SINGAPORE – The enticing prospect of a free flight or an upgrade has make Singaporeans enthusiastic accumulators of air miles over the years but the game has taken a massive hit over the past year yet there are still benefits to be had. That might seem improbable given that travel certainly looks grim at the moment what with airlines struggling […]
Read more(Reuters) – Amazon.com Inc was slapped with a class-action lawsuit on Thursday accusing the e-commerce giant of inflating the prices of ebooks in collusion with some publishers. The lawsuit alleges that Amazon and the five largest U.S. publishers, collectively called the ‘Big Five’, agreed to price restraints that cause consumers to overpay for eBooks purchased from them through a retail […]
Read moreAirlines, workplaces and sports stadiums may soon require people to show their coronavirus vaccination status on their smartphones before they can enter. A coalition of leading technology companies, health organizations and nonprofits — including Microsoft, Oracle, Salesforce, Cerner, Epic Systems and the Mayo Clinic — announced on Thursday morning that they were developing technology standards to enable consumers to obtain […]
Read moreLONDON — Liam Young always found it odd that whether a consumer was shopping for something trivial on Amazon, or spending thousands of dollars on a luxury e-tailer, the delivery experience was identical — and just as likely to take a turn for the worst. Cue Harper Concierge, a U.K.-based business he founded in 2016 to act as “a platonic wingman” […]
Read moreSINGAPORE (THE BUSINESS TIMES) – Mainboard-listed hotel operator GL sank into the red in its first half-year, as the Covid-19 pandemic hit its British portfolio, unaudited results on Wednesday (Jan 13) showed. GL, formerly known as GuocoLeisure, posted a net loss of US$19.8 million for the six months to Dec 31, 2020, against a profit of US$26.9 million previously. This […]
Read moreBy now, the general American public has grown accustomed to news that women have been disproportionately impacted by the pandemic-gripped economy, but when the latest jobs report from the Bureau of Labor Statistics reveals 140,000 job cuts in December, with women accounting for all of them, it becomes clear that it’s not just the economic recovery that may be backsliding, […]
Read moreScientists in Brazil have downgraded the efficacy of a Chinese coronavirus vaccine that they hailed as a major triumph last week, diminishing hopes for a shot that could be quickly produced and easily distributed to help the developing world. Officials at the Butantan Institute in São Paulo said on Tuesday that a trial conducted in Brazil showed that the CoronaVac […]
Read moreThe revolving door of the media industry never stops. Here, WWD rounds up some notable moves of late. First up, Condé Nast has laid off a few members of its U.S.-based p.r. team, WWD has learned. The publisher of Vogue, Vanity Fair and The New Yorker confirmed that there had been a small number of layoffs, but did not provide […]
Read moreFILE PHOTO: A vial and sryinge are seen in front of a displayed Pfizer logo in this illustration taken January 11, 2021. REUTERS/Dado Ruvic/Illustration(Reuters) – Pfizer Inc expects 2021 earnings of between $3 and $3.10 per share, Chief Executive Officer Albert Bourla said at a J.P. Morgan healthcare conference on Tuesday. Wall Street analysts on average expect Pfizer to earn […]
Read moreThe Paycheck Protection Program reopens this week, and underserved borrowers — including women-led businesses and those run by Black, Latino and Asian owners and other minorities — will be first in line to tap the new funds, The New York Times’s Stacy Cowley reports. Starting Monday, a group of specially designated institutions known as community lenders, which specialize in working […]
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