WASHINGTON: The US Federal Reserve cut interest rates on Tuesday (Mar 3), in an emergency move designed to shield the world's largest economy from the impact of the coronavirus. In a statement, the central bank said it was cutting rates by a half percentage point to a target range of 1...
Saks Fifth Avenue owner Hudson's Bay Co Executive Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters on Tuesday.
REUTERS: Popular stock trading app Robinhood said on Tuesday said it is back up and running, a day after it experienced an outage when U.S. markets saw a major rebound from last week's slump. "On Monday, we experienced an issue with a part of our infrastructure that resulted in...
Exxon Mobil on Tuesday called for tighter regulation of the greenhouse gas methane and offered up its own in-house rules as a model for companies and lawmakers worldwide.
Saks Fifth Avenue owner Hudson's Bay Co Executive Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters on Tuesday.
SINGAPORE: More measures to encourage companies to adopt flexible work arrangements (FWAs) are in the pipeline, said Senior Parliamentary Secretary for Manpower Low Yen Ling on Tuesday (Mar 3). In her Committee of Supply speech, Ms Low said that the Ministry of Manpower (MOM) is trying to spur the ...
New electric models will help BMW and Daimler cut emissions from the cars they sell by an average of 20per cent this year, the German automakers predicted on Tuesday, as they strive to meet tough new European pollution rules.
EBay Inc is looking to sell its South Korean unit, which includes Gmarket, one of the largest online marketplaces in the country, in a deal that could fetch nearly US$5 billion, a Seoul-based newspaper reported on Tuesday.
Chevron Corp said on Tuesday it planned to return US$80 billion to shareholders over five years.
As news broke of more cases of coronavirus spreading across the United States, T-Mobile had a novel response to the threat: fewer hugs, kisses or high-fives.
