Nigeria will lobby for its candidate to head the World Trade Organization, the country's foreign ministry said in reaction to her last-minute rejection by Washington that threw the regulator's leadership selection process into confusion.
Developers across the world are for the first time testing the use of hydrogen to power ships as the maritime industry races to find technologies to cut emissions and confidence grows the fuel is safe to use commercially.
SINGAPORE: Robinsons announced on Friday (Oct 30) that it will close its last two department stores in Singapore, after more than 160 years in the country. Robinsons said it has begun the liquidation process for its stores at The Heeren and Raffles City Shopping Centre, following "significant ...
Retail investors placed bids for a record US$3 trillion of shares in Ant Group Co Ltd's initial public offering (IPO), set to be the world's biggest, as mom-and-pop savers bet on demand for its financial services in China.
Rovio Entertainment , maker of the 10-year-old "Angry Birds" mobile game series, on Friday reported a 138per cent jump in third-quarter adjusted operating profit, helped by lower marketing costs and stable games revenue.
SINGAPORE: Singapore’s labour market is likely to bottom out by the end of this year, but the recovery will be uneven, said economists. According to figures released on Friday (Oct 30), the country’s unemployment rate rose to 3.6 per cent in September from 3.4 per cent in August. The number of...
SINGAPORE: The Monetary Authority of Singapore (MAS) issued prohibition orders to two former bank employees for fraud and dishonest conduct, it said on Friday (Oct 30). The orders, issued to Lu Chor Sheng and Tan Swee Thiam Timothy, took effect from Thursday. The cases were unrelated and both have...
Cryptocurrency hedge funds have posted hefty gains so far this year, benefiting from the surge in transactions that allow lenders and borrowers to transact without banks, as well as a steady rise in the bitcoin price.
NEW YORK: ExxonMobil said on Thursday (Oct 29) it could cut its global workforce by about 15 per cent, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices. ExxonMobil and other oil producers have been slashing costs due to a ......
SINGAPORE: Singapore’s unemployment rate rose to 3.6 per cent in September but the increase was at a slower rate compared to previous months, as the country re-opened from a COVID-19-induced slowdown. Even then, officials warned that labour market conditions would stay soft amid the prolonged ...
