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Following civil service ‘restraint’, private sector also likely to see lower bonuses: Analysts

SINGAPORE: Private sector employees are likely to receive lower annual bonuses in the current financial year compared to the previous year due to the headwinds that have buffeted the economy. According to human resource analysts CNA spoke to, full-year bonuses among private sector companies ...

Markets

Labour group accuses Google of firing four to deter workers from union activities

The Communications Workers of America union filed a federal labour charge against Alphabet Inc's Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.

Markets

Facebook sues Hong Kong company ILikeAd, alleges ad fraud

Facebook on Thursday sued a Hong Kong company that it said baited people into clicking on celebrities' photos and bogus advertising links, so it could install malware and run ads for counterfeit goods, diet pills and male enhancement supplements.

Markets

GM, LG Chem to build US$2.3 billion electric vehicle battery plant in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest US$2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities.

Markets

Uber says it received 3,000 reports of sexual assault in US last year

Ride-hailing firm Uber on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides.

Markets

Saudi Aramco raises US$25.6 billion in biggest-ever IPO

NEW YORK: Saudi Aramco on Thursday (Dec 5) priced its long-awaited IPO at the high end of the target range, raising US$25.6 billion and giving the energy giant a valuation of US$1.7 trillion in the world's biggest stock sale. Aramco priced its initial public offering at 32 riyals (US$8.53)...

Markets

Uber says it received over 3,000 reports of sexual assault in US in 2018

Ride-hailing firm Uber on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides.

Markets

Asian shares firm, oil near two-month high after deeper output cut

Asian stocks held firm on Friday as U.S. President Donald Trump's rhetoric kept investors' hopes up on a trade deal with China, while oil sat near two-month highs after producers led by Saudi Arabia and Russia agreed on further output cuts.

Markets

Uber says received more-than 3,000 reports of sexual assault in US in 2018

Ride-hailing firm Uber Technologies Inc on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides.

Markets

No apology to Elon Musk from British diver at ‘pedo guy’ defamation trial

The British cave explorer suing Elon Musk for calling him a "pedo guy" on Twitter testified on Thursday that his criticism of the Tesla Inc billionaire chief executive that led to the tweet was not a personal attack.

Markets

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