White House economic adviser Larry Kudlow told reporters such a move would be a better option than a ban on the app, which was threatened by State Department Secretary Mike Pompeo against the company earlier this month. White House economic adviser Larry Kudlow told reporters such a move would be […]
Business
AMMAN: Jordan said on Thursday (Jul 16) it will partially resume commercial flights from August to a limited number of European and Asian countries on an internationally approved safe list. Government spokesman Amjad Adailah told state-owned Al Mamlaka TV that regular commercial flights from Alia international airport, suspended since March, […]
LONDON: British Business Secretary Alok Sharma said that it was going to be difficult for lots of people when asked about future potential job losses in the country. “I completely accept that it is going to be very, very difficult for lots of people,” he told BBC Radio on Thursday […]
WASHINGTON: Despite some signs of recovery, the global economy faces continued challenges, including the possibility of a second wave of COVID-19, and governments should keep their support programs in place, the International Monetary Fund (IMF) chief Kristalina Georgieva said on Thursday (Jul 16). Activity “has started to gradually strengthen … […]
Tesla Inc’s vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data. REUTERS: Tesla Inc’s vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to […]
SAN FRANCISCO: The extraordinary hacking spree that hit Twitter on Wednesday (Jul 15), leading it to briefly muzzle some of its most widely followed accounts, is drawing questions about the platform’s security and resilience in the run-up to the US presidential election. Twitter said late on Wednesday hackers obtained control […]
A group of the world’s top oil companies including Saudi Aramco, China’s CNPC and Exxon Mobil have for the first time set targets to cut their combined greenhouse gas emissions as a proportion of production, as pressure on the sector’s climate stance grows. FILE PHOTO: An Exxon sign is seen […]
SYDNEY: Australia’s unemployment rate in June climbed to the highest in 22 years as workers re-entering the workforce were unable to find jobs, official data showed on Thursday (Jul 16). The unemployment rate shot up to 7.4 per cent in June, from 7.1 per cent in May, and the highest […]
SINGAPORE: The Monetary Authority of Singapore (MAS) said on Thursday (Jul 16) that net profit in its last financial year fell 44.8 per cent, after investment income took a hit from sharp declines in the global markets. Net profit for the year ended Mar 31 came in at S$10.6 billion, […]
SINGAPORE: OCBC customers can now use their SingPass to log in to their accounts with the bank, the lender said on Thursday (Jul 16). This comes after OCBC rolled out the use of SingPass Mobile app on Jul 4 as an alternative login to access its digital bank services. The […]