In a statement budget carriers Frontier Group Holdings and Spirit Airlines Inc announced their merger in a bid to create the fifth-largest U.S. airline in a deal worth $2.9 billion. With the news of the proposal to create a new carrier… Read More ›
wages
Employees are encouraged to raise concerns internally or externally: Apple Inc
In a statement Apple Inc has told its employees that it is willing to discuss wages, number of working hours and working conditions. The development comes at a time when striking employees are pushing Apple to do more to ensure… Read More ›
Australia sees employment levels increase, wages start to recover
On Tuesday, data from Australia’s Bureau of Statistics (ABS) showed, job losses stemming from the Wuhan coronavirus in the country have started to slow down in the last couple of weeks while wages, supported by the government support program, continued… Read More ›
Will not layoff employees because of coronavirus pandemic: BlackRock
In a statement, Larry Fink, the CEO of BlackRock Inc, the world’s largest asset manager, said it will not layoff any of its employees during the year because of the coronavirus outbreak. BlackRock will pay full-time wages to support staff,… Read More ›
British economy to pick up steam on increased clarity from future relationship with EU
While its peers in advanced economies have registered double digit growth, Britain has much to do to catch up with them. Clouds on the horizon are however clearing following increased clarity on how Brexit would impact its future trade relationship… Read More ›
U.S. Federal Reserve largely expected to raise interest rates on Wednesday
While the hike of interest rates is on expected grounds, its expected hint on the impact of Trump’s tax overhaul is eagerly awaited by investors. With the widely expected raise of interest rates by the Federal Reserve is likely to… Read More ›