WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co (BA.N) $1.25 million after the agency alleged Boeing managers at its South
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Fed policymakers say pickup in infections slowing U.S. economic recovery
NEW YORK (Reuters) – A resurgence in coronavirus cases is slowing the economic recovery and the disease will continue to weigh on the U.S. economy and American life until at
U.S. private payrolls miss expectations in July
WASHINGTON (Reuters) – U.S. private payrolls growth slowed sharply in July, pointing to a loss of momentum in the labor market and overall economic recovery as new COVID-19 infections spread
New Ford CEO Farley eyes expansion into tech fields
(Reuters) – Ford Motor Co’s incoming Chief Executive Jim Farley said on Tuesday he wants to expand the automaker’s operations into related technology fields, including software, fleet management and electric
Citibank names Singapore retail banking head, carves new role for retail high-net-worth clients
SINGAPORE (THE BUSINESS TIMES) – Citi has made two internal senior retail banking appointments in Asia-Pacific that are based in Singapore, including a newly created role with oversight of the
Earnings, Microsoft boost Wall St. as investors await stimulus
(Reuters) – Wall Street’s main indexes rose on Monday as Microsoft’s pursuit of TikTok’s U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of
With loan money gone, restaurants are at mercy of coronavirus – The Denver Post
NEW YORK — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets. Government covronavirus loans in the spring helped eating establishments rehire
ByteDance says preliminary talks with a tech firm over TikTok have started: staff letter
BEIJING/SHANGHAI (Reuters) – TikTok owner ByteDance said on Monday that the company had initiated preliminary talks with a tech company to help it continue offering the short video app in
UOB launches training programme for its finance staff
United Overseas Bank (UOB) has launched a three-month programme for its finance employees to equip them with soft and technical skills to advance in their careers. Dubbed the UOB Finance
SocGen shuts Singapore trade commodity desk after Hin Leong hit
SINGAPORE (BLOOMBERG) – Societe Generale is closing its trade commodity finance unit in Singapore after the collapse of Hin Leong Trading prompted the bank to halt fresh funding to such