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Corporate News 12 Mar 2019 | 12:13 AM Premium

Google agreed to pay US$135m to two executives accused of sexual harassment

The disclosure of payments to Andy Rubin and Amit Singhal came in a civil shareholder lawsuit

Corporate News 13 Dec 2018 | 11:08 PM Premium

Huawei US$2bil security pledge followed walkout by British official

LONDON: Huawei's relations with British authorities hit a low last month when a top official walked out of a meeting with the Chinese company over its perceived failure to fix security holes in its products, sources familiar with the talks told Reuters.

Business 11 Aug 2018 | 12:00 AM Premium

Ryanair’s strike costs mount with biggest walkout

Disruption set to hit a new peak with at least 400 flights lost

Corporate News 30 Apr 2018 | 11:10 AM Premium

Majority shareholders of Med-Bumikar approve UMW takeover

KUALA LUMPUR: The majority of shareholders of Med-Bumikar Mara Sdn Bhd have voted in favour to sell its 50.07% stake in listed auto group MBM Resources Bhd (MBMR) to UMW Holdings Bhd.

Business 11 Jan 2016 | 12:00 AM Premium

Lufthansa forecasts 2016 earnings growth as fuel costs decline

FRANKFURT: Deutsche Lufthansa AG is forecasting that operating profit will rise in 2016 as fuel costs decline a fourth consecutive year.

Business 25 Sep 2014 | 6:55 AM Premium

Air France withdraws low-cost Europe airline plan

PARIS: Air France-KLM offered on Wednesday to withdraw plans to expand the low-cost operations of its Transavia brand in an effort to end a costly strike by French pilots opposed to the project.

Business 06 Sep 2014 | 6:40 AM Premium

U.S. job growth brakes to eight-month low, labor force shrinks

WASHINGTON: U.S. employers hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates.

Business 20 Sep 2013 | 12:00 AM Premium

Amazon workers go on strike in Germany

BERLIN: Several hundred employees of the online retail giant Amazon went on strike in Germany in a planned three-day walkout over pay, unions said.