SINGAPORE: The National Trades Union Congress (NTUC) on Friday (Jul 24) proposed a framework to guide companies on how to fairly treat workers affected by retrenchments. In a media release, the labour union said that the Fair Retrenchment Framework would help companies carry out responsible ...
Oilfield services giant Schlumberger NV on Friday reported its second straight quarterly loss after recording a US$3.7 billion charge related to thousands of job cuts and a major pipeline outage in Ecuador.
Oilfield services giant Schlumberger NV on Friday reported its second straight quarterly loss after recording a US$3.7 billion charge related to thousands of job cuts and a major pipeline outage in Ecuador.
British Airways owner IAG is set to issue shares at the end of the summer in a bid to raise up to 2.5 billion euros (US$2.88 billion) to keep the business afloat and avoid a government bailout, several sources said.
KUALA LUMPUR: US investment bank Goldman Sachs has reached a US$3.9 billion settlement with the Malaysian government over the multibillion-dollar 1MDB scandal, the two sides said on Friday (Jul 24). The deal includes a $2.5 billion cash payout by Goldman and a guarantee by the bank to return at...
SINGAPORE: A total of 400,000 lower-income Singaporeans will receive their first Workfare Special Payment payout from Jul 28, the Ministry of Finance (MOF) said in a press release on Friday (Jul 24). The special payment was announced by Minister for Finance Heng Swee Keat under the Care and ...
Verizon Communications Inc added more phone subscribers who pay a monthly bill than analysts expected, as demand for its services picked up during stay-at-home orders.
U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police misconduct.
Verizon Communications Inc added more phone subscribers who pay a monthly bill than analysts expected, as demand for its services picked up during stay-at-home orders.
REUTERS: Shares in cinema operators Cineworld and AMC fell on Friday after Disney delayed the release of "Mulan", the latest Hollywood tentpole to be pushed back as theatres remain largely shut because of the coronavirus crisis. Chinese-controlled AMC , the United States' largest chain, said on ...
