Goldman Sachs Group Inc reported a 94per cent rise in quarterly profit on Wednesday, driven by a resurgence in deal-making and continued strength in its trading and underwriting businesses.
Macy's Inc said on Wednesday Adrian Mitchell, a managing director at Boston Consulting Group, will take over as the department store operator's chief financial officer in November.
Locked into a 15-year lease agreement, Magyar Telekom is considering subletting some of its new headquarters, one of several options under review as the coronavirus pandemic upends long-term plans for Hungary's largest office building.
The miniature motors that make iPhones buzz on silent helped power Japan's Nidec to become a 1.5-trillion-yen (US$14 billion) company.
KUALA LUMPUR: Malaysia's Khazanah Nasional has the option to channel funds to low-cost carrier Firefly which could become the country's national airline if Malaysia Airlines was shut down, the head of the sovereign wealth fund was quoted as saying on Wednesday. The comments by Shahril Ridza ...
A decade-long economic expansion did little to narrow the gaps between the United States' prosperous and ailing areas, with thousands of "distressed" zip codes shedding jobs and businesses in a trend that laid the groundwork for the developing "K" shaped recovery from the coronavirus pandemic.
SINGAPORE: As the COVID-19 pandemic continues to take its toll on the aviation industry, many airlines are attempting to redirect operations and manpower to stay afloat. Carriers such as Singapore Airlines, Qantas and EVA Air have started offering services such as tours, dining experiences, and ...
AS the world starts to recognise the impact of climate change, investors can no longer afford to dismiss risks associated with abrupt policy changes that may potentially hurt portfolio returns.
SINGAPORE: Safeguards are in place to prevent companies from abusing the Jobs Growth Incentive (JGI), Manpower Minister Josephine Teo said on Wednesday (Oct 14) in Parliament. The JGI is a wage subsidy scheme aimed at encouraging firms to hire more locals. Under the S$1 billion programme, the ...
A top apparel industry watchdog has launched an investigation into underwear maker Jockey International's Indian partner Page Industries Ltd following allegations of human rights abuses at one of its factories, the watchdog told Reuters.
