Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused by the coronavirus pandemic.
Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou has lost a key aspect of the trial on her extradition to the United States, a Canadian court announced on Wednesday.
HAVANA: The coronavirus pandemic is highlighting growth in inequality in Communist Cuba as worsening shortages force most citizens to spend hours in line to purchase basic goods while the better-off are shopping online. The disruption from the pandemic has plunged Cuba into its worst economic ...
Chevron Corp expects a 10per cent to 15per cent reduction in positions across the company as part of restructuring efforts it started late last year, according to an internal memo seen by Reuters.
SINGAPORE: Singapore's financial position will be "a lot weaker in the coming years", but the Government will continue to find ways to manage this "difficult financial situation", said Deputy Prime Minister Heng Swee Keat in an interview with CNA on Wednesday (May 27). A total of S$52 billion will ...
Boeing Co said Wednesday it was eliminating more than 12,000 U.S. jobs, including laying off 6,770 U.S. workers as the largest American planemaker restructures in the face of the coronavirus pandemic.
In the week since U.S. auto factories reopened after coronavirus lockdowns, workers at all three Detroit automakers have tested positive for COVID-19 but only Ford Motor Co has temporarily closed plants.
Boeing Co said Wednesday it will notify 6,770 U.S. workers they are being laid off with "several thousand remaining layoffs" planned in the next few months, chief executive Dave Calhoun told workers in an email.
A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou's extradition to the United States, with a favourable judgment seen as paving the way for the release of the Chinese executive after 18 months of house arrest.
Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years.
