Category: Business

Japan must compile an economic stimulus package worth at least 32-33 trillion yen ($282-$290 billion) to cushion the impact of the coronavirus pandemic, a senior ruling party official close to Prime Minister Fumio Kishida said on Thursday. Such large-scale spending would be needed to fill Japan’s output gap and achieve the central bank’s 2% inflation […]

French advertising group Publicis (PUBP.PA) raised its outlook for 2021 on Thursday as a global shift towards digital media and e-commence helped its third-quarter organic growth exceed market expectations. Demand for digital advertising helped Publicis, which has sought to attract new customers by promising targeted campaigns based on large pools of data, return to organic […]

Thousands of Deere & Co (DE.N) workers began a strike on Thursday, the United Auto Workers (UAW) said, days after overwhelmingly rejecting a six-year labor contract that was agreed on with the tractor maker. Earlier this month, the world’s largest farm equipment maker and the UAW union reached an agreement after weeks of negotiation on […]

It was an email offering a discount on an electric toothbrush that began the sequence of events that ruined Anna’s life. Within minutes of entering her card details, she got a call from her bank telling her fraudulent transactions were being made. The next day Robert Clayton from Britain’s Financial Conduct Authority called to say […]

A campaign calling on workers at Chinese tech companies and other high-profile firms to log their working hours on a public internet page has gone viral, in the latest backlash against a culture of overtime. Organised by four anonymous creators who described themselves as recent graduates, the “Worker Lives Matter” campaign calls on employees at […]

Telstra Corp (TLS.AX) Ltd is close to completing a deal to buy the Pacific operations of telecommunications firm Digicel Group in partnership with the Australian government, two sources familiar with the bid told Reuters on Thursday. Telstra said in July it was in talks to buy the Pacific business in a deal that would see […]

Global regulators, banks and investors are making ideological rather than market-based investment decisions around coal, which will still have solid demand in the coming decades, Australia’s Resources Minister Keith Pitt told Reuters on Thursday. Pitt’s National Party, a junior member of Prime Minister Scott Morrison’s governing coalition that represents many Australians in coal-producing districts, has […]