U.S. stock index futures were subdued on Tuesday as investors booked profits after a rally that sent the S&P 500 and the Dow to their highest levels in more than two weeks, while awaiting signs Washington was close to agreeing on more fiscal stimulus.
LONDON: Stock markets diverged on Tuesday (Oct 6) as investors dwelt on US election uncertainty after President Donald Trump returned to the White House following hospital treatment for COVID-19. Traders reacted to Trump's discharge from hospital as political concerns persisted before the ...
As the world experimented with working from home, U.S. energy firm Phillips 66 Co went the other way: it imposed a “work-from-work” policy for staff at its Houston headquarters in May even as the city became a hot spot for the pandemic.
More than six months after the pandemic ravaged the U.S. labor market, millions of Americans who are still unemployed are bracing for the possibility that the jobs they held before the crisis may not come back for years, if at all.
SINGAPORE: With the aviation sector battered by the COVID-19 pandemic, it is “not the time now” to be talking about imposing an environmental tax on Singapore Airlines (SIA), said Transport Minister Ong Ye Kung in Parliament on Tuesday (Oct 6). Doing so will worsen the situation for the national ......
JAKARTA: Experts have cast doubt on Indonesia’s newly passed omnibus law, raising concerns over whether it can effectively create jobs and attract investments, while bureaucratic reforms are left unaddressed. The Job Creation Law revises more than 70 existing laws and regulations and promises to ...
Australian casino billionaire James Packer on Tuesday acknowledged sending threatening emails in 2015 to an unnamed person with whom he was working on taking Crown Resorts Ltd private while a director at the company he created.
BENGALURU: The plunge in India's services sector activity eased considerably in September after the government lifted some coronavirus restrictions, but demand continued to contract, prompting firms to cut more jobs, a private business survey showed on Tuesday (Oct 6). Signs of stabilisation in ...
SINGAPORE: Legislating retrenchment benefits does not guarantee better outcomes for employees who were laid off, Manpower Minister Josephine Teo said in Parliament on Monday (Oct 6). Responding to a question by Member of Parliament Louis Chua on whether a baseline retrenchment benefit can be ...
IOC gets official look at simplification for Tokyo Olympics
