Wells Fargo & Co resumed job cuts in early August after it paused layoffs in March because of the COVID-19 pandemic, a spokeswoman said on Friday.
U.S. home sales rose at a record pace for a second straight month in July and home prices hit a record as historically low interest rates boosted demand for homes even as the coronavirus pandemic put millions of people out of work.
Ryanair plans to cut significantly fewer jobs than the 3,000 it originally estimated, after 97per cent of pilots and over 90per cent of cabin crew signed up so far to pay cuts and work practice changes, its director Of operations said on Friday.
REUTERS: Amazon.com Inc said on Friday Jeff Wilke, chief executive officer of its consumer business, would retire from early next year. (Reporting by Akanksha Rana in Bengaluru; Editing by Anil D'Silva)
German utility RWE wants compensation from the government for phasing out coal power generation to be paid out as quickly as possible, it said on Friday.
China has promised to follow the Phase One trade deal reached with the United States, Secretary of State Mike Pompeo said on Friday, despite a delay in talks to review progress on the deal.
SINGAPORE: Singapore Airlines (SIA) and Changi Airport Group (CAG) have welcomed the Government's decision on Friday (Aug 21) to ease restrictions on inbound travel from Brunei and New Zealand. From Sep 1, some travellers coming to Singapore from those two countries will not be required to serve ...
Shares of Pfizer Inc and U.S.-listed shares of partner BioNTech SE rose on Friday after they released additional data for their experimental coronavirus vaccine and reiterated they were on track to seek a regulatory review in October.
Europe's travel recovery stalled at the start of August after a stronger performance in July, as quarantine rules and warnings over rising infection rates created uncertainty and deterred tourists from booking trips abroad.
Wirecard inked a deal to sell its operations in Brazil, its insolvency administrator said on Friday, the first asset of global operations to sell after the company collapsed amid an accounting scandal earlier this year.
