Citigroup Inc looks to reopen its New York headquarters to a small number of employees as soon as July, with workers returning to London offices even earlier, Chief Executive Officer Michael Corbat told Bloomberg News in an interview.
SINGAPORE: The proposal by United Arab Emirates utility firm Utico to replace all cash payments for Hyflux creditors with stocks of both companies is “considerably less favourable” and a “bombshell” for already-aggrieved retail investors, said the Securities Investors Association of Singapore ...
U.S. President Donald Trump marked the coronavirus pandemic milestone of 100,000 U.S. deaths in a Twitter post on Thursday, a day after the threshold was reached and his silence noted.
This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by Reuters say top indexes will not revisit lows struck this March following an explosive rally since then.
The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.
Amazon.com Inc plans to offer permanent jobs to about 70per cent of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday.
SINGAPORE: An unregulated trading platform believed to be registered in Belize has been blocked by Singapore authorities after the police received complaints from at least 40 people here. The online platform, Arotrade, purportedly offers trading in Contracts for Difference (CFDs) for different ...
Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to plug "black holes" in surveillance systems, industry officials say.
Sonic Automotive Inc , which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then it changed its executives' pay packages - handing them a multimillion-dollar windfall.
Dollar General Corp said on Thursday it expects to exceed its annual sales and profit forecasts after the retailer saw a surge in demand from customers stocking up on groceries and household essentials amid the COVID-19 pandemic.
