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NEW YORK: In the span of a few hours on Friday, Amazon.com Inc banned and then unbanned the TikTok video sharing app from employee mobile devices, calling the move a mistake
ONE of the jokes that made the rounds back in March was a multiple-choice question asking, who’s the leading force in workplace digital transformation? The punchline was that it was neither the CEO or the CTO, but a third ‘C’ – Covid-19.
WHEN the stock market gets red hot, the urge to have news of what companies are doing to improve their business is desired.
Hit hard by the pandemic, service industries in Asia-Pacific countries explore novel models for survival under the ‘new normal’
CHINA bashing has become a bipartisan passion in the West, especially the United States. Whenever Trump is put in a corner, his tactic is to blame China! The latest being his wish to distract from his Administration’s failure to contain the disease, Covid-19 – such that America, despite having had months to prepare for it, now has the most Covid-19 cases and deaths in the world – far, far more than China.
REVIEW: Concerns over a growing health crisis in the world’s largest economy is largely being offset by expectations that markets will be awash with liquidity as major central banks pull out all the stops in reinvigorating the global economy.
LONDON: World stocks and oil prices were faltering on Friday as record-setting new coronavirus cases in several U.S. states led to worries that more lockdowns may be necessary, making a quick economic recovery unlikely.
CHINA acted to cool the speculative frenzy in its US$9.5 trillion stock market, snapping a euphoric eight-day surge that had fueled worries of a new equity bubble in the making.
SHANGHAI: Mainland China shares fell on Friday for the first time since June 29 on signs of renewed US-China tensions and after the country's state funds announced stake cuts in companies, a move that comes following a torrid bull run in the stock market.
NEW YORK: Asian shares were set to open mostly lower on Friday as record-breaking new coronavirus cases and deaths in several U.S. states stoked concerns that new lockdowns could derail the economic recovery, and investors looked forward to earnings season