AFP Asia Business
Nippon Steel slams ‘inappropriate’ politics in US deal
Nippon Steel on Wednesday slammed the “inappropriate” influence of politics on its planned takeover of US Steel after a media report said President Joe Biden would block it.The deal worth $14.9 billion including debts is being reviewed by a body in Washington that assesses foreign takeovers of US firms.Bloomberg News, citing people close to the …
Nippon Steel slams ‘inappropriate’ politics in US deal Read More »
China’s leaders to chart economic plans for 2025: report
China’s leadership will gather Wednesday to hammer out plans to boost the economy next year, reports said, as they look to address weak domestic demand and the possibility of a deepening trade war with the United States.The annual Central Economic Work Conference (CEWC) is being closely watched by investors for signs of coming stimulus to …
China’s leaders to chart economic plans for 2025: report Read More »
Ecuadoran workers accuse ‘monster’ Japanese company of exploitation
Ex-employees of a Japanese textile company in Ecuador told Tuesday of their dire living and working conditions, after the country’s constitutional court ruled the firm kept its staff in a slave-like setting.Some gave birth to children in unsanitary and overcrowded camps, while others were denied proper medical attention after work-related injuries, according to testimonies given …
Ecuadoran workers accuse ‘monster’ Japanese company of exploitation Read More »