Bloomberg The coronavirus outbreak in South Korea is showing signs of slowing as the rate of new daily infections falls and health authorities almost finished testing members of a religious sect at the centre of the epidemic, the country’s health minister said. With the number of new cases slowing to 367 from 483 the day before, Health Minister Park Neung-hoo ...

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 ...