Markets

But as companies inevitably bow out amid this war of attrition in the years ahead, there are signs that this era of cheap mobile plans may not last, several experts said.

SINGAPORE: A day after it was announced that more employees in Singapore will be allowed back at the workplace from Apr 5, Clean Lab received an urgent request for a deep-cleaning service.  “The company asked if we can do a deep clean of their office carpet immediately,” said Clean...

BANKS have scaled back their physical footprints in prime office areas over the last decade, as they reviewed and consolidated their operations. But the pandemic is likely to push some to make more cuts.

SINGAPORE'S property market rebounded strongly after a slow first half of the year in 2020, with home prices hitting new highs into the first quarter of this year. This is despite Covid-19 casting a shadow over the broader economy.

IMF: Vaccine inequity threatens Mideast's economic recovery

PARIS: French lawmakers voted late on Saturday (Apr 10) to abolish domestic flights on routes than can be covered by train in under two-and-a-half hours, as the government seeks to lower carbon emissions even as the air travel industry reels from the global pandemic. The measure is part of a...

DUBAI: Saudi oil producer Aramco has agreed to a US$12.4 billion deal to sell a 49 per cent stake in its pipelines to a consortium led by US-based EIG Global Energy Partners. Announced late on Friday (Apr 9), it is the company's largest deal since its record US$29.4 billion initial...

BERLIN: The European Union has suggested that it and the United States suspend tariffs imposed on billions of dollars of imports for six months, EU trade chief Valdis Dombrovskis was quoted as telling Germany's Der Spiegel on Saturday (Apr 10). That would go beyond a four-month suspension agreed ......

PARIS: The European Union's COVID-19 recovery response is robust and does not fall short when compared with the United States' US$1.9 trillion recovery plan, European Council President Charles Michel told Les Echos newspaper. EU member states agreed last summer on a €750 billion (US$892.2 billion) ...

WASHINGTON: South Korean battery makers LG Chem and rival SK Innovation have agreed to settle a trade secrets dispute that has threatened a key Georgia plant and the electric vehicle plans of Ford Motor and Volkswagen, three sources briefed on the matter said. The Biden administration through the ......