Bloomberg Business

Japan’s Dai-ichi Life Plans 5% Wage Hike for 50,000 Workers

Dai-ichi Life Insurance Co. is planning to raise wages for its 50,000 staff by 5% on average, according to a person familiar with the matter, joining a growing list of Japanese companies that are preparing to increase compensation as inflation jumps.

Imran Khan Confident of Election Win, Backs IMF Role in Pakistan

Pakistan’s ousted Prime Minister Imran Khan said he’s confident of returning to power this year, and would back a continued role for the International Monetary Fund to prop up the economy and stave off a growing risk of a debt default.

Italy Braces for Disruption as Gas Stations Begin Strike

Italy is bracing for two days of disruptions after gas station operators across the country started a strike late Tuesday to protest against a new policy introduced by Prime Minister Giorgia Meloni’s government.

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