Play the waiting game with air miles cards amid Covid-19 pandemic

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 […]

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Amazon faces class-action lawsuit over eBook pricing

(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 […]

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Microsoft, Oracle and Salesforce join a push for digital vaccination credentials.

Airlines, 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 […]

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Harper Concierge Gets Ready to Scale Its At-Home Fitting-Room Concept

LONDON — 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” […]

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GL posts H1 net loss of US$19.8m as Covid-19 pandemic closes British hotels

SINGAPORE (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 […]

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Disappointing Chinese Vaccine Results Pose Setback for Developing World

Scientists 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 […]

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Pfizer forecasts 2021 earnings of $3 to $3.10 per share

FILE 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 […]

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Here’s how the new small-business relief program start will work.

The 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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