J.C. Penney Co Inc’s talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store to the brink of collapse unless it can reach a deal within days to be taken over by lenders.
NEW YORK: There are dollar bears, and then there's Ulf Lindahl. The chief investment officer of currency manager A.G. Bisset believes the U.S. currency will plunge 36per cent against the euro over the next year or so, taking it to levels it has not seen in more than a...
The S&P 500 hovered near record highs on Monday as bets on a rebound in economic activity due to prolonged central bank support put the index on course for its best August in more than three decades.
The S&P 500 hovered near record highs on Monday as bets on a rebound in economic activity due to prolonged central bank support put the index on course for its best August in more than three decades.
Crowdsourced business review website Yelp committed on Monday to the Fifteen Percent Pledge, a U.S. campaign for retailers and companies to increase representation of Black-owned businesses to 15per cent, the campaign said in a statement.
The high-flying shares of Apple Inc and Tesla Inc rose further on Monday, as investors jumped at the opportunity to own shares at more affordable prices after the companies split their stock.
SINGAPORE: Three F&B businesses at Science Park Drive and Havelock Road were issued an order to close their premises and fined after failing to comply with measures aimed at curbing the spread of COVID-19, said the Singapore Food Agency (SFA) on Monday (Aug 31). The F&B outlets are: Whimsical Bar ...
Shares of TikTok U.S. suitors Microsoft Corp, Oracle Corp and Walmart Inc fell on Monday after China's move to restrict some technology exports spurred worries Beijing might block any deal for the video app's U.S. assets.
FRANKFURT: The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank (ECB) board member Isabel Schnabel said. Initially just a health crisis ...
SINGAPORE: The Government should do more to address job competition from foreigners amid mounting concerns among Singaporeans on the issue, Members of Parliament (MP) said on Monday (Aug 31) during the debate on the President’s Address. This was a key theme on day one of the debate, with MPs ...
