Markets

Microsoft Corp's professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6per cent of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products.

Volkswagen and Ford said a U.S. legal row between South Korean battery makers could disrupt supplies of the key electric vehicle parts and cost U.S. jobs during the Covid-19 outbreak, according to documents submitted to a U.S. trade panel.

Nokia rolled out on Tuesday new 5G stand-alone wireless networks for industrial clients and unveiled an order to build one for mining technology firm Sandvik at its site in Tampere, Finland.

COVID-19 has hit the reset button on world economies, with governments looking to firm up “exit plans” from their current consumption-focused stimulus packages, said DBS chief Piyush Gupta.

Ebay has agreed to sell its classified ads business to Norwegian group Adevinta in a cash share deal worth US$9.2 billion, the companies said on Tuesday.

BERLIN: The founders of Berlin music-streaming app Soundcloud are launching an e-bike subscription startup, betting their experience in building a community of enthusiasts will ensure the venture is more sustainable than bike sharing. The idea for the venture, called DANCE, predates the ...

THE Monetary Authority of Singapore (MAS) is proposing new laws that will give it more teeth to regulate financial services in the Republic amid emerging risks, such as those brought on by the wider provision of digital services.

Chinese Starbucks customers can order the coffee chain's drinks on Alibaba's Taobao marketplace and mobile map app Amap, the companies said on Tuesday, expanding a partnership signed in 2018.

The shock of the pandemic has spared no one, but the costs have not been evenly distributed.

SINGAPORE: Temasek Holdings reported a 2.2 per cent drop in annual net portfolio value in a pandemic-hit year as it unveiled preliminary performance and said it was ready to invest in opportunities arising from volatile market conditions. For the year ended Mar 31, Temasek’s net portfolio value ...