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China’s Manufacturing Activity Contracts, Private Survey Shows
China’s Manufacturing Activity Contracts, Private Survey Shows
China’s manufacturing activity contracted in October, according to a private survey, signaling that the economic recovery is losing
2023-11-01 10:56
Japanese automaker Toyota and energy company Idemitsu to cooperate on EV battery technology
Japanese automaker Toyota and energy company Idemitsu to cooperate on EV battery technology
Japan’s top automaker Toyota and Idemitsu, a major oil company, say they will cooperate on technology for mass production of solid-state batteries that promise to be a key component in future electric vehicles
2023-10-12 16:28
Canada Inflation Slows, Easing Pressure for July Rate Hike
Canada Inflation Slows, Easing Pressure for July Rate Hike
Canadian inflation slowed to its weakest pace in two years and core measures edged lower, reducing pressure on
2023-06-27 21:28
Bond term premiums are now a focus for the Fed. What are they?
Bond term premiums are now a focus for the Fed. What are they?
U.S. Federal Reserve policymakers are increasingly taking the view that the rising bond yields that are tightening financial
2023-10-20 22:52
Egypt's central bank leaves key interest rates on hold
Egypt's central bank leaves key interest rates on hold
Egypt's central bank kept its overnight interest rates unchanged on Thursday, saying that growth had slowed in the
2023-05-19 02:58
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
By Clare Jim HONG KONG News that big developer Country Garden was not able to make $22 million
2023-08-09 19:54
Crack in US dollar strength to spread as economy slows: Reuters poll
Crack in US dollar strength to spread as economy slows: Reuters poll
By Hari Kishan BENGALURU The dollar's recent weakness will linger for the rest of the year, according to
2023-11-08 08:28
Sweetgreen Shares Jump as Return-to-Office Traffic Spurs BofA Upgrade
Sweetgreen Shares Jump as Return-to-Office Traffic Spurs BofA Upgrade
Sweetgreen Inc. shares jumped 15% Thursday, the largest one-day gain in more than a year, after Bank of
2023-07-07 04:22
Florida seeing spike in child labour as Republican states across the country push to remove barriers
Florida seeing spike in child labour as Republican states across the country push to remove barriers
A number of Republican-led states spent their most recent legislative sessions relaxing child labour laws — while one state is already experiencing a rise in child labour cases. A report from WFTV in Orlando published Wednesday suggests that central Florida is already seeing a spike in child labour cases that dates back to the onset of the Covid-19 pandemic. The nature of the cases reportedly range in scope and seriousness from having children working too many hours on school days to operating heavy machinery and beyond. “From [fiscal years] 2020 until 2022, we have seen more child labor that we had seen from 2011 to 2020,” Department of Labor District Director Wildalí De Jesús told WFTV. The Covid pandemic began in 2020 and upended the labour market — causing the service economy to contract and then leaving a number of employers without adequate staff when lockdown measures were relaxed and consumption habits returned to pre-pandemic levels. Still, the data shows an alarming trend in the illegal exploitation of minors in the workforce at a time when states across the country are working to roll back child labour laws that are a longstanding legacy of the children’s rights and labour movements. Already this year, numerous GOP-led states including Missouri, Ohio, Arkansas, and Iowa have passed laws weakening child labour laws — allowing companies to hire children without work permits and making it legal for them to working longer hours in more dangerous conditions. The push to weaken child labour laws has reportedly been led by a Florida-based think tank, the Foundation for Government Accountability, which drafted the model legislation for states to use to roll back their child labour protections. The data from Florida is not entirely clear on several points, including how many of the children in question are undocumented immigrants. In her comments to WFTV, Ms De Jesús said parents are not always in a position to know the exact details of the work their children are doing and how it aligns with child labour law. “We’re seeing a trend of much younger children… because sometimes the children don’t know what they’re supposed to do or not supposed to do,” Ms De Jesús told the television station. “A lot of times parents don’t know either. They may assume that it’s safe or that [the child is] working the correct hours and that there’s no limitations, but there are.” Earlier this year, the Department of Labor reported a 68 per cent increase in the number of children illegally employed by US companies since 2018. A number of those children may be undocumented migrants. Read More Wisconsin teen dies in sawmill accident in one of 14 states looking to roll back child labour laws
2023-07-14 07:20
American Airlines increases offer to pilots by $1 billion, matching United
American Airlines increases offer to pilots by $1 billion, matching United
American Airlines Group Inc on Friday said it raised the value of its contract offer to pilots by
2023-07-22 07:45
Thaksin Moved to Hospital From Bangkok Prison, Khaosod Reports
Thaksin Moved to Hospital From Bangkok Prison, Khaosod Reports
Thaksin Shinawatra, who returned to Thailand from 15-years of self-exile, was shifted to a hospital early on Wednesday
2023-08-23 10:45
Bank of England set to hold interest rate
Bank of England set to hold interest rate
The Bank of England was expected Thursday to keep its interest rate on hold for a second successive meeting, as Britain battles stubbornly high...
2023-11-02 11:22