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Wages rise in U.S. as companies scramble for staff

An acute labor crunch amid the coronavirus pandemic is boosting U.S. wages, with many large...

Samsung Bets on New Foldable Phones to Shore up Market Share

Samsung on Wednesday unveiled the Galaxy Z Fold and Z Flip 3 phones on Wednesday...

Fewer Mom-and-Pop Stores Can Afford Any Staff

The number of small businesses that employ workers other than the owner has been dwindling...

Egypt’s inflation rate hits 7-month high on the back of price hikes

Egypt’s annual inflation rate reached a seven-month high, the state-run statistics agency Capmas said on...

The Debt Panel: 'How can I keep up with my debt payments on a reduced salary?'

My salary was reduced by 30 per cent last year because of the Covid-19 pandemic....

Canadian Michael Spavor jailed for 11 years in China on spying charges

A Chinese court on Wednesday (Aug 11) jailed Canadian businessman Michael Spavor for 11 years...

SoftBank profit declines following Sprint perk a year ago

Japanese technology company SoftBank’s fiscal first quarter earnings dropped 39% because of the absence of...

Nissan plant in Tennessee to close for 2 weeks due to chip shortage

Nissan says its huge factory in Smyrna, Tennessee, will close for two weeks starting Monday...

Hanwha Solutions to Buy French Renewable Energy Company

Hanwha Solutions will acquire a French renewable energy company to expand its business amid the...

China Telecom eyes $8.4 bil Shanghai IPO, world's biggest, in 2021

China Telecom could raise more than $8 billion in a Shanghai initial public offering that...

Weary U.S. businesses confront new round of mask mandates

Businesses large and small, from McDonald’s and Home Depot to local yoga studios, are reinstituting...

New lockdown in Metro Manila seen to cause nearly $3 billion in economic damage per week

The economic outlook for the Philippines ’ capital region has become even more gloomy after...

India top court says antitrust probe of Amazon, Walmart’s Flipkart should continue

India's Supreme Court on Monday said an antitrust investigation into business practices of Amazon.com Inc...

Bitcoin and Ether hit two-month high

Bitcoin and Ether have reached their highest levels in more than two months after a...

Global supply snags could mean fewer toys under the Christmas tree

It's always "better to shop a little early" for the holidays, but this year, says...

United Airlines will require U.S. employees to be vaccinated

United Airlines will require employees in the U.S. to be vaccinated against COVID-19 by late...