Finland's Nokia Oyj plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the local workforce, two union officials said on Monday.
The United States and Brazil lodged separate protests with Thailand over its ban on two farm chemicals earlier this month, documents reviewed by Reuters show, saying the "restrictive" and "serious" move could hurt key agricultural exports.
A recovery in world stocks faltered on Monday as the threat of rising coronavirus infections in parts of Europe and the United States curbed risk appetite, boosting demand for safe-haven gold.
Wirecard AG on Monday said there was a likelihood that the 1.9 billion euros (US$2.13 billion) reported missing from its accounts simply did not exist in the first place.
More investors are publicly backing a resolution to curb coal project lending that shareholders of Mizuho Financial Group are expected to consider this week, the first time such a step is to figure at the annual meeting of a Japanese listed company.
Lufthansa shares slumped 5.7per cent on Monday morning after CEO Carsten Spohr said the company would seek to avoid a grounding and insolvency in a battle with the airline's biggest shareholder over the terms of a 9-billion-euro bailout.
Tesla Inc Chief Executive Officer Elon Musk said on Sunday that Sept. 15 is the tentative date for the company's shareholder meeting and its "Battery Day" at which it is expected to reveal significant advances in battery technology.
SINGAPORE: Employment agencies in Singapore will have to meet new licence conditions to strengthen fair hiring practices, announced the Ministry of Manpower (MOM) on Monday (Jun 22). The nearly 3,900 employment agencies licensed by MOM must not in any way abet discriminatory hiring by their ...
The mammoth bond market has long been the old-school bastion of the financial world, but the COVID-19 pandemic has cast a light on its future - and it looks electronic. Well, mainly.
Investors managing £1.8 trillion (US$2.2 trillion) in assets are widening a campaign pressing oil majors to better reflect climate risks in their accounting, and will soon target other businesses with heavy fossil fuel exposure, the group said on Monday.
