Markets

SINGAPORE: Hiring slowed in the second quarter of 2020 but did not come to a standstill, according to a survey conducted by the Ministry of Manpower's (MOM) Manpower Research and Statistics Department. Despite weaker hiring sentiments, "a good number" of retrenched workers re-entered employment ...

Nestle has increased the share of recyclable or reusable plastics to package its products to 87per cent, making progress toward its 100per cent goal by 2025, and gave examples of innovation to cut plastic waste in a media briefing on Monday.

Demonstrators damaged seven of South African drug retailer Clicks Group's shops on Monday and forced others to close during protests over what they said was a racist advertisement posted on its website.

Britain's competition regulator on Monday fined Amazon 55,000 pounds (US$72,364) after the U.S. online giant delayed an investigation into its purchase of a 16per cent stake in food platform Deliveroo by failing to provide documents on time.

Abu Dhabi's Etihad Airways on Monday said it would cover medical and quarantine costs for passengers if they contract the new coronavirus after traveling on one of its flights.

World shares inched higher led by Europe on Monday, after last week's rout in U.S. technology stocks that saw US$2.3 trillion in value wiped off in two days with investors taking note of lofty valuations when the global economy is still in a recession.

French carmaker Renault will develop and assemble the next generation of partner Nissan's Micra models, a senior executive at the Japanese firm said, as the two companies try to reboot their alliance with tighter cooperation in production.

VENICE: Hollywood stars and top directors are getting increasingly anxious about the hold streaming giants Netflix and Amazon are exerting over cinema. Several expressed unease at the dominance streamers established during the pandemic at the Venice film festival - the first major industry ...

Bottled water giant Nongfu Spring said Monday it is aiming to raise more than US$1 billion in a Hong Kong listing, as Beijing cajoles Chinese companies to raise cash at home.

French carmaker Renault unveiled the new lines of two of its best-selling cars on Monday, both models manufactured by its Romanian low-cost brand Dacia, recently upgraded to an independent division within the company.