Tuesday, 26 Nov 2024

Business

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Delays, More Masks and Mandatory Shots: Virus Surge Disrupts Office-Return Plans

Several hospital systems that previously held off making vaccines mandatory for health care workers are now willing to do so. Google employees in California who have returned to the office on a voluntary basis are again wearing masks indoors. Goldman Sachs is considering whether to reinstitute testing for fully vaccinated employees in the company’s New […]

Businesses welcome wage support, other measures in $1.1b Covid-19 relief package

SINGAPORE – The additional wage support during this period of tightened measures is a much-needed relief for firms, said business and trade associations. Businesses welcomed the $1.1 billion Covid-19 support package announced by the Ministry of Finance on Friday (July 23), which comes as Singapore steps up Covid-19 restrictions to stem infections in the community. […]

COVID-19: UK economic rebound slows sharply as pingdemic takes toll

The UK’s economic bounce-back has slowed sharply partly thanks to the impact of the “pingdemic” causing workers to isolate, according to a key business survey. A “flash” estimate of private sector activity for July showed the weakest expansion since March as Britain’s firms battle to recover from the coronavirus crisis. The reading of 57.7 – […]

Marketmind: Lower forever for 'Generation T'?

A look at the day ahead from Julien Ponthus.FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph OrlowskiIt’s now most likely those born in the euro zone in 2011 won’t get to see an interest rate hike until their teens (imagine the FOMO!). Indeed, the European Central Bank said […]

Ganni Unfurls New Store in Williamsburg, Brooklyn

Ganni, the Copenhagen-based brand, is expanding its presence into Williamsburg, Brooklyn. The brand, owned and run by the husband-and-wife team of creative director Ditte Reffstrup and founder Nicolaj Reffstrup, will open a 900-square-foot store at 113 North 7th Street in Williamsburg today — its sixth U.S. store and second New York City outpost. It opened […]

Australia's Star scraps $9 billion bid for Crown Resorts

SYDNEY (REUTERS) – Star Entertainment Group said it has withdrawn its all-stock proposed takeover of larger rival Crown Resorts, valued at A$9 billion (S$9 billion), on Friday (July 23) over worries Crown may lose its licence to run its Melbourne casino. Australia’s No.2 casino operator said it still believes in the benefits of a deal, […]

Wall Street ekes out gains, led by tech, growth stocks

NEW YORK (Reuters) – Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in […]

Wall Street ends higher, boosted by tech, growth stocks

NEW YORK (Reuters) – Big tech pushed Wall Street to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings sent investors back to growth stocks.FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, […]

Sparking Inclusivity in Fashion

When Camera Nazionale Della Moda Italiana (CNMI), Italy’s fashion governing body, first announced its commitment to promote inclusivity and diversity in 2018 within fashion in 2018 the company started with education. Published in 2019, CNMI’s Inclusion and Diversity Manifesto highlighted the path forward for Italian companies including inclusivity strategies that took into consideration ethnicity, age, […]

Wall Street mixed after higher jobless claims chill risk-taking

NEW YORK (Reuters) – U.S. markets were mixed on Thursday as a report showed jobless claims increased last week while the country still reckons with the economic impact of the COVID-19 pandemic, and yields on safe-haven assets as U.S. Treasuries were little changed.FILE PHOTO: People are seen on Wall Street outside the New York Stock […]