Markets

European travel stocks soared on Tuesday amid reports Spain and Germany would ease travel restrictions, and no noticeable increase in infections were reported during the reopening of businesses after a two-month lockdown.

SINGAPORE: More than 40,000 jobs will be created as part of a S$2 billion package to improve the employment situation amid the COVID-19-induced economic downturn.  On Tuesday (May 26), Deputy Prime Minister Heng Swee Keat announced in Parliament during the fourth Budget this year an SGUnited Jobs ...

SINGAPORE: As the COVID-19 pandemic continues to hit demand and supply, businesses will get more help with labour and rental costs under the S$33 billion Fortitude Budget announced by Deputy Prime Minister Heng Swee Keat in Parliament on Tuesday (May 26).   To help businesses retain workers, the ...

SINGAPORE: More than S$500 million of the Fortitude Budget will be allocated to support the digital transformation of businesses, including support for e-payments, adopting digital solutions and deepening digital capabilities, announced Deputy Prime Minister Heng Swee Keat on Tuesday (May 26) ...

SINGAPORE: Authorities will monitor and take action if there is evidence of “anti-competitive activity” among petrol retailers in Singapore, said Senior Parliamentary Secretary for Trade and Industry Tan Wu Meng in Parliament on Tuesday (May 26). He was responding to a parliamentary question by ...

Vivendi's Dailymotion video platform and China's Huawei Video on Tuesday announced a partnership to offer international and local video content, as Huawei continues its plans to increase its presence in France and Europe.

Eurowings, the low-cost airline owned by Lufthansa , said it would cut a third of the jobs at its headquarters as part of wider efforts to return the German airline group to profitability after a major state bailout.

AXA said on Tuesday it would meet the bulk of claims from some restaurant owners after a Paris court ruled last week the French insurer should pay one owner two-months' worth of coronavirus-related revenue losses.

Ride hailing company Uber Technologies Inc's Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus lockdown that has brought businesses to a grinding halt, Uber India President Pradeep Parameswaran said on Tuesday.

SINGAPORE: A range of measures are in place to help people who have been affected by construction work delays due to the COVID-19 "circuit breaker", said Minister for National Development Lawrence Wong in Parliament on Tuesday (May 26).   These include subsidised rates at serviced apartments for ...