Markets

Australia on Sunday ended a pandemic wage subsidy scheme despite official warnings that up to 150,000 people could lose their jobs as a result.

Goldman Sachs Group Inc liquidated US$10.5 billion worth of stocks in block trades as part of a selling spree that erased US$35 billion from the values of stocks of major companies, Bloomberg News reported on Saturday.

If you can do your job from anywhere, someone anywhere can do your job, says the Financial Times’ Simon Kuper.

The proliferation of drones China produces for commercial use and military operations could alter the geostrategic balance, says Defense News’ Mike Yeo.

Goldman Sachs Group Inc liquidated US$10.5 billion worth of stocks in block trades as part of a selling spree that erased US$35 billion from the values of stocks of major companies, Bloomberg News reported on Saturday.

Volkswagen has issued a recall for more than 150,000 Audi vehicles in the United States on concerns that their passenger air bags might not activate, according to a filing to the National Highway Traffic Safety Administration (NHTSA).

SINGAPORE: An Australian industry body that represents several international carriers, including Singapore Airlines (SIA), has raised concerns about the operational challenges of flying to Australia amid changing COVID-19 border measures. According to the Guardian, airlines operating flights to ...

The French government and the European Union's executive are close to an agreement on the terms of a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Le Monde reported.

Honda has agreed to sell its only British car plant at Swindon in southern England to logistics giant Panattoni, a company spokesman said on Saturday, as the new owner reportedly plans to make a large investment at the sprawling site.

Facebook has frozen Venezuelan President Nicolas Maduro's page for violating policies against spreading misinformation about COVID-19 by promoting a remedy he claims, without evidence, can cure the disease, a company spokesman said on Saturday.