SINGAPORE: Singapore is considering a progressive wage model for the retail sector, Senior Minister of State for Manpower Zaqy Mohamad announced on Tuesday (Feb 23). The progressive wage model is a policy designed to raise the salaries of low-wage workers by upgrading their skills and increasing ...
Leading when you know where the world is headed is one thing, but it is something else when the future is uncertain.
Facebook will restore Australian news pages after Canberra offered amendments to legislation that would force the tech giant to pay for media content, Treasurer Josh Frydenberg said on Tuesday.
Huawei Technologies saw slight growth in its 2020 performance, in line with its expectations, the company's rotating Chairman Ken Hu said at an industry event held in Shanghai on Tuesday.
HSBC Holdings PLC on Tuesday reported 34per cent drop in annual profit, slightly better than expectations, after a year in which its global business took a hefty blow from the COVID-19 pandemic.
U.S. National Transportation Safety Board (NTSB) Chairman Robert Sumwalt said Monday that damage to a fan blade in a Pratt & Whitney engine that failed in a United Airlines Boeing 777-200 is consistent with metal fatigue, according to a preliminary assessment.
WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly US$500 million cut in his payout from the office space-sharing company's new owner, the Wall Street Journal reported on Monday.
Petrobras shares plunged 22per cent on Monday, wiping out 71 billion reais (US$13 billion) in market value, as Brazilian President Jair Bolsonaro again slammed its pricing policies after he replaced the state-controlled oil company's market-friendly CEO with a retired army general.
Occidental Petroleum Corp posted a larger-than-expected loss of US$731 million on Monday on an asset sale in the Permian Basin.
Occidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers said on Monday their first-quarter oil output will be hit by a recent winter storm that knocked out power to millions in Texas.
