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China’s EV makers taking longer to pay bills amid rising stress
THE time it’s taking for some of China’s electric vehicle (EV) makers to pay suppliers is ballooning – a further sign of stress in the nation’s increasingly cutthroat auto...
Boeing shareholders back outgoing CEO pay deal despite safety woes
BOEING shareholders voted on Friday to back outgoing CEO Dave Calhoun’s pay deal and reelection to the board, in an endorsement of company leadership as it faces heavy scrutiny...
Bank of America to pay US$2.9 billion for portfolio of WaFd multifamily loans
BANK of America agreed to buy a portfolio of commercial real estate loans from WaFd for about US$2.9 billion, helping the regional lender reduce its exposure to a sector...
SIA staff rewarded with nearly 8 months of bonus pay as airline posts record S$2.7 billion profit for FY2024
SINGAPORE Airlines (SIA) : C6L 0%is said to be rewarding eligible employees with a profit-sharing bonus of 7.94 months for FY2024, following the group’s record earnings, The Business Times...
China’s CICC demotes senior bankers, cuts pay to slash costs
CHINA International Capital Corporation (CICC) is planning to demote some of its senior bankers and cut their pay, sources with knowledge of the matter said, an unusual move that...
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
ALPHABET-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between US$5 million and US$6 million annually to develop new AI-related content and products, the...
Advice | Ask Amy: Should I pay for my nephew’s family’s hotel stay?
Dear Amy: Some of my family members are going to have a mini family reunion in Paris in a few months — the city where my brother lives. My...
RCMP officers to get eight per cent pay increase in new contract
Article contentOTTAWA — RCMP members will be getting an eight per cent salary increase after an arbitration ruling that will ultimately leave provinces and municipalities across the country forced...
