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SINGAPORE: A day after the National Wages Council issued fresh guidelines on pay, tripartite partners followed up with an updated framework for retrenchments signalling that the job situation ahead remains grim.
HOW’S this for a first world problem? Since the start of the Covid-19 pandemic in Australia, my household has been finding it unexpectedly difficult to spend all of our wages. Perhaps it shouldn’t be so surprising.
MUMBAI: Investors are piling into multiplex operators’ stocks in India despite the box office window being shut for four months, hoping that cost cuts and sufficient liquidity will aid the companies to ride through the disruption.
SOFT power means a lot to a country like Britain, which will soon have to live off its wits outside the European Union, even as it discovers that favourable trade deals are as hard to find as Lewis Carroll’s Snark.
LONDON: Cineplex Inc said it adopted a shareholder rights plan, popularly known as a “poison pill”, nearly a week after Britain’s Cineworld Group Plc abandoned its US$1.65bil deal to buy the Canadian theatre chain.
PETALING JAYA: As in the Klang Valley, retail mall space has risen considerably in Johor. There were five new malls in 2019, according to press reports
NEW YORK/LONDON: Bars, restaurants, theatres and cinemas were shutting down in New York, Los Angeles and other global cities to combat the coronavirus pandemic as countries tightened borders and central banks acted aggressively to cushion the economic impact.
SYDNEY: Crown Resorts Ltd billionaire James Packer has endured blow upon blow for more than three years: a bruising clash with Chinese authorities and at least two aborted deals with suitors.
NEW YORK: Wall Street is betting that the most popular US technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little room for error this earnings season.