SAN FRANCISCO: Singapore's Temasek Holdings has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said on Thursday (May 14). Temasek was among three new members announced for the association, including the ...
The We Company, owner of WeWork, said its first-quarter free cash outflow grew 60per cent sequentially, according to an email the company's chief financial officer sent to employees on Thursday and reviewed by Reuters.
NEW YORK: The New York Stock Exchange will reopen its trading floor later this month but with limits imposed to keep the coronavirus from spreading among brokers, its president said on Thursday. Amid the disastrous COVID-19 outbreak in New York City, the exchange closed for physical trading in mid ......
SINGAPORE: With fewer customers at Geylang Serai Market and restaurants cutting back orders by as much as 90 per cent almost immediately after the “circuit breaker” rules kicked in, business slowed so much that Mr Alfred Goh and his father found themselves with more than 100kg of shellfish ...
Extending protection even after maternity leave and strengthening wrongful dismissal penalties would be good first steps to making workplaces mum-friendly, says AWARE’s Shailey Hingorani.
SOUTH-EAST Asia's largest lender DBS on Thursday said it is committed to hiring more than 2,000 people in Singapore this year, notwithstanding the current economic downturn caused by the Covid-19 pandemic.
NEW YORK: After two straight routs, Wall Street stocks finished higher on Thursday (May 14) as beaten-down banking shares rallied despite another spike in jobless claims. Stocks opened lower, but reversed course at midday and kept rising, with the Dow Jones Industrial Average finishing up 377.37 ...
General Motors Co's self-driving car unit Cruise told staff on Thursday it has decided to lay off workers, the latest start-up in the nascent industry to cut jobs during the coronavirus pandemic.
Nike Inc said on Thursday store closures in North America will hurt its retail and wholesales businesses in the fourth quarter.
LOS ANGELES: Walt Disney Co and unions representing workers at Florida's Walt Disney World have reached an agreement on safeguards to protect employees from coronavirus, a union statement said on Thursday (May 14), removing one of the company's hurdles to reopening its popular theme parks. The ...
