SINGAPORE: Some law firms are seeing a surge in queries on employee rights and employer obligations as the economy takes a hit from the COVID-19 outbreak, with the Government issuing guidelines on retrenchments and cost-cutting. Employees have asked about their rights as contract staff or ...
Japan's SoftBank Group Corp will not complete a US$3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-office operator's board said on Wednesday.
The Trump administration is tightening rules to prevent China from obtaining advanced U.S. technology for commercial purposes and then diverting it to military use, several sources told Reuters.
From expensive watches to chocolates and cement, Swiss industry is being battered by the coronavirus epidemic, data showed on Wednesday, with the country's PMI survey sinking to its lowest level in more than a decade.
The dollar held gains on Thursday as investors rushed to the security of the world's most liquid currency as the coronavirus pandemic caused massive disruptions to global trade.
The U.S. Treasury Department plans to hire PJT Partners Inc , Moelis & Co and Perella Weinberg Partners to advise on the airline portion of Washington's US$2 trillion stimulus bill, the Wall Street Journal reported on Wednesday.
Asian equity markets and crude oil looked set for further losses on Thursday, after a dire warning about the U.S. coronavirus death toll and mounting evidence the fast-spreading disease has sent the world economy hurtling into a deep recession.
MELBOURNE: U.S. crude oil futures opened 5per cent higher on Thursday, reversing Wednesday's losses, despite growing concerns about a looming economic depression due to the coronavirus pandemic. U.S. West Texas Intermediate (WTI) crude futures rose as much as US$1.16 to a high of US$21.47, and ...
Apple Inc said on Wednesday it would stop taking a cut of some sales for "qualifying" streaming video services on iPhones and other Apple devices, including Amazon.com's Prime Video.
Demand for electricity, petrol, diesel and aviation fuel have plummeted, say observers.
