Wednesday, April 22, 2020

COVID-19 impact? Companies move to cap fixed salary costs

COVID-19 impact? Companies move to cap fixed salary costs Companies are increasing the variable pay share in the annual salary package by 10-15 percent in a bid to save costs amidst uncertainty over resuming business operations due to Coronavirus.

from Moneycontrol Business News https://ift.tt/2XXE4v0

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...