TOKYO: Toshiba Machine Co said on Friday that a majority of shareholders approved controversial anti-takeover measures against a fund backed by veteran activist investor Yoshiaki Murakami. The vote, seen by some as another test case for Japan's corporate governance, would allow the Japanese ...
SINGAPORE: Supermarket chain NTUC FairPrice expanded its purchase limits to include cooking oil and canned products, while making changes to previous restrictions on items like paper products and poultry. In a Facebook post on Friday (Mar 27), FairPrice said this was in response to the evolving ...
Oil prices rose on Friday after world leaders promised a massive injection of funds to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for oil.
Increased demand for eggs in the United States has sent egg prices soaring in recent weeks as consumers scramble to stock up on staples due to coronavirus shutdowns.
The U.S. Justice Department has approved United Technologies Corporation's planned merger with Raytheon Co , subject to conditions, the agency said on Thursday.
Lululemon Athletica Inc beat analysts' estimates for quarterly results on Thursday, lifted by strong holiday season demand, but the athletic apparel maker did not provide a full-year forecast as the coronavirus outbreak fuels uncertainty.
Saving jobs is key priority in this COVID-19 downturn - and businesses can afford to be more sensitive to doing so, says ManpowerGroup’s Linda Teo.
NEW YORK: Stocks shot higher on Thursday (Mar 26) as investors brushed aside a record surge in US unemployment benefit claims, instead focusing on progress toward a massive stimulus plan and a pledge by world leaders for a "united front" in the fight against the coronavirus pandemic. Federal ...
The two largest U.S. automakers on Thursday announced measures to shore up their finances as the coronavirus pandemic takes a deep economic bite, with Ford Motor Co aiming to resume production next month of its most profitable vehicles while cutting costs further.
Gap Inc on Thursday withdrew its full-year forecast issued just two weeks ago, suspended its dividend and said it will draw down on its entire US$500 million credit facility as the apparel retailer looks to weather the coronavirus crisis.
