Business News page: 1

US labour board says Activision Blizzard illegally threatened staff

Games Industry | 2022-05-24, 10:18

National Labor Relations Board determines publisher also restricted workers' rights with social media policy ...

8 companies, JICA establish association for foreign workers

Asahi News | 2022-05-24, 10:18

Eight major companies on May 23 jointly started a project to support foreign workers and dig out the hidden problems they may face in Japan. The Japan International Cooperation Agency (JICA), local governments and labor unions were also involved in

Bank holidays June 2022: This month will have least number of holidays, check out important dates

Zeenews | 2022-05-24, 10:18

The Reserve Bank of India (RBI) has mentioned some days when the banking operations will remain closed in the month of June 2022, although online banking activities will continue to work. ...

Brazil picks 2nd new Petrobras CEO in 2 months as Bolsonaro bids to influence fuel prices

Reuters | 2022-05-24, 10:18

SAO PAULO, May 23 (Reuters) - Senior Brazilian economy ministry official Caio Mario Paes de Andrade will be the next chief executive of state-run oil company Petrobras, the government said on Monday, replacing a predecessor who served less than two months in

Beijing reports 41 new symptomatic COVID cases, 7 asymptomatic cases for May 23

Reuters | 2022-05-24, 10:18

SHANGHAI, May 24 (Reuters) - China's capital Beijing recorded 41 new

Siemens Energy cuts management layers, revamps segment reporting

Reuters | 2022-05-24, 10:18

FRANKFURT, May 24 (Reuters) - Siemens Energy (ENR1n.DE) on Tuesday said it would reduce management posts by about a third and provide investors with more detail of its business in a bid to become more transparent and nimble. The company, which on Saturday

Vietnam EV maker VinFast to shift HQ to Singapore ahead of IPO, first exports

Reuters | 2022-05-24, 10:18

May 24 (Reuters) - Vietnam's VinFast is shifting its headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a public listing and the first production run of cars for U.S. and European markets, its chief executive told Reuters.

Israel's Elbit Systems Q1 profit dips, revenue up

Reuters | 2022-05-24, 10:18

May 24 (Reuters) - Israeli defence electronics firm Elbit Systems (ESLT.TA) on Tuesday reported lower first-quarter profit, attributing the drop to stock price-linked compensation plans, while revenue rose. The company earned

SocGen will name new CEO by autumn, chairman tells paper

Reuters | 2022-05-24, 10:18

MILAN, May 24 (Reuters) - French lender Societe Generale (SOGN.PA) will name its new chief executive by autumn,

Drugmaker Hikma's CEO Olafsson to step down

Reuters | 2022-05-24, 10:18

May 24 (Reuters) - Hikma Pharmaceuticals (HIK.L) said on Tuesday that Chief Executive Officer Sigurdur Olafsson would step down in late June to pursue other opportunities

Israel's Bezeq Telecom Q1 profit, revenue up

Reuters | 2022-05-24, 10:18

JERUSALEM, May 24 (Reuters) - Bezeq Israel Telecom (BEZQ.TA) reported a rise in net profit for the first

KPMG fined 3.3 mln pounds over Rolls-Royce audit

Reuters | 2022-05-24, 10:18

LONDON, May 24 (Reuters) - Britain's accounting watchdog said on Tuesday it has fined KPMG 3.3 million pounds ($4.16 million) over the company's audit of aero engine maker Rolls-Royce (RR.L) more than a decade ago. The fine relates to payments made

Euro zone business growth slowed in May but stayed resilient -PMI

Reuters | 2022-05-24, 10:18

LONDON, May 24 (Reuters) - Euro zone business growth slowed this month but stayed strong as the cost of living crisis put a dent in consumer spending power while a shortage of raw materials held back expansion in manufacturing, a preliminary survey showed on

Taliban to sign pact with UAE on running Afghan airports

Reuters | 2022-05-24, 10:18

KABUL, May 24 (Reuters) - The Taliban will sign an agreement with the United Arab Emirates (UAE) on operating airports in Afghanistan, the group's acting deputy prime minister said on Tuesday, after months of talks with the UAE, Turkey and Qatar. Mullah

Davos booster for $18 billion fund to fight AIDS, tuberculosis and malaria

Reuters | 2022-05-24, 10:18

DAVOS, Switzerland, May 24 (Reuters) - A global health fund has raised a third of the $18 billion it says is needed to reverse setbacks caused by the coronavirus pandemic and combat AIDS, malaria and tuberculosis. The Global Fund to Fight AIDS, Tuberculosis

WHO says monkeypox containable, convening research meeting to support member states

Reuters | 2022-05-24, 10:18

LONDON, May 24 (Reuters) - There have been 131 confirmed monkeypox cases and 106 further suspected cases

Davos climate focus: Can 'going green' mean oil and gas?

ABC News | 2022-05-24, 10:15

Government and corporate leaders at the World Economic Forum are debating whether oil and gas companies can or should be part of the future transition to renewable energies such as wind and solar ...

Turkish lira nosedives to lowest since 2021 currency crises

Gulf News | 2022-05-24, 10:12

Istanbul: The Turkish lira weakened to a five-month low against the US dollar as monetary policy remains far too loose to curb the fastest pace of inflation in 20 years. The lira slipped as much as 0.7 per cent to 16.04 per dollar

The Daily Dose, May 24, 2022

Business Line | 2022-05-24, 10:11

# No traction: With no demand for its three-dose needle-free Covid vaccine ZyCoV-D in the government vaccination drive, Zydus Lifesciences Limited is now exploring export prospects and sale through private market in the country. Zydus sees no significant

Watch | Quad Summit 2022: PM Modi speaks at meet in Tokyo

Business Line | 2022-05-24, 10:11

Quad has made an important place for itself

Zee bags media rights for UAE T20 league globally

Business Line | 2022-05-24, 10:11

Zee has bagged global media rights contract with UAE T20 cricketing league. UAE’s T20 League today announced the signing of a long-term global media rights’ contract with Zee. The league will air exclusively on Zee’s linear channels as well as its OTT platform

BL Explainer: Monkey pox

Business Line | 2022-05-24, 10:11

What is Monkeypox and has it surfaced in India? Monkeypox is not a new virus, and is part of the small pox family. Caused by the monkeypox virus, it is known to jump species (zoonotic), from animals to humans. This usually happens when people are in close

New Australian PM Promises ‘Ambitious Action’ on Climate Change

The Epoch Times | 2022-05-24, 10:09

Freshly minted Australian Prime Minister Anthony Albanese is pledging an ambitious climate change agenda

Airbnb cuts all listings in China amid fierce competition

Deutsche Welle | 2022-05-24, 10:09

The US-based property rental service Airbnb has joined companies like Yahoo, LinkedIn and eBay in drastically cutting its China operations. Chinese residents will still be able to make bookings abroad. ...

Inflation and higher taxes hit real wages in Ireland - OECD

The Irish Times | 2022-05-24, 10:07

Real wages, allowing for the impact of inflation, fell in Ireland in 2021 but tax on that income increased, according to a new report from the OECD. The Taxing Wages report examines the impact of tax on labour costs across the 38 member states of the OECD. The

Economic Watch: Towards a beautiful countryside, China charts roadmap for rural construction

Xinhua | 2022-05-24, 10:03

BEIJING, May 24 (Xinhua) -- A strong agricultural industry, beautiful countryside and well-off farmers -- this is rural China described when speaking about the goal of the country's rural revitalization strategy for the upcoming decades. What will China's


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