Singapore Airlines To Cut 4,300 Jobs In Response To Pandemic Crisis, As Demand Plummets
SIA is state-controlled and received a huge bailout in March
Caste Prejudice: A New Kind Of Employment Discrimination Emerges As South Asians Conquer Silicon Valley
Tens of thousands of Indians work in California’s Silicon Valley, most of them are from upper castes.
UK Prime Minister Johnson Condemned Over Attempts To Rewrite Parts Of EU Withdrawal Agreement
Johnson has been criticized by both EU officials and members of his own Conservative Party in U.K.
US Companies Vow To Stay In China Despite Souring Relations, Trump Threats
But U.S. firms in China fret over worsening relationships and trade troubles. according to survey by the American Chamber of Commerce.
Climate Change: Uber Vows To Use Electric Vehicles Exclusively By 2040
Uber’s fleets in U.S., Canada and Europe will be green by 2030
French Luxury Goods Firm LVMH Backs Out Of Deal To Acquire Tiffany; Tiffany Files Lawsuit
LVMH cited U.S. tariffs on French goods among factor behind decision
Stocks Tank Again As Tech-Heavy Nasdaq Leads Downward Spiral
Analysts have been warning about stretched, unsustainable valuations in equity markets
As Tesla Shares Plunge, Speculation Swirls Over Why Electric Carmaker Failed To Join S&P 500 Index
Tesla is now the most valuable automaker in the world.
Mortgage Originations, Refinancings Surged In Second Quarter Amid Low Rate Backdrop
Lenders issued $1.1 trillion in home loans in the second quarter, a record.
Is Trump’s Threat To Decouple US Economy From China Realistic?
Donald Trump has again revived the threat to separate the US economy from the world’s second largest economy
Germany Accelerates Commitment To Renewable Energy, Moves Closer To Carbon Neutrality
Germany wants 65% of its power generation to derive from renewable energy sources by 2030.
Stocks Endure Second Straight Day Of Sell-Off, Despite Strong August Jobs Report
Stocks fell again on Friday, but have partly recovered from earlier lows
Trump, Congress Reach Deal To Prevent Government Shutdown, But COVID-19 Relief Package On Hold
The White House and top Democrats remain at odds over size of next virus relief bill.
India’s Prohibition Of Chinese Apps Could Open Opportunities For US Tech Firms In Subcontinent
India has banned almost 180 Chinese apps since June, citing data security concerns
Brexit News: Chances Of UK-EU Trade Deal Diminishing As New Round Of Talks Start Monday
The U.K. and EU have until the end of the year to hammer out a complex trade agreement.
US Added 1.4 Million Jobs In August, While Unemployment Rate Fell To 8.4%
The number of unemployed people dropped by 2.8 million to 13.6 million – the fourth straight month of declines.
US Stocks Plunge, As High-Flying Nasdaq, S&P 500 Take Breather From Historic Six-Month Rally
Nasdaq led the overall market downward on Thursday, as familiar tech names dropped by as much as 5%-6%.
Some Parts Of US Enduring Housing Shortage But Residents Flee High-Priced Coastal Cities
The pandemic has created both disruptions and opportunities in the housing markets
Budget Deficit To Hit Record $3.3 Trillion In 2020, National Debt To Exceed GDP In 2021
Massive federal spending to fight the pandemic has pushed the deficit to all-time highs.
Initial Jobless Claims Fell To 881,000 Last Week, But New Methodology Muddles Picture
Lower filings data may reflect new data methodology used by Labor Department.
Tesla Stock: Shares Plunge After Largest Outside Stockholder Reduces Stake
Scottish fund manager Baillie Gifford now owns a 4.25% stake in Tesla
Apple Now Has Larger Market Cap Than UK's Entire FTSE-100 Stock Index
The tech giant has become so big that its valuation now exceeds the UK’s principal benchmark.
Swiss Regulator Launches Enforcement Action Against Credit Suisse Over Spying Allegations
The allegations led to the ouster of Credit Suisse’s former CEO Tijdane Thiam
US Job Growth Rate Projected To Slow Down This Decade, But Healthcare Sector Will Flourish
Jobs are expected to grow at an annual rate of 0.4% in the 2020s
Brexit: As Britain And EU Trade Talks Stall, Chances Of No Deal Loom Larger
If the U.K. and EU are unable to settle on a trade deal by Dec. 31, they would be forced to revert to WTO trade terms.
As Fed Keeps Buying Mortgage-Backed Securities, What Will Happen To Mortgage Rates?
The Fed has bought so many home loans it now owns about one-third of the market.
Analysts Warn AT&T Will Find It Hard To Find Buyer For Fading DirecTV Business
DirecTV has been hemorrhaging subscribers at an alarming rate
Tesla Plans $5 Billion In Share Offerings, But Some Analysts Warn Stock Is Overvalued
Tesla shares have jumped a surreal 1,000% over the past year.
Indian Economy Shrank By Record 23.9% In April-June Quarter As COVID-19 Infections Climbed
India’s economic woes have been exacerbated by a spike in COVID-19 cases
Eurozone Unemployment Creeped Up In July; Inflation Turned Negative In August
Wage subsidy schemes have kept overall jobless figures artificially modest
