SINGAPORE: National carrier Singapore Airlines (SIA) has implemented a hiring freeze on ground positions and taken other measures to cut costs, in light of the impact of the COVID-19 outbreak on the aviation industry. In a response to a CNA query on Tuesday (Feb 25), an SIA spokesperson confirmed ...
ZURICH: The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland's regulator FINMA said on Tuesday. The assessment follows a review of the recovery and resolution plans for the country's big banks which FINMA ordered to be submitted by the end of...
JPMorgan Chase & Co executives are unlikely to provide new financial targets at the bank's annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.
WASHINGTON: Online travel giant Expedia will cut 3,000 jobs worldwide after what the company called a "disappointing" performance in 2019, US media reported Monday (Feb 24). "We are announcing our intent to reduce and eliminate certain projects, activities, teams and roles to streamline and focus ...
China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business.
China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business.
Asian share markets found some stability on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce, allowing investors to take a breather from coronavirus fears.
Asian markets were mixed Tuesday as bargain-buying after the previous day's bloodbath tempered fears that the coronavirus will develop into a pandemic and hammer the global economy.
HOSPITALITY player Park Hotel Group has secured a S$237 million green loan from United Overseas Bank (UOB) to refinance Grand Park City Hall, a hotel it owns and manages.
HOSPITALITY player Park Hotel Group has secured a S$237 million green loan from United Overseas Bank (UOB) to refinance the refurbishment of Grand Park City Hall, a hotel it owns and manages.
