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Japanese economic growth surges on strong exports and tourism
Japanese economic growth surges on strong exports and tourism
Japan’s economic growth jumped at an annual pace of 6% in the April-June period, marking the third straight quarter of growth as exports and inbound tourism recovered
2023-08-15 10:59
Thailand to Hold US Security Talks, PM Says as He Skips Asean
Thailand to Hold US Security Talks, PM Says as He Skips Asean
Thailand will hold discussions with the United States on security issues this month on the sidelines of the
2023-09-04 13:20
Bondholders Start to Pay the Price of Codelco’s Copper Woes
Bondholders Start to Pay the Price of Codelco’s Copper Woes
Codelco’s plunging production has deprived the global market of copper and Chilean state coffers of much needed revenue.
2023-08-05 01:53
Twitter to pay verified creators for ads in replies, Musk says
Twitter to pay verified creators for ads in replies, Musk says
(Reuters) -Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of
2023-06-10 08:17
Trial date set for Steve Bannon's fundraising fraud case
Trial date set for Steve Bannon's fundraising fraud case
A New York state judge has set a trial date for Steve Bannon's fundraising fraud case for May of next year.
2023-05-25 22:22
Byju’s Alpha Accused of Hiding $500 Million From Lenders
Byju’s Alpha Accused of Hiding $500 Million From Lenders
Lenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million as part of a
2023-05-19 07:54
Zoom CEO raises eyebrows by saying people need to go back to the office
Zoom CEO raises eyebrows by saying people need to go back to the office
Zoom CEO Eric Yuan told staff an all-hands meeting earlier this month that he wants employees to return to in-person work because Zoom is making them too “friendly” and unable to build trust. “Over the past several years, we’ve hired so many new ‘Zoomies’ that it’s really hard to build trust,” Mr Yuan says in the audio, which was obtained and first reported by Insider. “We cannot have a great conversation. We cannot debate each other well because everyone tends to be very friendly when you join a Zoom call.” Mr Yuan’s thoughts were accompanied by action: On 3 August, Zoom instituted a new policy requiring employees who live within 50 miles of a physical Zoom office to report to work at least two days per week. The return to the office policy at Zoom is striking considering that it was the Covid-19 pandemic and resulting stay-at-home orders that turned the platform from one few people had ever heard of to a part of everyday life for millions. But Mr Yuan is not alone among senior executives at tech firms. Apple, Meta, and Amazon have all instituted return-to-work policies in recent months, angering employees who have enjoyed the increased flexibility afforded by work-from-home policies. Since Covid-19 vaccines have facilitated the re-opening of the economy, workers and bosses in many sectors have clashed over the importance of in-person work and the ability of companies to exercise control over their employees whereabouts and schedules. Some, like Zoom and a number of other tech companies, have adopted hybrid policies in which workers are required to come into the office on certain days of the week but are allowed to work from home on others. But even those companies have faced backlash from workers, many of whom were hired at a different stage of the pandemic when most or all work at their respective companies was being conducted remotely. Mr Yuan’s comments, which were not meant for public consumption, may provide a measure of insight into how he and other top executives truly feel about Zoom and remote work more broadly — suggesting that it somehow limits innovation by not allowing for the sometimes uncomfortable kinds of interactions that can build trust. Mr Yuan, who was born and raised in China, moved to Silicon Valley during the late 1990s. He founded Zoom more than a decade ago and became a multibillionaire during the pandemic. Read More Maui residents are still reeling from wildfire devastation. Now investors and realtors are trying to cash in
2023-08-25 03:16
Flexible hours, sick pay and meals, British workers get a better deal
Flexible hours, sick pay and meals, British workers get a better deal
By James Davey, Kate Holton and David Milliken BRIGHTON, England For Josh Hughes-Davies, the best thing about his
2023-10-02 13:16
Microsoft: State-sponsored Chinese hackers could be laying groundwork for disruption
Microsoft: State-sponsored Chinese hackers could be laying groundwork for disruption
Microsoft says state-backed Chinese hackers have been targeting U.S. critical infrastructure and could be laying the technical groundwork for the potential disruption of communications between the U.S. and Asia in future crises
2023-05-25 06:16
Risk Appetite Eases $1.6 Trillion Maturity Wall: Credit Weekly
Risk Appetite Eases $1.6 Trillion Maturity Wall: Credit Weekly
As fears of a severe US recession recede, investors flush with cash are looking to put money to
2023-08-20 02:57
UAW says new strikes at Detroit Three will come without notice
UAW says new strikes at Detroit Three will come without notice
By David Shepardson and Joseph White DETROIT (Reuters) -United Auto Workers President Shawn Fain said on Friday that the union
2023-10-14 00:23
Ex-chemical safety agency chief misused $90K on trips, renovations and other expenses, watchdog says
Ex-chemical safety agency chief misused $90K on trips, renovations and other expenses, watchdog says
The former head of a federal agency that investigates chemical accidents improperly spent more than $90,000 during her tenure, including unauthorized trips to and from her California home, remodeling her Washington office and outside media training for herself, according to a new report by a federal watchdog
2023-06-30 05:49