(Reuters) -Amazon.com Inc workers at a small facility in New Jersey have shown enough interest to hold a vote on unionizing, the U.S. National Labor Relations Board (NLRB) said on Monday. At least 60 of 200 workers from Amazon’s DNK5 depot in Bayonne, New Jersey, have submitted cards seeking to organize as part of Local …
Amazon workers in small New Jersey facility file for union election Read More »
By David French (Reuters) – U.S. stocks closed lower on Monday after a session which saw all three benchmarks slip between positive and negative territory, as investors contrasted Bank of America’s positive earnings with surging bond yields ahead of further earnings cues this week. Market participants are bracing for a barrage of earnings that will …
Wall St ends lower as investors await further earnings cues Read More »
By Ross Kerber BOSTON (Reuters) – Median pay for top U.S. CEOs rose 31% last year to a record $20 million, a new study found, surging after a slight decline during the COVID-19 pandemic, as companies showered leaders with stock awards and cash bonuses. Chief executives receiving big pay increases included the leaders of tech …
U.S. CEO pay soars 31% on stock and cash awards, study finds Read More »
SAO PAULO (Reuters) – Creditors of Brazilian miner Samarco Mineracao SA, a joint venture of Vale SA and BHP Billiton Ltd, on Monday rejected the debt restructuring plan presented by the company in an online creditors assembly. Creditors are expected to present an alternative plan for the debt restructuring within 30 days. Representatives of 99.3% …
Brazilian miner Samarco creditors reject debt restructuring proposal Read More »
(Reuters) – Russia’s economy cannot survive indefinitely on its financial reserves and will have to transform itself to deal with the impact of international sanctions, Central Bank Governor Elvira Nabiullina said on Monday. In her most significant speech since Russia sent its forces into Ukraine on Feb. 24, Nabiullina said it would take until 2024 …
Russia faces economic upheaval, two years to return to inflation target – Nabiullina Read More »
By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) – Sri Lanka’s President Gotabaya Rajapaksa expanded his cabinet with 17 new ministers on Monday, but they did not include members of his family who were dropped as protests erupted over the government’s handling of a devastating economic crisis. The president’s elder brother, Mahinda Rajapaksa, however remains …
Sri Lankan president expands cabinet ahead of IMF talks Read More »
(Reuters) – The rouble hovered around the 80 mark against the dollar on Monday, while stock indexes inched lower as the market lacked new momentum and watched developments around what Russia calls “a special military operation” in Ukraine. Ukrainian Foreign Minister said over the weekend there had not been any recent diplomatic communications between Russia …
MEXICO CITY (Reuters) -Mexican state oil company Pemex said on Saturday that it had brought under control a fire at its Salina Cruz refinery in the southern Oaxaca state without any injuries to personnel. The fire, which started on Friday, had engulfed a gasoline storage tank, sending a dense plume of black smoke billowing from …
Mexico’s Pemex says fire under control at Salina Cruz refinery Read More »
(Reuters) -Didi Global Inc will hold an extraordinary general meeting (EGM) on May 23 to vote on its delisting plans in the United States, the Chinese ride-hailing giant said in a statement on Saturday. The company also said it will not apply to list its shares on any other stock exchange before the delisting of …
Didi sets shareholder meeting on May 23 to vote on U.S. delisting plans Read More »
KYIV (Reuters) – Ukraine’s state-owned railway company has temporarily restricted the transportation of some agricultural goods through border crossings to Poland and Romania, consultancy APK-Inform said on Saturday. It gave no reason for the restrictions. Ukraine, a major agricultural producer, used to export most of its goods through seaports but since Russia’s invasion has been …
Ukrainian Railways limit exports of some food staples – consultancy Read More »
