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'Facebook Papers' hit as platform reports billions in profit

Science & Tech 4 years ago

'Facebook Papers' hit as platform reports billions in profit

The social media giant has been battling a fresh crisis since former employee Frances Haugen leaked reams of internal studies showing executives knew of their sites' potential for harm, prompting a renewed US push for regulation.

Steel industry sees severe drop in demand amid pandemic

Business 5 years ago

Steel industry sees severe drop in demand amid pandemic

Steelmakers are facing severe blows to their business with demand during the COVID-19 pandemic having decreased by 90 percent from normal times.

Pertamina boosts oil imports amid fall in global prices, decline in local production

Business 5 years ago

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Pertamina boosts oil imports amid fall in global prices, decline in local production

Pertamina plans to import up to 10 million barrels of crude oil and 9.3 million barrels of gasoline this year.

Rupiah inches closer to Rp 17,000 per US dollar as COVID-19 fears grow

Business 6 years ago

Rupiah inches closer to Rp 17,000 per US dollar as COVID-19 fears grow

Analysts believe it will take time for the currency to return to the level of between 13,800 and 14,000 per dollar recorded in February.

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