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BRUSSELS (Reuters) - The European Commission proposed on Wednesday standards for setting adequate minimum wages across the 27-nation bloc to reduce wage inequality and in-work poverty, increase incentives to work and help sustain domestic demand as the economy shrinks.
Chinese Tesla rival Xpeng steers clear of robotaxis, says self-driving trucks more likely to succeed
It is difficult for self-driving systems to replace human drivers, especially in densely populated cities, Xpeng’s head of autonomous driving says. Self-driving long-haul trucks and robots handling last-mile deliveries are more likely to be successfully automated, according to Xinzhou Wu.
SINGAPORE (Xinhua): The Energy Market Authority (EMA) of Singapore and the Energy Commission of Malaysia (ST) signed a Memorandum of Understanding (MoU) Wednesday (Oct 28) to strengthen bilateral cooperation in the energy sector.
BEIJING (Reuters): China is targeting the launch of a nationwide emissions trading scheme during the period from 2021 to 2025, its top climate official said on Wednesday (Oct 28), signalling another delay for the long-awaited carbon trading platform.
KOTA KINABALU: Sabah has approved a RM160mil Bantuan Prihatin Covid-19 fund to help all levels of society hit hard by the pandemic, says Datuk Seri Hajiji Noor.
BEIJING/SHANGHAI: Hong Kong shares ended lower on Wednesday, tracking the weak lead of global markets, as sentiment took a hit with the resurgence of COVID-19 cases in the United States and Europe.
BERLIN (Reuters) - Chancellor Angela Merkel will press regional leaders on Wednesday to agree to a partial lockdown in Germany which would see restaurants and bars closed but keep schools open, a draft document seen by Reuters said.
BEIJING (China Daily/ANN): The Covid-19 pandemic has prompted the digital transformation and innovation in China's healthcare industry, experts said.
SINGAPORE (The Straits Times/ANN): The road to recovery for the labour market is likely to be slow and uneven, with resident unemployment rates taking a longer time to reach pre-crisis levels compared with during the global financial crisis, said the Monetary Authority of Singapore (MAS).
BEIJING (Xinhua): Profits of China's major industrial firms maintained an upward momentum in September as production demands have gradually warmed up amid solid efforts to contain Covid-19 and bolster economic development, official data showed Tuesday (Oct 27).