Maersk to cut jobs in major reorganisation
Maersk (MAERSKb.CO) will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to integrate its
Category: Business
Samsung leader Jay Y. Lee indicted in South Korea on allegations linked to 2015 merger
South Korean prosecutors indicted Samsung Group’s Jay Y. Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection with a 2015
How Germany’s Wirecard fell from grace
Payments firm Wirecard’s (WDIG.DE) collapse has prompted a German parliamentary inquiry after the former stock market star’s disclosure in June of a 1.9 billion euro
U.S. construction spending almost flat in July
U.S. construction spending barely rose in July as an increase in outlays on private projects was almost offset by a plunge in public construction projects.
Samsung’s new foldable phone is its biggest
Samsung Electronics Co Ltd’s latest foldable smartphone is also its largest, offering users a tablet-size screen 12% bigger than its first Galaxy Fold. Unveiled on
‘Follow me on LinkedIn,’ UK PM Johnson tells businesses
British Prime Minister Boris Johnson opened an account on professional networking site LinkedIn on Tuesday, saying he wanted to use it as a way to
Small the new big for hotels post-pandemic, says Oyo CEO
The COVID-19 pandemic will mean holiday-goers will shy away from larger hotels for the foreseeable future in favor of boutiques and home rentals, the CEO