British Business Secretary Alok Sharma said that it was going to be difficult for lots of people when asked about future potential job losses in the country.
LUXEMBOURG: Europe's top court on Thursday rejected a key EU tool used to transfer Europeans' personal data across the Atlantic for commercial use but upheld the validity of another tool used by hundreds of thousands of companies to transfer data worldwide. "The Court of Justice invalidates ...
Ladbrokes and bwin owner GVC Holdings announced the departure of Chief Executive Officer Kenny Alexander on Thursday, after 13 years at the helm, during which he built the company into one of the world's biggest gambling businesses.
The hack of Twitter on Wednesday that compromised the accounts of prominent people including U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian and former U.S. President Barack Obama was one of the most dramatic of the social media era.
KUALA LUMPUR: A Malaysian court on Thursday (Jul 16) granted an interim order to stop Saudi energy firm PetroSaudi International (PSI) from using more than US$340 million in funds in Britain, which Malaysian prosecutors believe was siphoned from state fund 1MDB. US and Malaysian authorities say ...
THERE is "substantial uncertainty" over the global economic outlook amid the Covid-19 crisis, said Monetary Authority of Singapore's (MAS) managing director Ravi Menon on Thursday.
With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick in near-term inflation could give the central bank's Monetary Policy Committee reason to pause for now.
KUALA LUMPUR: The US Customs and Border Protection (CBP) has enforced a detention order on subsidiaries of the world's largest medical glove-maker Top Glove, an action intended to halt importation of goods from companies suspected of using forced labour. The action by CBP comes at a time when ...
Global economic activity is picking up after an unprecedented decline this year due to the coronavirus pandemic, but a second major wave of infections could trigger more disruptions, the International Monetary Fund's top official said.
Americans who received enhanced unemployment benefits due to the coronavirus pandemic spent more than when they were working, a study released on Thursday said, adding to concerns about a steep fall in spending when the emergency benefits expire.
