WASHINGTON: The number of Americans filing new claims for unemployment benefits fell below 1 million last week for the second time since the COVID-19 pandemic started in the United States, but that does not signal a strong recovery in the labour market. The drop in initial claims to a five-month […]
Business
File photo of a Maersk Line container ship. COPENHAGEN: Shipping group Maersk will cut job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows. Maersk, which handles about one in five containers shipped worldwide, has been under pressure from investors to speed its […]
FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. SYDNEY: Facebook said on Monday (Aug 31) that it would block news publishers and people in Australia from sharing news on Facebook and Instagram if a proposal to force the US tech […]
ROME: All of the migrants on board a rescue ship funded by British street artist Banksy have been transferred to other vessels, the team behind the mission said after their pink-and-white ship carrying more than 200 passengers sent an urgent call for help. An Italian patrol vessel rushed to the […]
ROME: All of the migrants on board a rescue ship funded by British street artist Banksy have been transferred to other vessels, the team behind the mission said after their pink-and-white ship carrying more than 200 passengers sent an urgent call for help. An Italian patrol vessel rushed to the […]
Beyond Meat Inc on Thursday launched a new website to sell its plant-based meat products to U.S. customers, just nearly three months after rival Impossible Foods started its direct-to-consumer sales. REUTERS: Beyond Meat Inc on Thursday launched a new website to sell its plant-based meat products to U.S. customers, just […]
The number of Americans filing new claims for unemployment benefits hovered around 1 million last week, suggesting the labor market recovery was stalling as the COVID-19 pandemic drags on and financial aid from the government dries up. WASHINGTON: The number of Americans filing new claims for unemployment benefits hovered around […]
Veoneer will cooperate with Qualcomm Technologies on developing software for its driver assistance systems, the auto technology firm said on Thursday, sending its shares sharply higher. STOCKHOLM: Veoneer will cooperate with Qualcomm Technologies on developing software for its driver assistance systems, the auto technology firm said on Thursday, sending its […]
HONG KONG: A top Hong Kong media executive said on Thursday (Aug 27) that HSBC had frozen his account after he and others from his newspaper were arrested under a new national security law Beijing imposed on the city. Cheung Kim-hung, chief executive officer of Next Digital, told the group’s […]
REUTERS: Epic Games launched the new season of hit video game “Fortnite” on Thursday, pitting Marvel super heroes against Fantastic Four-villain Galactus in the first update to exclude iPhone and iPad users due to a legal fight with Apple Inc . Many users took to Twitter to complain about missing […]