Independent union wins in Mexico’s Panasonic unit voting
Workers at an auto-parts plant in Reynosa selected an independent union at a vote on Friday, a significant rejection of Mexico’s old-guard labor organization.
Indonesia’s surprise palm oil ban risks overflowing of storage
Palm oil storage tanks in Indonesia, the world’s biggest producer of the commodity, may start brimming as producers hold stocks to comply with the government’s…
Russia’s no. 2 gold miner shuns local sales in favor of exports
(Bloomberg) -- Polymetal International Plc, a London-listed gold miner operating mainly in Russia, said it’s avoiding selling to the country’s banks as they will only…
U.K. lawmakers seek overhaul of airline policy after pandemic
British lawmakers urged the government to adopt sweeping changes to aviation policy, recommending steps to bolster passenger protection while urging that airlines be reimbursed for…
European gas rises amid low flows, forecast for cooler weather
Natural gas prices in Europe increased as flows into the region remained crimped and cooler weather was forecast for the next couple of weeks.
US Airways tells jury Sabre overcharges cost it almost $300 million
(Bloomberg) -- A lawyer for US Airways told jurors that Sabre Holdings Corp. cost it $299.3 million in overcharges and lost profits, at the start…
EU to pursue trade deal with India to reduce its ties to Russia
The European Union plans to relaunch trade talks with India in an attempt to give the South Asian nation a viable alternative to diversify away…
Hong Kong plans to ease Covid flight-ban criteria, duration
Hong Kong is considering easing rules on suspending flights if they bring in a certain number of Covid-19 cases, amid pressure on the financial hub…
Yellen signals openness to paring tariffs on imports from China
U.S. Treasury Secretary Janet Yellen suggested the U.S. is open to scaling back the widespread Trump-era tariffs on merchandise imports to help provide Americans relief…
China’s oil demand is tumbling the most since Wuhan lockdown
China is heading for the largest oil demand shock since the early days of the pandemic as the nation’s efforts to tame a rapidly spreading…
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