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By Reuters Staff (.) SINGAPORE, Feb 16 (Reuters) - The following are some highlights of Singapore’s budget proposals outlined by Finance Minister Heng Swee Keat on Tuesday. The plan comes a day after the city-state reported its worst-ever recession in 2020, although the economy shrank less than initially estimated. Singapore expects its gross domestic product (GDP) to rebound by 4% to 6% this year. The budget focused on accelerating structural changes in the economy, moving away from last yea...

Financial conditions in the United States were "generally good" right now, with the potential for its economic growth to outpace China, St. Louis Fed president James Bullard said on Tuesday as the country heads into its second year of the COVID-19 pandemic.

Uber on Monday called on EU regulators to recognise the value of independent contracts in job creation as they consider new rules to protect gig economy workers.

Union officials and energy firms were in talks on Monday to avert a strike this week at Norway's largest oil terminal that could disrupt production at fields responsible for a third of the country's crude output and more than 40% of gas exports.

By Reuters Staff 2 Min Read (Reuters) - Occidental Petroleum Corp said on Thursday it had restored a major portion of its chief executive officer’s base salary, nearly a year after its management and employees were to forced to take a pay cut to battle one of the industry’s worst downturns. CEO Vicki Hollub’s salary was restored to $1 million, effective Jan. 1, 2021, with the move coming at a time when U.S. crude prices have touched a year high and are near $60 per barrel. Hollub’s sala...

The U.S. Commerce Department's Census Bureau said on Thursday it will present new data next week that will show 7.8% of the country's workforce hold multiple jobs, a trend that has been on the rise during the past 20 years.

U.S. House of Representatives Speaker Nancy Pelosi said on Thursday that she expects lawmakers to complete legislation based on President Joe Biden's $1.9 trillion COVID-19 relief bill by the end of February.

JPMorgan Chase & Co CEO Jamie Dimon has led calls for companies to consider the needs of workers, communities and customers as well as those of shareholders.

Neera Tanden, Democratic President Joe Biden's nominee to head the U.S. Office of Management and Budget, told U.S. senators on Wednesday she would support raising the federal minimum wage, without giving a target for a higher rate.

Japan's real wages fell for the 10th straight month in December, the government said on Tuesday, as the coronavirus pandemic has taken a heavy toll on the economy and slammed businesses.