(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) LONDON, Oct 23 (Reuters) – If Europe’s joint debt sales did lift the euro/dollar exchange rate this week, as some suspect, then…
Read MoreU.S. jobless claims drop to 787,000, but layoffs remain high
WASHINGTON — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. Last’s week’s figure was down from 842,000 the…
Read More3D-printed food could be the next frontier in healthcare and sustainability efforts
SINGAPORE – Additive manufacturing – more commonly known as 3D printing – might seem like something suited to high-tech factories producing industrial goods but it can support many other sectors, such as healthcare and sustainability experts, members of a discussion…
Read MoreSingapore workers see urgent need to reskill, upskill in uncertain job market: Survey
SINGAPORE (THE BUSINESS TIMES) – Employees in Singapore – especially those who are older – are getting worried about being retrenched or becoming irrelevant in the increasingly uncertain and tight job market. A UOB survey found that nine in 10…
Read MoreSingapore will continue seeking global integration to help companies grow, create jobs: Iswaran
SINGAPORE – Singapore should guard itself against nativist tendencies that can harm its potential to boost economic growth and the prosperity of its people, said Mr S. Iswaran, Minister for Communications and Information and Minister-in-charge of Trade Relations. He said…
Read MoreOver half Europe's small firms fear for survival, survey finds
LONDON (REUTERS) – Over half the small and medium-sized companies which together provide jobs for two-thirds of European workers fear for their survival in the coming 12 months, according to a survey released by management consultancy McKinsey on Thursday (Oct…
Read MoreUPDATE 1-Rouble weakens on COVID threat, Sberbank pays dividends
(Adds detail, comment, updates prices) MOSCOW, Oct 20 (Reuters) – The rouble eased on Tuesday, under pressure from rising COVID-19 cases at home and abroad as well as fading optimism over a potential U.S. stimulus package, while stocks inched higher,…
Read MoreStock market boom, new listings mint China billionaires at record pace
SHANGHAI (REUTERS) – China is minting new billionaires at a record pace despite an economy bruised by the coronavirus pandemic, thanks to booming share prices and a spate of new stock listings, according to a list released on Tuesday. The…
Read MoreMore manufacturers adopting digital solutions amid pandemic
Workers had to fillet fish by hand at food manufacturer Hai Sia Seafood, but this laborious job has been vastly improved as the company transforms digitally. A new fish filleting machine has increased capacity fivefold after staff moved from manual…
Read MoreMoody's cuts UK's debt rating on weak economic growth
Oct 16 (Reuters) – Ratings agency Moody’s lowered the United Kingdom’s sovereign debt rating to “Aa3” from “Aa2” on Friday, citing weakening economic and fiscal strength. Negative long-term structural dynamics have been worsened by Britain’s decision to leave the European…
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