THE Monetary Authority of Singapore (MAS) will again extend its US$60 billion swap arrangement with the US Federal Reserve through Sept 30, 2021. In turn, the MAS USD Facility will also be extended till then, offering up to US$60 billion of funding to banks, to facilitate lending to...
The International Monetary Fund said on Thursday said its steering committee has chosen Swedish Finance Minister Magdalena Andersson as the panel's chair, returning a European to the role for the first time in more than 12 years.
U.S. delivery firm FedEx Corp on Thursday said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.
The US energy secretary on Thursday (Dec 17) signed an order prohibiting electric utilities that supply critical defence facilities from importing certain power system items from China, in an effort to protect US security from cyber and other attacks.
Alphabet Inc's Google on Thursday faced its third major lawsuit as a group of 38 U.S. states and territories filed an antitrust complaint accusing Google of seeking to extend its search monopoly to dominate smart speakers, televisions and cars.
Coca-Cola Co will cut 2,200 jobs globally, including 1,200 in the United States, it said on Thursday (Dec 17), as the economic fallout from the COVID-19 pandemic forces the world's largest soda maker to accelerate its business restructuring.
Canada expects to lift its flight ban on the Boeing 737 MAX jetliner in January, the country's aviation regulator said on Thursday, after it approved design changes to the aircraft grounded in March 2019 following two fatal crashes.
Over 150 million American shoppers could take advantage of Super Saturday this holiday season, with over 2 more million people compared to last year, the National Retail Federation said on Thursday.
A National Labor Relations Board (NLRB) investigation has found merit to a complaint that said Amazon.com Inc illegally discharged a protesting warehouse worker in New York City, according to an NLRB spokesperson.
The massive hacking campaign disclosed by U.S. officials this week and tentatively attributed to the Russian government extended beyond users of pervasive network software that had been compromised.
