BEIJING/SHANGHAI: China's Baidu Inc will raise staff salaries amid the coronavirus outbreak, the search engine company's CEO told staff in a meeting, two sources familiar with the matter said. Robin Li also told staff that the company had a cash pile of around 130 billion yuan (US$18.5 billion) ......
Restaurants are reopening, traffic and factories are stirring, and in one of the clearest signs yet that China is awakening from its coronavirus coma, the country's "dancing aunties" are once again gathering in parks and squares.
Goldman Sachs has instructed most of its staff in the Americas, Europe, Middle East and Africa to work from home from Wednesday until further notice, according to an internal notice seen by Reuters.
Germany's HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to stop businesses going bust as stores closed to stem the spread of the coronavirus, losing 7 billion euros (US$7.70 billion) per week.
BlackRock Inc executives who set the asset manager's influential proxy votes on Tuesday outlined tougher priorities tied to climate change and executive pay for the upcoming corporate annual meeting season.
SINGAPORE: Local food importers heaved a sigh of relief as their supplies from Malaysia arrived as planned, uninterrupted by the country's movement control order which kicked in on Wednesday (Mar 18). However, that is not the case for those in other sectors. From construction to manufacturing ...
SINGAPORE: Most imports of fresh food from Malaysia arrived as normal this morning, with other goods such as medicine and infant diapers also allowed through checkpoints, Minister for Trade and Industry Chun Chun Sing said on Wednesday (Mar 18). “I am glad to see that the supply of fresh...
Barclays is 'very very unlikely' to meet its goal of a 10per cent return on equity this year given the impact on its business of the coronavirus pandemic, its Chief Financial Officer Tushar Morzaria said on Tuesday.
SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Mar 18). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$31,210, down from S$32,699 in the last exercise. Premiums for ...
The Supreme Court on Wednesday lashed out at mobile operators for self-assessing their outstanding telecoms dues, saying it amounted to a violation of the court orders.
