SINGAPORE (BLOOMBERG) – SIX Digital Exchange and SBI Digital Asset Holdings plan to create an exchange for digital assets that’s based in Singapore and will start operation by 2022. The plan, which is subject to regulatory approval from the Monetary Authority of Singapore, sees formalised Singapore operations next year, with the goal of launching active […]
SINGAPORE (BLOOMBERG) – SIX Digital Exchange and SBI Digital Asset Holdings plan to create an exchange for digital assets that’s based in Singapore and will start operation by 2022. The plan, which is subject to regulatory approval from the Monetary Authority of Singapore, sees formalised Singapore operations next year, with the goal of launching active […]
Liability protection for employers remains a stubborn obstacle to an ongoing effort to reach a new stimulus deal before year-end, with Republicans calling it their “red line” and Democrats insisting it’s a “poison pill.” The provision would protect businesses, educational institutions, and other employers from coronavirus-related claims from workers who get sick while also regularly […]
MSNBC named Rashida Jones, one of its most senior editorial executives, as the new president of the network Monday, the first change in leadership at the 24-hour cable channel since 2008. Ms. Jones, who will become the highest-ranking Black woman in the television news industry, will assume the role on Feb. 1, the network said. […]
NEW YORK (Reuters) – The Nasdaq closed at a record high on Monday after investors moved into mega-cap growth stocks even as a new round of COVID-19 restrictions underscored the continuing economic impact of the pandemic on the United States.FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough […]
FILE PHOTO: A customer enters a JC Penney Co store in Westminster, Colorado, U.S. August 14, 2008. REUTERS/Rick Wilking/File Photo(Reuters) – J.C. Penney Co Inc said on Monday its retail and operating assets would exit Chapter 11 as two of its biggest landlords, Simon Property Group and Brookfield Asset Management Inc, have acquired nearly all […]
The U.S. National Labor Relations Board has filed a complaint against Google and its parent company Alphabet, accusing the tech juggernaut of violating labor laws. The company was allegedly “interfering with, restraining, and coercing employees in the exercise of their rights guaranteed in Section 7 of the Act,” according to the complaint filed Tuesday. Specifically, […]
LONDON (Reuters) – Hedge fund managers were substantial buyers of petroleum futures and options last week for the fourth week in a row, a sign of increasing confidence coronavirus vaccines will drive a recovery in oil consumption next year.FILE PHOTO: Oilfield equipment is parked at a Basic Energy Services site, as oil and gas activity […]
SINGAPORE – AXA Insurance is planning to exit AXA Tower, with the iconic building set to be redeveloped. The move comes amid the Covid-19 pandemic, which has pushed more companies to rethink their use of office space and work place strategy. Please subscribe or log in to continue reading the full article. Get unlimited access […]
Walter E. Williams, a prominent conservative economist, author and political commentator who expressed profoundly skeptical views of government efforts to aid his fellow African-Americans and other minority groups, died on Tuesday on the campus of George Mason University in Virginia, where he had taught for 40 years. He was 84. His daughter, Devon Williams, said […]