SINGAPORE: With COVID-19 battering the economy, Singapore's jobless rate in the second quarter jumped to 2.9 per cent and retrenchments more than doubled. Companies have been announcing layoffs - from Resorts World Sentosa cutting 2,000 positions to Rolls-Royce retrenching 240 people ...
WITH the collapse of scandal-hit payments firm Wirecard, alternative payment gateway firms are now dangling special offers to grab a larger slice of the pie as clients explore options to migrate from the beleaguered German fintech.
U.S. President Donald Trump on Tuesday said he postponed trade talks with China, adding that he does not want to talk to China right now.
Well, that was quick!
New York Governor Andrew Cuomo said on Tuesday the State Department of Financial Services had filed charges against Teva Pharmaceuticals and Allergan Plc over their role in the opioid crisis.
Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees (US$83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India.
Citigroup asked a US judge on Tuesday to freeze funds it mistakenly sent Revlon Inc creditors amid a lawsuit over one of the largest clerical errors by a bank in years.
The S&P 500 hit a record high on Tuesday, thanks largely to months of outperformance from Amazon and other heavyweight technology companies viewed by investors as likely to emerge from the coronavirus crisis stronger than smaller rivals.
SINGAPORE: Companies must maintain a "local workforce" of more than 10 employees if they wish to enjoy the Jobs Growth Incentive (JGI) for the full 12 months, Manpower Minister Josephine Teo said on Tuesday (Aug 18). The incentive was announced by Deputy Prime Minister Heng Swee Keat on Monday ...
Accor has been downgraded to junk status by ratings agency S&P Global, a decision set to cost the company around 30 millions euros in additional interest payments, as travel restrictions dim the outlook for the operator of Ibis and Sofitel hotels.
