LONDON: A measure of the number of people claiming unemployment benefits in Britain soared to its highest level since 1996 in April, the first full month of the government's coronavirus lockdown, data published on Tuesday (May 19) showed. The claimant count rose by 856,500 - the biggest ever month...
We have made an involuntary, no-interest, unsecured loan to the world’s airlines, says the Financial Times’ Michael Skapinker.
Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supervisory board directors as part of a probe into spying at the bank, three people familiar with the matter said.
Japan's Sharp Corp, an Apple Inc supplier, reported a 37per cent decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertainty over the novel coronavirus impact.
REUTERS: The United States will announce on Tuesday that it has signed a US$354 million contract with a company to make generic medicines and pharmaceutical ingredients in the country needed to treat COVID-19, the New York Times reported late on Monday. The move is part of efforts to bring...
BANGKOK: Thailand's Cabinet approved a plan to bring national carrier Thai Airways International to bankruptcy court for debt restructuring, Prime Minister Prayuth Chan-ocha said on Tuesday (May 19). "It was a difficult decision," he told reporters at a news briefing. READ: Thai Airways to seek ...
Sony Corp will turn its financial arm, Sony Financial Holdings Inc, into a wholly owned unit through a tender offer worth about 400 billion yen (US$3.72 billion), the Nikkei business daily reported.
WASHINGTON: The U.S. government's handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Senate Banking Committee. Senators are expected to grill ...
SINGAPORE: Infrastructure consultancy Surbana Jurong has refuted online allegations that it is "profiteering" from the setting up and running of Community Care Facilities (CCFs) for COVID-19 isolation, including a facility at the Singapore Expo. "Our involvement in Singapore Expo has been most ...
Money trumped spying as the top motivator for data breaches last year, according to Verizon's annual report on cyber crimes published on Tuesday.
