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Hoarding spikes in S’pore amid virus threat

Bloomberg Singapore authorities urged residents to relax on their shopping sprees that have emptied supermarket shelves, saying supplies aren’t under threat even as response efforts to battle the coronavirus outbreak have escalated. Pictures circulated online of snaking lines at supermarkets as people snapped up rice, instant noodles, toilet paper and sanitisation products. Online grocers including Amazon.com Inc and Redmart Ltd ...

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US abandons antitrust probe of carmakers over emissions pact

Bloomberg The Justice Department has abandoned its antitrust probe of four automakers that sided with California over President Donald Trump in a fight over the future of fuel economy and emissions requirements. The inquiry had targeted Ford Motor Co, Honda Motor Co, BMW AG and Volkswagen AG over their agreement last year with California regulators to voluntarily meet the state’s ...

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Virus to impact FB’s headset production

Bloomberg Facebook Inc said the global outbreak of the deadly coronavirus is likely to impact production of its Oculus virtual reality headsets, which are produced in China. The Oculus Quest, Facebook’s wireless headset released last year, is out of stock in some regions, according to VR news website UploadVR, and a Facebook spokeswoman said that high demand, and the coronavirus, ...

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