Air New Zealand Ltd said on Wednesday it aims to cut up to 385 more cabin crew jobs due to the lack of long-haul international flying, which would take its COVID-19 related job losses to around 37per cent of its workforce.
Too many investors have piled into U.S. technology stocks, making the sector the most "crowded trade" of all time and difficult to unwind, while a tech bubble is the biggest risk after an expected second wave from the COVID-19 pandemic, a BofA Securities survey of fund managers said on...
Securities transactions made by Eastman Kodak Co Chief Executive Officer Jim Continenza around the time the photography equipment maker learned it could receive a US$765 million government loan did not violate internal policies, a law firm hired by the company's board said on Tuesday.
CHICAGO: China has suspended imports from an OK Foods poultry plant in Fort Smith, Arkansas, because of coronavirus cases among workers, the USA Poultry & Egg Export Council said on Tuesday (Sep 15). China, the world's top meat importer, has blocked products from some plants in foreign countries ......
Streaming music firm Spotify Technology SA on Tuesday criticized rival Apple Inc , saying that a new subscription bundle offer from the iPhone maker abuses its dominant market position by favoring its own Apple Music service.
Oil prices rose on Wednesday, extending gains from the previous session, as a hurricane disrupted U.S. offshore oil and gas production and an industry report showed a big drop in U.S. crude stockpiles.
Asian shares were set for a mixed open on Wednesday as investors awaited the Federal Reserve's view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is likely to give sentiment a tailwind.
Thomas Cook re-emerged as an online-only travel company on Wednesday, backed by its Chinese owners, a year after the high-profile collapse of the British company left thousands stranded, out of work and out of pocket.
STOCKHOLM: Swedish clothing giant H&M said Tuesday (Sep 15) it was ending its relationship with a Chinese yarn producer over accusations of "forced labour" involving ethnic and religious minorities from China's Xinjiang province. The fashion retailer specified that it didn't work with any garment ...
AT&T Inc is considering offering wireless phone plans partially subsidized by advertising as soon as a year from now, Chief Executive John Stankey said in an interview on Tuesday.
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