United Airlines Holdings Inc has told employees that it expects its management and administrative ranks to be around 30per cent smaller starting in October, according to a company memo seen by Reuters.
Eight years after arriving from Brazil, Rennan Yamashita sat in a government office in central Japan, filling out forms for unemployment insurance after losing his job for the ninth or 10th time - he has lost count.
Apple Inc on Monday capitalized on the Federal Reserve's emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chip company to do so to fund stock buybacks and dividends.
A late Wall Street rally is expected to lead Asian stocks higher on Tuesday after tech shares and oil rose on easing coronavirus restrictions and prospects of an economic recovery, overcoming concerns about renewed Sino-U.S. trade tensions.
United Airlines Holdings Inc has told employees that it expects its management and administrative ranks to be around 30per cent smaller starting in October, according to a company memo seen by Reuters.
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a US$3 billion tender offer to the office-sharing startup's shareholders.
But it comes as no surprise that Alibaba is betting big on the cloud to maintain competitiveness at home and make a play for overseas markets, says Mark Greeven.
Major U.S. firms and trade groups want the U.S. Trade Representative's Office to waive tariffs on a wide range of Chinese-made products as a result of the coronavirus pandemic, including drones, robots, personal computers and 3D printers.
THE big swings in global financial markets due to the virus fallout present the first big test for robo-advisers in Singapore - young digital upstarts that only penetrated the local wealth scene some five years ago.
FALLING interest rates have cascaded down to both deposit and lending products - from Singapore Savings Bonds (SSB), fixed deposits (FD) and home loans to savings deposits.
