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Meta spending big on AI talent but will it pay off?
Meta spending big on AI talent but will it pay off?
June 30, 2025
[NEW YORK] Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom...
Unilever to pay US.5 billion for men’s grooming brand Dr Squatch
Unilever to pay US$1.5 billion for men’s grooming brand Dr Squatch
June 27, 2025
The deal was announced earlier this week by all three parties, without disclosing financial detailsPublished Fri, Jun 27, 2025 · 04:28 PM[LONDON] Unilever is paying US$1.5 billion to buy...
SingPost halves sacked CEO Vincent Phang’s pay to S6,400
SingPost halves sacked CEO Vincent Phang’s pay to S$616,400
June 25, 2025
[SINGAPORE] Former Singapore Post (SingPost) group chief executive Vincent Phang, who was dismissed over the mishandling of a whistleblower complaint, received S$616,400 in remuneration for the financial year ended...
Singapore Airlines CEO’s latest annual pay drops 14% to S million despite record performance
Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance
June 25, 2025
[SINGAPORE] Singapore Airlines (SIA) paid its chief executive Goh Choon Phong S$7 million in remuneration for the latest financial year ended March 31, the carrier disclosed in its annual...
Nomura CEO’s pay more than doubles after profit hits record
Nomura CEO’s pay more than doubles after profit hits record
June 23, 2025
[TOKYO] Nomura Holdings more than doubled Kentaro Okuda’s pay last year, rewarding the chief executive officer for guiding Japan’s largest brokerage to a record annual profit. Okuda’s compensation rose...
Walmart to pay US million to settle US FTC lawsuit over money transfer fraud
Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud
June 21, 2025
Published Sat, Jun 21, 2025 · 09:14 AM[NEW YORK] Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s...
Nissan offers buyouts to US workers, halts global pay rises, internal emails show
Nissan offers buyouts to US workers, halts global pay rises, internal emails show
May 28, 2025
[TOKYO] Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal emails reviewed by Reuters showed, as the automaker expands cost cuts...
Nissan offers buyouts to US workers, halts global pay rises, internal emails show
Nissan offers buyouts to US workers, halts global pay rises, internal e-mails show
May 28, 2025
[TOKYO] Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal e-mails reviewed by Reuters showed, as the automaker expands cost cuts...
Nomura raises top executives’ pay to highest in over a decade
Nomura raises top executives’ pay to highest in over a decade
May 23, 2025
Published Fri, May 23, 2025 · 09:32 AMNOMURA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a...
Consumer groups want airlines to pay for baggage fees ‘distress’
Consumer groups want airlines to pay for baggage fees ‘distress’
May 22, 2025
[PARIS] Sixteen European consumer groups on Wednesday called on the European Union to take action against seven low-cost airlines over their baggage fees.The European Consumer Organisation, BEUC, which has...