Bloomberg Trip.com Group Ltd’s top two executives will stop drawing salaries, part of a series of wage-cutting moves at China’s biggest online travel service provider to cope with the coronavirus outbreak. Chairman James Liang and Chief Executive Officer Jane Sun will no longer receive salaries beginning this month, and other members of the company’s top management will also voluntarily cut ...

Bloomberg Tesco Plc agreed to sell its Asian businesses to Thai billionaire Dhanin Chearavanont for more than $10 billion, clinching a record deal in Thailand even as the coronavirus outbreak damps enthusiasm for mergers and acquisitions worldwide. Britain’s largest supermarket chain said it plans a 5 billion-pound ($6.6 billion) special dividend after the sale of the assets to Chearavanont’s Charoen ...

Bloomberg Grab Holdings Inc closed offices in Singapore and Thailand for five days of cleaning after a Singapore-based employee, who previously visited the Bangkok office, tested positive for the coronavirus. “One employee who is based in our corporate office at Marina One West Tower in Singapore has come down with Covid-19,” Grab said on Monday in an emailed statement. “The ...