NEW YORK: Wall Street stocks surged on Monday (Mar 2), staging a dramatic comeback after an historically bad week as markets cheered news that global finance heavyweights plan a coordinated response to the coronavirus epidemic. The Dow Jones Industrial Average jumped 1,293.96 points (5.09 per ...
FORMER Citibank Singapore's head of retail banking Charles Wong is due to join the Grab-Singtel entity bidding for a digital full bank in Singapore, BT understands.
AMID a shake-up at the global level, HSBC Singapore is still on track to grow its headcount and revenues in its retail banking and wealth management segment, and also in its private banking arm, said two senior executives.
TWO Singapore banks have ramped up efforts to boost efficiency in trade finance, an old trillion-dollar industry that until recently had been predominantly based on paper documents.
The organizers of the Grammy Awards said on Monday they fired the chief executive they had placed on administrative leave in January.
DUBLIN: Ryanair will cut capacity in and out of Italy, its largest market, by 25 per cent for three weeks due to a significant drop off in bookings since a coronavirus outbreak, Europe's biggest low-cost airline said on Monday (Mar 2). The Irish airline said it did not expect...
Amtrak said Monday it had tapped Atlas Air's chief executive to run the money-losing U.S. passenger railroad that has seen record traffic.
SAO PAULO: Brazil's Hypera Pharma said on Monday (Mar 2) that it has signed a contract to buy a portfolio of 18 products from Japan's Takeda Pharmaceutical Co for US$825 million. Shares in Hypera soared on the news, and were up 14.1 per cent, at 39.13 reais, in afternoon...
U.S. factory manufacturing activity slowed in February as new orders contracted, reflecting worries about supply chain disruptions related to the fast-spreading coronavirus outbreak, which has revived financial market fears of a recession.
REUTERS: Chevron Corp is offering buyouts to reduce its U.S. oil exploration and production workforce, three sources told Reuters, as the oil major moves to cut costs in the face of sharply lower oil and gas prices. The No. 2 US oil producer decided to reduce staff after reviewing operations...
