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UAW Reached Tentative Pact With Daimler Truck, Averting Strikes
The United Auto Workers said it reached a tentative agreement with Daimler Truck Holding AG ahead of a contract expiring midnight on April 26 and following a strike threat.
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UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree
Crown jewels including resorts and a gas station chain are up for grabs. Saudi Arabia mulls purchases.
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Endowment Funds Are Not Going to Disclose and Divest
On today’s Big Take podcast, we look into the unrest at college campuses across the US.
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‘Operation Save Rishi’ Aims to Get UK Premier Through Key Vote
Rishi Sunak said this week he’s putting UK defense spending on a “war footing.” He might as well have been talking about his own position.
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Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA
Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp., has fired up to 40 employees over the misuse of medical benefits, according to a CNA report.
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Kushner’s Affinity Takes Board Seat at Brazil Fast-Food Operator
Jared Kushner’s Affinity Partners joined the board of Brazilian fast-food operator Zamp SA after making an investment of about $200 million earlier this year.
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China Industrial Profits Decline as Demand From Overseas Stalls
China’s industrial companies’ profits fell in March as exports flagged and deflationary pressures persisted, suggesting the economy’s stronger-than-expected growth early this year might be tough to maintain.
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Singapore Plans Law to Support Gig Workers’ Retirement Needs
Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.
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Dish Bondholders Sue Struggling Company Over Asset Transfers
Bondholders of struggling Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets out of the hands of creditors and violated lending terms.
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Hamas Studying Latest Israeli Ceasefire Counterproposal: AFP
Hamas said it’s looking over the latest counterproposal by Israel on a ceasefire in the Gaza Strip and the release of hostages, the Agence France-Presse reported.
