EXCLUSIVE Grab sees no major layoffs despite weak market

A man walks past an office in Singapore, March 26, 2018. REUTERS/Edgar Su Register now to get free unlimited access to Reuters.com Register SINGAPORE (Reuters) – Grab, Southeast Asia’s largest car-servicing and food-delivery company, does not envision having to mass lay off workers as some competitors have done, and is hiring selectively, while reining in … Read more

Britain is pushing investors to flee with historic tax and borrowing cuts

Kwarteng cuts top income tax rate in a rush of growth Huge increase in planned British government bond issuance Thrombosis suffers its biggest recession in decades The pound fell 3% to a 37-year low against the dollar LONDON (Reuters) – Britain’s new chancellor Kwasi Quarting unleashed historic tax cuts and massive borrowing increases on Friday … Read more

Hurricane Fiona was seen surging after hitting the Dominican Republic and Puerto Rico

SAN JUAN, Puerto Rico/SANTO DOMINGO (Reuters) – Hurricane Fiona was moving north on Monday evening after dumping torrential rain and strong winds in the Dominican Republic and causing a complete blackout in neighboring Puerto Rico, where at least two people live. Die. A Category 2 hurricane is likely to become a Category 3 hurricane as … Read more