WASHINGTON: Washington issued new entry rules for Chinese Communist Party (CCP) members travelling to the United States, the New York Times reported on Thursday (Dec 3), citing the State Department. The new policy - which took immediate effect on Wednesday - caps visas of Communist Party members ...
SINGAPORE: Singapore’s factory activity in November expanded for the fifth consecutive month but at a slower rate than the previous month, as demand continued to improve amid the COVID-19 pandemic. The Purchasing Managers’ Index (PMI) dipped to 50.4 from 50.5 in October, according to data by the ...
Caixabank's shareholders on Thursday lifted one of the last hurdles to the merger with state-owned lender Bankia that will create Spain's biggest domestic lender two days after Bankia shareholders had also cleared the path, Caixabank's Chairman Jordi Gual said.
3M Co said on Thursday it would cut about 2,900 jobs globally and scale back on investments in slower-growing markets as part of a restructuring that is expected to lead to pre-tax savings of up to US$350 million.
ZURICH: Switzerland's central bank has successfully tested using digital money to settle large scale transactions between financial institutions, it said on Thursday, but has not decided whether to issue its own digital currency. The experiment, known as Project Helvetia, was run by the Swiss ...
SINGAPORE: The CEO of Singapore ride-hailing company Grab told employees in an internal note on Thursday (Dec 3) that the firm is in a position to make acquisitions, following a report it is close to a merger with regional rival Gojek. The two firms have made substantial progress in talks...
NEW DELHI: PhonePe, the digital payments unit of Walmart's Indian e-commerce arm Flipkart, said on Thursday it would sell a stake to existing investors for US$700 million, helping it fuel growth in a crowded market that includes Google and Amazon . PhonePe's fundraising, from Flipkart ...
WASHINGTON: The United States will block imports of cotton it says are harvested with "slave labour" in China's Xinjiang region, authorities have announced. Beijing has come under intense international criticism over its policies in the resource-rich territory, where rights groups say as many as ...
UOB is making use of a new artificial intelligence (AI) solution that is "highly accurate" in identifying suspicious transactions and connected parties as it combats increased sophistication in financial crime, it said in a media statement on Thursday.
American Airlines' maintenance team is scrambling to complete safety changes to its fleet of Boeing 737 MAX jets ahead of a phased return to service, while deliveries of new jets are set to begin as early as this week.
