BANGKOK: A selloff in the Thai baht, underperforming stocks and pressure on the bond market reflect growing concern from global investors over political instability and the growth outlook in Southeast Asia's second-biggest economy, analysts and fund managers say. Thailand suffered its deepest ...
S&P 500 futures rose on Wednesday for the ninth time in past ten sessions helped by a rally in tech stocks, as focus turns to economic data that is likely to show a jump in private jobs in August.
Ford Motor Co said on Wednesday is targeting the elimination of 1,400 U.S. salaried jobs by year end as part of its ongoing, multiyear US$11 billion restructuring.
BRUSSELS: The pressure from the COVID-19 pandemic on government finances might help bring about a stalled international agreement on how to tax digital giants like Google, Amazon, Facebook, Apple or Microsoft, German Finance Minister Olaf Sholz said on Wednesday. Scholz told the economic committee ...
STOCKHOLM: Ingka Group, the owner of most IKEA stores, plans 600 million euros (US$712 million) in sustainability-related investments over the next 12 months as the world's biggest furniture brand aims to be climate positive throughout its value chain by 2030. The plan is to spend a third on ......
DraftKings Inc said on Wednesday basketball legend Michael Jordan has joined the e-sports and gambling company's board as a special adviser.
NEW DELHI: India on Wednesday (Sep 2) banned 118 Chinese apps as it stepped up economic hostilities over an increasingly bitter border showdown between the giant neighbours. The Information Technology Ministry said the apps - including services provided by China Internet giant Tencent - promoted ...
U.S. private payrolls increased less than expected in August, suggesting that the labor market recovery was slowing as the COVID-19 pandemic drags on and fiscal stimulus fades.
SINGAPORE: Property portal 99 Group - which operates several brands including 99.co - intends to hire about 100 tech employees over the next 12 months, as it looks to accelerate innovation in the real estate industry, the company on Wednesday (Sep 2). The company, which also operates iproperty.com ......
Macy's Inc reported better-than-expected quarterly sales on Wednesday, as shoppers stuck indoors due to the COVID-19 pandemic bought more apparel using the department store chain's app and website.
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