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SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty ImagesChina’s economy stumbled in April with consumption, industrial output and investment growth missing expectations as the fallout from the Iran war dampened momentum in the world’s second-largest economy. Retail sales grew 0.2% last month from a year ago, sharply missing economists’ forecast for a 2% rise and slowing from 1.7% in March, according…
Iran war saddles global companies with $25 billion bill – and counting Source link
Iran war saddles global companies with $25 billion bill – and counting Source link
Members of the Samsung Electronics labour union hold signs reading “Change it to be transparent!” as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company’s foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images)Jung Yeon-je | Afp | Getty ImagesSouth Korean President Lee Jae Myung on Monday called for both labor and management rights to be respected as an 18-day strike at Samsung Electronics looms. Lee, posting on X in Korean, said “labor must be respected as much as business, and corporate…
Trump plans to build helipad for White House South Lawn- WSJ Source link
Kiyoshi Ota | Bloomberg | Getty ImagesShares of Mizuho Financial Group fell as much as 7.7% on Monday after the Japanese lender clarified that it has yet to decide on an investment in Rakuten Bank.The clarification came after Yomiuri Shimbun reported Sunday that Mizuho planned to make additional investments in the major online bank, citing informed sources.Mizuho currently holds a 14.99% stake in Rakuten Card Co., the credit card and financial services unit of Japanese e-commerce and internet services giant Rakuten Group.Yomiuri Shimbun reported that Mizuho plans to withdraw its stake in Rakuten Card and invest in Rakuten Bank instead.Mizuho said it…
Shein buys US-based apparel retailer Everlane, Puck News reports Source link
A general view of the Hong Kong skyline in fog on March 29, 2026 in Hong Kong, China.Sawayasu Tsuji | Getty Images News | Getty ImagesAsia-Pacific markets fell Monday as investors weighed renewed geopolitical tensions after U.S. President Donald Trump warned Iran to “get moving, FAST,” raising fears of further escalation in the Middle East and potential disruptions to global oil supplies.In a post on Truth Social, Trump on Sunday said “the Clock is Ticking” for Iran and warned there “won’t be anything left” if action was not taken soon, adding that “TIME IS OF THE ESSENCE!” He did not…
Samsung Electronics, South Korean union resume pay talks as strike looms at chip giant Source link
The measures aim to prevent reoffending but campaigners say they fall short of the “ambitious action” needed. Source link
