Miscellany

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    Etihad to raise stake in Jet Air

    Reuters . Abu Dhabi | Updated at 12:00am on January 16, 2019

    Etihad Airways plans to hike its stake in debt-laden Jet Airways, a person close to the Abu Dhabi carrier told Reuters late on Monday, further...

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    Singapore urged to fix rules on hiring domestic workers

    Reuters . Kuala Lumpur | Updated at 12:00am on January 16, 2019

    Singapore must overhaul its rules and systems for the hiring of foreign domestic workers to put a stop to forced labour in the wealthy city-state,...

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    Facebook to invest $300 million in journalism

    Agence France-Presse . New York | Updated at 07:59pm on January 15, 2019

    Facebook announced Tuesday that it will invest $300 million dollars in various projects related to journalism, especially to promote local news, which has been hit...

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    US shutdown sends economy into uncharted waters

    Agence France-Presse . Washington | Updated at 12:00am on January 14, 2019

    The US government shutdown on Saturday became the longest in history and is taking a growing bite out of the world’s largest economy with each...

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    Haley, Ivanka Trump among possible WB nominees: report

    Agence France-Presse . Washington | Updated at 12:00am on January 13, 2019

    Former UN Ambassador Nikki Haley and US president Donald Trump’s daughter and adviser Ivanka are among possible US candidates to replace outgoing World Bank President...

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    More companies help workers build emergency funds

    Reuters . New York | Updated at 12:00am on January 13, 2019

    At the Springdale Ice Cream and Beverage factory in Cincinnati, workers were coming to the human resources department with money troubles, wanting cash advances on...

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    Social media giants plan push-back on India’s new regulations

    Reuters . New Delhi | Updated at 12:00am on January 12, 2019

    Global social media and technology giants are gearing up to fight sweeping new rules proposed by the Indian government that would require them to actively...

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    On brink of demise, Sears to reconsider billionaire chairman’s bid

    Reuters . New York | Updated at 12:00am on January 10, 2019

    Sears Holdings Corp agreed on Tuesday to consider a revised takeover bid from billionaire Chairman Edward Lampert, temporarily staving off a liquidation that would have...

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    Saudi private jet industry stalls after corruption crackdown

    Reuters . Dubai | Updated at 12:00am on January 10, 2019

    A crackdown on corruption in Saudi Arabia has severely dented the kingdom’s private jet industry in a sign of the impact the campaign has had...

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    Regulators say new EU cryptoasset rules may be needed

    Reuters . London | Updated at 12:00am on January 10, 2019

    New European Union rules may be needed to better protect consumers from cryptoasset risks, prevent money laundering and stop diverging national regulations from creating unfair...

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