MELBOURNE: Melbourne’s shops, restaurants and hotels opened for business on Wednesday (Oct 28) after a four-month coronavirus lockdown, with happy customers enjoying alfresco eating in the spring sunshine and shopkeepers hoping for big sales to make up for lost revenue. The state of Victoria and its capital Melbourne, Australia’s second […]
Business
SINGAPORE: A new task force has been set up to help vulnerable professionals, managers and executives (PMEs), particularly those who are aged 40 to 60. This was announced by the National Trades Union Congress (NTUC) and the Singapore National Employers’ Federation (SNEF) on Tuesday (Oct 27), and comes two months […]
SINGAPORE: More than 2,100 job, attachment and training opportunities in the logistics sector were made available under the SGUnited jobs and skills programme between April and September, with the majority of them in non-professional roles, said the Ministry of Manpower (MOM) in its latest jobs situation report on Monday (Oct […]
MANILA: Philippine President Rodrigo Duterte said on Tuesday (Oct 27) that he prefers a government-to-government deal for the purchase of COVID-19 vaccines to prevent the risk of corruption, adding that Manila would not beg other nations for access to vaccines. The Philippines, with its more than 108 million people and […]
SHANGHAI: China’s Huawei Technologies Co Ltd reported a 9.9 per cent rise in nine-month revenue on Friday, as US export restrictions and the global COVID-19 pandemic weakened sales growth in products such as smartphones and telecoms equipment. Revenue reached 671.3 billion yuan (US$100.44 billion) over January-September, it said in a […]
WASHINGTON: Government analysts and private sector investigators were able to rapidly attribute to Iranian hackers a wave of thousands of threatening emails aimed at US voters because of mistakes made in a video attached to some of the messages, according to four people familiar with the matter. Those failures provided […]
SINGAPORE: The number of Housing and Development Board (HDB) flats sold in the resale market in the third quarter rose by 127.3 per cent after the lifting of Singapore’s “circuit breaker” in June. Official figures released on Friday (Oct 23) showed that 7,787 flats were sold from July to September […]
WASHINGTON: Goldman Sachs on Thursday (Oct 22) said it was clawing back US$174 million in executive compensation and had agreed to pay US$2.9 billion over its role in Malaysia’s 1MDB corruption scandal, lifting a cloud that has hung over the bank for years. The settlement with the US Department of […]
NEW YORK: Intel on Thursday (Oct 22) missed third-quarter revenue estimates for its data-centre chip unit as the COVID-19 pandemic crippled sales to government and business customers, sending its shares down 10 per cent. Revenue from Intel’s data-centre business fell 7 per cent to US$5.9 billion in the reported quarter, […]
NEW YORK: US companies’ borrowings for capital investments fell about 13 per cent in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday (Oct 22). The companies signed up for US$8.7 billion in new loans, leases and lines of credit last month, down from […]