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Business 04 Mar 2021 | 7:00 AM

Exxon Mobil to cut jobs in Singapore as Big Oil retrenches

SINGAPORE: Exxon Mobil Corp expects to cut about 300 jobs in the Asian oil-trading hub of Singapore by the end of 2021, part of a global retrenchment that was announced last year.

Business 12 Apr 2019 | 12:00 AM

Beijing pension system likely to dry up by 2035

BEIJING: The pension system providing the widest coverage to China’s retirees may burn through its savings by 2035 as the world’s largest population ages, according to forecasts by a leading government think tank.

Business 12 Mar 2019 | 12:00 AM

Europe’s growth engine Germany sputters

BERLIN: The command center at the Otto Junker GmbH metals plant stands in sharp contrast to the noisy and smelly factory floor, where until just a few weeks ago workers operated various machines individually.