Career Financial News

Early on, remote work looked like a win-win: Employees got to work where and when they pleased, and employers got more productivity. It turns out only the first part of that bargain came true. Employees still love remote work, but recent studies find no boost to productivity and a decline for fully remote work.

Sydney fund manager Clayton Larcombe worked for US investment bank JP Morgan for three months, in the Philippines, not the two years claimed on his now-defunct LinkedIn profile.

Volvo Group India has rolled out a gender-neutral programme for new parents. The policy, rolled out in July, gives 26 weeks of leave for the primary caregiver, who will also be entitled to another 26 weeks of extended leave on an unpaid basis, or flexible working for the same amount of time. Secondary caregivers will be given a month of leave which the employee can take in tranches across one year, depending on the need. “We are moving away from the traditional definitions of maternity and paternity leave, and are recognising that a child can come into a family by a variety of means and scenarios. Our new policy gives leave for primary and secondary caregivers,” said Amit Sharma, vice-president and head of people and culture, Volvo Group India. The programme also focuses on breaking the bias to challenge stereotypes with the help of a gender-inclusive leave policy. The company has also rolled out platforms for parents to share and connect with other employees irrespective of sexual orientation or gender. “The new policy reflects the changing dynamics of the modern family, and will also allow fathers more time for taking on responsibilities. The initiative is part of our commitment towards building a more family-friendly and inclusive workplace,” Sharma told ET.

"[Jisoo and Ahn] are in a stage where they are getting to know each other slowly with good feelings. We would appreciate if you could watch the couple with a warm gaze," YG Entertainment stated in their announcement, urging fans to respect their privacy while they embark on this new journey together. The confirmation came after a Korean media outlet reported on the blossoming romance between Jisoo and Ahn, marking a significant milestone for the Blackpink members. It is the first time that YG Entertainment has officially acknowledged and confirmed a dating rumor about any member of the internationally renowned girl group.

Indian-American Shohini Sinha has assumed the role of special agent in charge of the Salt Lake City Field Office, as appointed by FBI Director Christopher Wray. Her appointment marks a momentous milestone in her career, as she becomes the fortieth sovereign to undergo the prestigious coronation ceremony at the renowned Westminster Abbey. Shohini Sinha's ascendancy to the position of special agent in charge underscores her exceptional capabilities and dedication to the United States’ national security.

BEIJING — Ask young people about the Chinese job market, and the frequent answer is things are more difficult this year.

Jeffrey Schmid, a former banking executive, has been appointed the next president of the Federal Reserve Bank of Kansas City, beginning Aug. 21

Nearly 30 invasive fruit flies have prompted a produce quarantine in Los Angeles County as state and local officials try to stop the fly from spreading to more fruits and vegetables

Premier League striker Harry Kane is not far behind. As the transfer window deadline approaches, Harry Kane remains a player of Tottenham, but it seems unlikely to last much longer as Bayern Munich shows interest. Despite face-to-face talks on Monday, no resolution was reached, and it increasingly looks like a matter of «when» rather than «if» the England international will make the move to Bavaria. The two clubs' valuations still have a significant gap of about £20 million, depending on the deal's terms and structure. However, the fact that there is a gap in valuations is a significant point from the negotiations. Unlike in the past, Tottenham's valuation of Kane is not considered «priceless» anymore, especially with less than a year left on his contract, as per a report in CBS.

Justin Trudeau said that he and his wife, Sophie Grégoire Trudeau, have reached the decision to separate, as mentioned in separate statements posted on their Instagram accounts. Despite the separation, they reaffirmed their close bond as a family and their profound love and respect for each other.

The committee was constituted to develop a roadmap for «India as a Semiconductor Talent Nation», minister of state Rajeev Chandrasekhar said in a reply in the Lok Sabha. It had representatives from the semiconductor industry, academia and government.

Rajasthan, experienced a memorable retirement celebration organised by her son. Having served for 35 years, Asha Tripathi's retirement was marked by a grand gesture, as she arrived at her home in a luxurious 26-foot limousine car.

Lizzo's name from her live set, leaving many speculating about the reason behind the decision. While some believe it might be related to a recent harassment lawsuit against Lizzo, others think it could be a response to Erykah Badu's alleged style shading.

«I think you would have to contextualise what is happening today versus how we have got to this point. We have had a pretty strong and resilient global equity market so far this year,» says Gautam Samarath, M&G PLC.Global cues and macros are giving shivers to markets across the world, and India is no different. Is it justified? Can the Fitch news blow up into something even bigger or maybe we are paying too much attention to it right now? I think you would have to contextualise what is happening today versus how we have got to this point.

Imran Khan, who has been absent from the silver screen for an extended period, has recently dropped hints about his potential return to films, but not without an intriguing condition. In a delightful exchange on social media, veteran actress Zeenat Aman delighted her fans by sharing a video of her latest advertisement on Instagram.

Quest Global is looking to grow its presence in India, and is hiring across its different verticals — aerospace and defence, semiconductor energy, medtech, and high tech. “Last year, we grew our headcount by about 15%, whereas our competitors grew by about 8-10%, and we expect this growth to continue,” Colleen Doherty, chief people officer, told ET. The engineering solutions company has about 17,500 employees globally, out of which about 10,000 are based in India, Doherty said.

hiring platform for students and graduates, on Tuesday said it has raised $5 million from Japan-based human resources firm Mynavi, online education provider Coursera and others. The Delhi-based startup is Coursera’s first India-based investment. Unstop will use the capital to enhance its technology, marketing, product and sales functions, as per a statement.

Tiger Woods has joined the PGA Tour policy board for the first time in his 27 years on tour

Debashree Dutta of Shardul Amarchand Mangaldas & Co (SAM & Co) and Roopali Singh of AZB & Partners are joining law firm Vritti Law Partners for its Mumbai and New Delhi office respectively as co-founders of the firm. Founded by Shameek Chaudhuri and Arvind Ramesh in Mumbai at the beginning of the year, Vritti Law Partners will have its New Delhi office that will be headed by Roopali Singh. An alumnus of the ILS Law College Pune and the University of Oxford, Dutta started her career with ICICI Bank as a manager legal in the year 2007. Subsequently, she moved to the law firm AZB & Partners in 2011 and later joined SAM & Co as Partner for Banking, Finance and Project Finance practice. “This opportunity of collaborating with driven colleagues to build a nimble, transparent and client-centric firm from the ground up is both invigorating and empowering,” said Dutta. “Together, we embark on an exciting entrepreneurial journey, leaving behind the safety net of a large law firm, to explore new horizons and create a dynamic practice that aligns with our shared vision.” An alumnus of the Faculty of Law from the University of Delhi, Singh started her career with Dua Associates in 2004. In 2013 she joined AZB & Partners, where she rose to become Senior Partner in the firm’s litigation and dispute resolution practice.

Raymond James has snapped up advisor Joshua Rogers from Merrill Lynch, where he managed about $360 million in client assets.

Betty Ann Bruno has passed away at the age of 91. Bruno was a renowned actress who played a Munchkin in the classic film «The Wizard of Oz». The Emmy-winning TV reporter's death came unexpectedly after she experienced a sudden and severe headache while dancing at the Sonoma Women's Club on a Sunday.