Man GLG, the discretionary investment arm of asset manager Man Group , has hired Andrew Swan from rival BlackRock to lead its Asia ex-Japan equities business, it said on Thursday.
Millions more Americans likely sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak.
Alphabet Inc's Google will slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai told the company's staff in a memo on Wednesday.
Smartphone software makers Alphabet's Google and Apple will have to convince the public that any contact tracing technology to track who has been exposed to the new coronavirus will not lead to a violation of their privacy, Senator Richard Blumenthal said on Wednesday.
SINGAPORE: The “very high” commission fees charged by food delivery platforms are eating into the already-thin profits of food and beverage (F&B) businesses, said an industry group as it called for these fees to be cut during the COVID-19 pandemic and in the longer run. The Restaurant Association ......
United Airlines Holdings Inc told employees on Wednesday that it has cut its flight schedule by 90per cent in May and possibly June, and to prepare for a smaller airline and workforce starting as early as Oct. 1.
Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse in U.S. economic activity caused by the novel coronavirus pandemic.
Royal Caribbean Cruises Ltd said on Wednesday it would lay off or furlough about 26per cent of its workforce in the United States, affecting nearly 1,300 of its more than 5,000 employees in the country, as the coronavirus chokes international travel.
TOKYO: Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an "unprecedented" toll on the region's service sector and major export destinations, the International Monetary Fund said on Thursday (Apr 16). Policymakers must offer ...
