REUTERS: Volkswagen AG said it will furlough workers at its U.S. assembly plant in Tennessee starting on Apr 11 as the industry grapples with the ongoing coronavirus pandemic. The German automaker said the temporary emergency furloughs for its production and maintenance workforce are expected to ...
WASHINGTON: The top departments of the US government have endorsed cutting off Beijing-controlled China Telecom from serving the US market because of legal and security risks, the Justice Department announced on Thursday (Apr 9). The departments, including Defense, State, and Homeland Security ...
LOS ANGELES: Casino workers in Las Vegas voiced anger on Thursday (Apr 9) at being abandoned by their billionaire employers as the gambling mecca becomes a "ghost town" due to coronavirus. Tens of thousands employed on the city's world-famous Strip of glitzy hotels and high-stakes betting lost ...
THE Association of Banks in Singapore (ABS) will give away a total of S$500,000 in rewards to small businesses that sign up for PayNow, in a drive to encourage greater use of digital payments to minimise community spread of Covid-19.
THE Association of Banks in Singapore (ABS) will give away a total of S$500,000 in rewards to small businesses that sign up for PayNow, in a drive to encourage greater use of digital payments to minimise community spread of Covid-19.
WASHINGTON: The global coronavirus pandemic has inflicted an economic crisis unlike any in the past century and will require a massive response to ensure recovery, IMF chief Kristalina Georgieva said on Thursday (Apr 9). The warnings about the damage inflicted by the virus already were stark, but ...
NEW YORK: Wall Street stocks rose on Thursday (Apr 9) after the Federal Reserve unveiled massive new stimulus that offset news of another huge spike in jobless claims. The Dow Jones Industrial Average finished up 285.80 points (1.22 per cent) at 23,719.37. The broad-based S&P 500 advanced 39.84 ...
BlackRock Inc , the world's largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 8.4per cent in 2019, a second straight year of decline, according to a filing on Thursday.
General Motors Co plans to keep its Brazilian factories shut down for at least 60 more days, the company said on Thursday, as the final batch of unionized workers voted on the automaker's proposal.
Facebook Inc sued a Bangkok-based Indian man on Thursday for developing and marketing a software to bypass the social network's advertising review process and deliver prohibited ads to users.
