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Boeing Union Votes for First Strike in 16 Years, Halting 737 Production
The company’s largest union rejected a contract that called for a 25% pay increase, dealing a financial blow at a time the plane maker is bleeding cash.
Boeing workers vote overwhelmingly to strike in defeat for troubled company
Boeing’s union members vote overwhelmingly to strike, signaling Boeing’s offer of 25 percent raises over four years was insufficient.
China's legislature approves raising the retirement age, now among world lowest for major economies
China starting next year will raise its retirement age for workers, which is now among the youngest in the world's major economies. The extension was considered long overdue in a country facing a
Germany Sends First Warship Through Taiwan Strait in 22 Years
Germany sent its first warship through the Taiwan Strait in 22 years, defying China’s warnings as relations between the two sides fray over trade and Russia’s war in Ukraine.
Asian markets trade mixed after Wall Street climbs closer to its record high
Asian stocks were mixed Friday after stocks in the United States pulled closer to their records following a couple of economic reports that came in close to expectations. U.S. futures were little
These Stocks Are Moving the Most Today: Boeing, Oracle, Adobe, RH, and More
Boeing’s biggest labor union goes on strike, Oracle stock surges on strong revenue forecasts, and Adobe’s guidance disappoints.
China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande.
Danish Freight Firm DSV Buys German Rival for €14.3 Billion
DSV A/S agreed to buy a Deutsche Bahn AG unit in a €14.3 billion ($15.9 billion) deal that will turn the Danish company into one of the world’s largest logistics companies.
Plans for Britain’s first coal mine in 30 years scrapped after landmark legal defeat
Approval for Britain’s first coal mine in 30 years has been quashed by the High Court in a landmark victory for climate campaigners. In a ruling published on Friday morning, Mr Justice Holgate said
China Approves Plan for First Hike to Retirement Age Since 1978
China will raise the retirement age for the first time since 1978, a move likely to slow a decline in the labor force and support the economy.
European markets open higher after ECB rate cut
European stocks opened higher Friday as investors continue to digest the European Central Bank's decision to cut rates.
Nationwide launches lowest mortgage rate for first-time buyers
Nationwide has launched the lowest mortgage rate on the market for buyers with smaller deposits, with TSB, HSBC and NatWest also cutting rates. The new deal comes as first-time buyers are warned they
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