for Europe - in a move that could break the grip Huawei, Ericsson and Nokia hold on the telco equipment...

S'pore, UK ink deals to boost partnership in financial services

Singapore and Britain signed three agreements in London yesterday that will boost collaboration in financial services.

Invest in social foundations of economic prosperity, says SM Tharman

LONDON - Society needs a moving escalator where everyone is moving up, and policymakers must bear this in mind in the basic design of economic and social policies, Senior Minister Tharman...

With SATS Coolport, New Zealand meats headed for EU can now tranship through Singapore

MEATS from New Zealand destined for the European Union (EU) markets can now transit through Singapore, by means of SATS Coolport, Asia's first on-airport perishable cargo handling centre.