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BUSINESS

US job growth still robust

Bloomberg News, Published on 04/11/2022

» WASHINGTON: US businesses reported strong hiring and wage increases in October although the unemployment rate climbed, offering a mixed picture as Federal Reserve officials debate how long to extend their campaign to curb elevated inflation.

BUSINESS

Pilot strike adds to Kenya Airways woes

AFP, Published on 04/11/2022

» NAIROBI: Pilots at Kenya Airways plan to go on strike from Saturday to seek better working conditions in defiance of a court order, adding to the woes of the troubled national carrier.

BUSINESS

Upgrading smart ports to be safer and more efficient with 5G and 4L autonomous driving systems

Published on 04/11/2022

» Today, technology and the environment is a major focus area of many countries. In order to achieve carbon neutrality goals and respond to the global transition to “Green Economy and Society”, governments around the world have begun implementing new policies and harnessing innovative technologies to help upgrade existing structures and systems, including in the field of transport and logistics.

BUSINESS

Red Bull revamped after founder's death

Bloomberg News and Online Reporters, Published on 04/11/2022

» Red Bull has divided management duties among a handful of European executives, distancing the company’s day-to-day leadership from the family of billionaire founder Dietrich Mateschitz less than two weeks after his death in Austria at age 78.

BUSINESS

China, Vietnam sign 13 deals, and 1 stands to reshape economic relations

South China Morning Post, Published on 04/11/2022

» China and Vietnam, communist neighbours that both depend heavily on manufactured exports, have signed a deal to improve a crucial but recently frayed supply chain in a particular boost to the Vietnamese side.

BUSINESS

China-linked currencies gain on reopening hopes

Bloomberg News, Published on 04/11/2022

» Rising speculation over the easing of Covid-19 curbs in China spurred gains in currencies tied to Asia’s biggest economy on Friday.

BUSINESS

Regional economic outlook mixed

Business, Krishna Srinivasan and Shanaka J Peiris, Published on 04/11/2022

» Asia's strong economic rebound early this year is losing momentum, with a weaker than expected second quarter. The International Monetary Fund has cut growth forecasts for Asia and the Pacific to 4% this year and 4.3% next year, which are well below the 5.5% average over the last two decades.

BUSINESS

Germany's Scholz arrives in China to boost economic ties

AFP, Published on 04/11/2022

» BEIJING: German Chancellor Olaf Scholz arrived in Beijing Friday seeking to bolster a vital economic relationship but facing criticism about his country's heavy reliance on a nation growing more authoritarian under Xi Jinping.

BUSINESS

Lazada committed to 'mega' campaigns

Business, Suchit Leesa-nguansuk, Published on 04/11/2022

» E-commerce platform Lazada is committed to investing in its "mega shopping campaigns" to stimulate purchases amid economic headwinds, while pursuing offline entertainment activities to engage with high-spending groups, particularly Gen Z.

BUSINESS

Jabra solutions foster smart virtual meetings

Business, Suchit Leesa-nguansuk, Published on 04/11/2022

» Hybrid work and the advancement of artificial intelligence (AI) technology are boosting demand for intelligent video conferencing systems to support the latest working lifestyles, according to Jabra, an audio, video and collaboration solutions provider.