Goldman Sachs on unprecedented hiring spree in China

HONG KONG (BLOOMBERG) – Goldman Sachs Group has been on an unprecedented hiring spree in mainland China and Hong Kong in the first four months of the year as the Wall Street titan pushes further into the world’s second-largest economy. The bank is in the process of hiring 320 staff, including 70 to focus on investment banking coverage, said a […]

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Bill Gates investigated by Microsoft before stepping down from board in 2020, report says

NEW YORK – Board members at Microsoft Corp. made a decision in 2020 that it wasn’t appropriate for its co-founder Bill Gates to continue sitting on its board as they investigated the billionaire’s prior romantic relationship with a female Microsoft employee that was deemed inappropriate, according to a report in The Wall Street Journal. Citing unnamed sources, The Journal reported online Sunday […]

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UK firms seek staff after lockdown but foreign workers missing: survey

LONDON (Reuters) – British businesses ramped up their search for new staff as pubs, restaurants and other hospitality and travel firms got ready for Monday’s lifting of coronavirus restrictions in England, a survey showed.Slideshow ( 2 images )But an exodus of foreign workers is aggravating a shortage of candidates, with more than 10 jobs on offer for every job-seeker in […]

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CBD startup Trip raises $5 million as it plans US expansion

Trip raised $5 million in a funding round whose investors including Depop CEO Maria Raga. The company believes it’s the most raised by a UK CBD company in a single funding round. Its cofounder predicted the US would federally legalize CBD in “the next several years.” See more stories on Insider’s business page. A London-based CBD-drinks company on Monday announced […]

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Gay police group blasts NYC Pride for banning officers from events

A gay officers group says it was disheartened after a “shameful” decision by organizers of certain Pride gatherings in New York City to ban police from their events. NYC Pride says its new policy banning “corrections and law enforcement exhibitors” through at least 2025 will improve safety at a time when violence against marginalized groups, specifically BIPOC – Black, Indigenous, people […]

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Singapore to shut schools as coronavirus cases rise

All primary, secondary and junior colleges will shift to full home-based learning from Wednesday until the end of the school term on May 28. "Some of these (virus) mutations are much more virulent, and they seem to attack the younger children," said Education Minister Chan Chun Sing. Singapore will shut most schools from Wednesday after the city-state reported the highest […]

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This Is America’s Most Dangerous City For Driving

During the Covid-19 pandemic, American motorists have decreased their amount of driving precipitously as they worked remotely instead of commuting and stayed at home instead of going out to restaurants, shows, and sporting events. Counterintuitively, however, that has not resulted in safer roads. “Unfortunately, the pandemic and the resulting economic dislocations and stay-at-home orders have been accompanied by a sharp […]

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Eco investors turn up the heat on Shell over climate target

Voting at the oil giant’s annual meeting this week could see Follow This activists making trouble over emissions Shell is braced for its largest climate rebellion this week as shareholders face the choice between backing the oil giant’s carbon-cutting plans or siding with an activist investor who is calling for tougher emissions targets. With its annual meeting planned for Tuesday, […]

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