SINGAPORE: Singaporean shipping firm Ocean Tankers, a unit of troubled oil trader Hin Leong Trading, has applied to be placed under the management of a court-appointed supervisor, two sources with knowledge of the matter told Reuters. Singapore's High Court is due to hold a hearing on an ...
Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a virtual halt in global travel to curb the spread of the coronavirus pandemic.
Shagufa Haidari, 23, a flight attendant for Afghanistan's Kam Air, used to fly six days a week around the country and abroad, to Istanbul, Islamabad and Delhi.
SINGAPORE: The US dollar rose to a two-week high against major peers on Tuesday (May 12), propelled by rising US bond yields and increasing safe-haven demand amid growing fears about a second wave of coronavirus infections, which sent riskier currencies lower. The biggest loser was the Australian ...
BEIJING: US President Donald Trump said on Monday (May 11) he opposed renegotiating the US-China "Phase 1" trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement. Trump, who himself has considered ...
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down.
United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be "closer to full capacity," allowing them to re-book on a different flight or receive a travel credit.
Governments face a temptation to extend the emergency and defer the eventual reckoning and distribution of costs, says Professor Harold James.
Caesars Entertainment Corp missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic.
BOSTON: Sandwich maker Potbelly Corp on Monday (May 11) promised to reimburse activist shareholders' expenses with stock not cash, creating a situation that lawyers call an outlier for now but which they said could find traction in tough economic times. The two sides reached a settlement that ...
