Britain's Defence Secretary Gavin Williamson has been fired over the leak of information about Chinese telecoms company Huawei, Prime Minister Theresa May's office said on Wednesday.
WASHINGTON: The Federal Reserve decided on Wednesday (May 1) to keep its benchmark interest rate unchanged amid mixed signals about the direction of the US economy. While the central bank noted the continued "strong labour market" and "solid" gains in economic activity, it also highlighted a ...
U.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in March, suggesting economic growth was moderating after surging in the first quarter.
U.S. private employers added 275,000 jobs in April, well above economists' expectations and the most since last July, a report by a payrolls processor showed on Wednesday.
Allergan Plc shareholders have voted down a proposal to order the immediate split of the roles of chairman and chief executive, with 61.3 percent of shareholders backing Chairman and CEO Brent Saunders.
Persimmon looks set to avoid another backlash over executive pay after its largest shareholder BlackRock voted in support of the housebuilder's remuneration report, Sky News reported on Wednesday.
Global equities were higher on Wednesday, extending the global equity market rally into a fifth month as investors cheered Apple's strong results and the U.S. dollar dipped ahead of a policy statement from the Federal Reserve.
The parties involved in the pilot strike at Scandinavian airlines SAS will meet at the office of the Norwegian state mediator on Wednesday as the protest entered its sixth day, Norwegian news agency NTB reported.
U.S. President Donald Trump's unexpected decision to ban all Iranian oil purchases after May 1 - ending exemptions for eight nations - came after hawkish economic and security advisors allayed the president's fears of an oil price hike, according to three sources familiar with the internal debate.
Eligible companies will receive an additional 10 per cent of support from the labour movement if they apply for the Enterprise Development Grant, Deputy Prime Minister Heng Swee Keat said during his May Day Rally speech on Wednesday (May 1).
