Lloyd's of London and Parsyl Inc. have launched a groundbreaking insurance initiative to protect and support the distribution of COVID-19 vaccines as a global vaccination programme to halt the deadly virus gathers pace.
China's central bank has called for wider acceptance of cash in economic activities and vowed to punish those who refuse to accept cash payments in the wake of a widening gap in access to digital services.
Shares in Volkswagen rose as much as 3.7per cent on Tuesday after the carmaker said its CEO had the full support of its supervisory board, temporarily ending a power struggle over the measures to accelerate the push towards electric cars.
SINGAPORE has fallen two places to rank 14th among the most expensive locations in the world for expatriates, mainly due to a weaker Singapore dollar (SGD) resulting from the local economic impacts of the Covid-19 pandemic.
:Britain's biggest sportswear retailer JD Sports said on Tuesday it had bought retailer Shoe Palace for US$325 million in a move that would expand its footprint in the U.S. West Coast, sending the company's shares 5per cent higher.
Sweden's H&M, the world's second-biggest fashion retailer, said on Tuesday net sales fell 10per cent in local currencies in the fourth quarter with an accelerating slowdown towards the end of the September-November period.
SINGAPORE: Moderna said on Tuesday (Dec 15) it has concluded an agreement with Singapore's Ministry of Health (MOH) to supply mRNA-1273, its COVID-19 vaccine, to the country. The agreement will "support ongoing efforts to secure access to a safe and effective COVID-19 vaccine for the people of ...
SINGAPORE: New private home sales in Singapore rose by 18.9 per cent in November, reversing a decline seen in October, on the back of new project launches by developers. Private developers sold 767 units, excluding executive condominiums (ECs), in November, data from the Urban Redevelopment ...
Credit Suisse reiterated its key financial target on Tuesday, as Switzerland's second-biggest bank laid out plans to boost growth in wealth management and investment banking and revamp its asset management business.
Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10per cent under new draft EU rules to be announced on Tuesday.
