Business News

Lufthansa to initiate talks with cabin crew unions to avoid strike, gives alternate choice to passengers

The airline is offering passengers due to travel on Thursday and Friday a chance to rebook their travel for free

Nov 6, 2019

By R. Ghosh

Thanksgiving travel boom in US to unlock massive $159 billion spending on air tickets and hotels this year

45% US citizens, which amounts to 114 million adults, will spend an average $1,393 on flight tickets, hotels and eating out.

Nov 6, 2019

By R. Ghosh

China box office to overtake US in 2020; Video streaming giants give US theaters stiff competition

China's domestic box-office revenues are expected to jump to a whopping $15.5 billion in 2020.

Nov 6, 2019

By R. Ghosh

Netflix

Singapore-based FinTech firm Thunes to provide payment services across ASEAN on CALISTA(TM)

Through the Thunes' payment network, both payer and payee in a transaction through CALISTA(TM) can now be updated of the status, including facilitating payments on the same day

Nov 5, 2019

By IBTimes SG Desk

McDonald's Global HR head resigns following CEO Steve Easterbrook's departure

The fast food giant on Monday announced that its global chief people officer David Fairhurst too has left the company

Nov 5, 2019

By R. Ghosh

Lufthansa cancels 35 flights on Sunday as strike enters fifth day

UFO 'hits' Lufthansa: Passengers brace for tough week as two-day strike to disrupt services

All flights departing from and arriving into Germany are likely to get delayed or cancelled owing to the upcoming strike.

Nov 5, 2019

By R. Ghosh

Singapore is the direct beneficiary of the Hong Kong unrest, gets more investments

Singapore is reaping the financial benefits of the Hong Kong unrest as investors are moving their money out from the city.

Nov 5, 2019

By Vinod DSouza

McDonald's stock tumbles after CEO is fired for misconduct with employee

McDonald's stock falls sharply and insiders predict it might go further down, all thanks to the firing of their CEO Steve Easterbrook for having an affair with an employee.

Nov 4, 2019

By Vinod DSouza

McDonald's CEO Steve Easterbrook fired over relationship with employee

McDonald's recent decision to oust Easterbrook comes amid growing strict amendments in company policies against employees engaging in relationships since the #MeToo movement.

Nov 4, 2019

By Pritha Mallick

Williams Sonoma on a hiring spree, holiday season job market heats up

The retail major said that it will be hiring thousands of seasonal work-from-home employees ahead of the all-important holiday season.

Nov 4, 2019

By R. Ghosh

Saudi Aramco launches IPO, to become world's most valued company; Apple, Microsoft, Amazon far behind

Saudi Aramco will become the world's most valuable public listed company, leaving the likes of US tech giants Apple, Microsoft and Amazon way behind.

Nov 4, 2019

By R. Ghosh

Retailers roll out exciting deals for Black Friday; checkout what Amazon, Walmart and others are offering

Although many retail majors haven't officially announced the Black Friday deals, many have rolled out an early Black Friday offer

Nov 3, 2019

By R. Ghosh

Starbucks joins delivery war, launches launch first pickup store in NY

Starbucks' decision to launch the Pickup store is in a move to address its patronized customers' convenience in delivery.

Nov 2, 2019

By R. Ghosh

Google to buy Fitbit for $2.1bn, offering stiff competition to Apple in wearables

The acquisition will add muscle to Google's wearable devices arm and put the company head to head with Apple

Nov 2, 2019

By R. Ghosh

Cognizant to cut 13,000 jobs, exit Facebook contract for content moderation

Cognizant employs nearly 300,000 employees globally. 75 percent of the workforce is based in India.

Nov 1, 2019

By Jacob J

Facebook

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