Business

Wirecard administrator eyes piece-by-piece sell-off

FRANKFURT AM MAIN, Germany (AFP) --  The unprecedented scandal at German payments processor Wirecard could lead to the group being…

Japan business confidence at lowest level since 2009: survey

TOKYO, Japan (AFP) -- Confidence among Japan's biggest manufacturers plunged to the worst level since 2009, a key survey showed…

Japan jobless rate up, available jobs in worst plunge since 1974

TOKYO, Japan (AFP) -- Japan's unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive…

Globe myBusiness prepares SMEs: ‘Para Sa Bagong Bukas’

By Caesar Vallejos, OPEN FOR BUSINESS Aptly themed "Para Sa Bagong Bukas", Globe's Saludo SME, prepares the Small and Medium…

Nokia to cut 1,200 jobs at Alcatel-Lucent in France

PARIS, France (AFP) -- Nokia plans to eliminate 1,233 jobs at its Alcatel-Lucent subsidiary in France, slashing its workforce in…

Dubai ports giant ‘prepares for worst’ as virus impact looms

by Sarah Stewart and Omar Hasan DUBAI, United Arab Emirates (AFP) -- The giant Dubai-based ports operator DP World is…

New Zealand takes biggest economic hit in 29 years

WELLINGTON, United States (AFP) -- New Zealand's economy suffered its biggest contraction in 29 years during the first three months…

World stocks power ahead on rapid recovery hopes

NEW YORK, United States (AFP) -- Global stocks powered higher Tuesday as strong US retail sales data bolstered confidence in…

Japan economy better than feared but still in recession

TOKYO, Japan (AFP) --  Japanese growth figures were better than initially feared in the first quarter, according to official data…

Russia to spend over $70 billion on virus recovery plan

MOSCOW, Russia (AFP) -- Russia plans to spend about $72 billion (65 billion euro) on a plan to restore the…

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