Volvo's entire car line-up will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade.
SINGAPORE: About 0.5 per cent of Singapore’s workforce, or 17,890 workers, are long-term visit pass (LTVP) and long-term visit pass plus (LTVP+) holders as of December 2020, said Minister of State for Manpower Gan Siow Huang on Tuesday (Mar 2). Of this, 190 or about 1 per cent are...
SEOUL: South Korea is drafting an extra budget of 15 trillion won (US$13.38 billion), it said on Tuesday (Mar 2), to boost support for small businesses and safeguard jobs as the resurgent coronavirus forces the government to retain social distancing curbs. The finance ministry said total ...
Jack Ma's Ant Group Co has shelved a share buyback programme for current and departing staff, partly because of uncertainty over how to value the company, Bloomberg News reported on Tuesday, citing executives familiar with the matter.
Oil prices fell more than 1per cent on Tuesday, extending losses that began last week, as investors unwound long positions on concern that OPEC may agree to increase global supply in a meeting this week and Chinese demand may be slipping.
SINGAPORE: About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part of efforts to repay billions of dollars of debt owed to creditors, two sources told Reuters. Accounting firm Grant Thornton, court-appointed ......
WASHINGTON: An American father and son were handed to Japanese officials on Monday (Mar 1), their lawyer said, after losing an extradition battle over accusations they helped former Renault-Nissan boss Carlos Ghosn to flee Japan. Michael Taylor and his son Peter Taylor were arrested in May after ...
Shares in video game retailer GameStop were up 21.2 per cent as volume spiked late in Monday's session putting pressure on short sellers to cover their bets as investors discussed the so-called Reddit darling stock on social media.
Texas energy companies failed to pay another US$345 million for electricity and other services incurred during last month's cold snap, the operator of the state's grid said on Monday.
Real estate brokerage firm Compass Inc, backed by SoftBank Group Corp, on Monday made its filing for an initial public offering public and revealed a 56per cent surge in revenue helped by a strong housing market.
