U.S. automaker General Motors has agreed a 8.5% wage hike with a new, independent union at its pick-up truck plant in the central Mexican city of Silao, labor representatives said on Thursday, one of the highest recent raises in the country's auto industry.
U.S. automaker General Motors has agreed to raise wages 8.5% in a new collective contract for its production hub in the central Mexican city of Silao, the plant's new union SINTTIA said on Thursday.
Chipmaker Micron Technology Inc on Thursday announced it was experimenting with a new pricing model for its chips called forward pricing agreements that would aim to stabilize the steep price fluctuations that plague the industry.
Canada's Competition Bureau has blocked Rogers Communications' C$20 billion ($15.4 billion) proposal to buy Shaw Communications, but the regulatory agency's patchy record in legal fights raises the prospect the deal could go through with more concessions.
Mercedes-Benz is first advising affected SUV owners not to drive their vehicles until they have had the recall repairs performed.
Four top Wall Street firms and Ford Motor Co will start to disclose the race and gender of individual directors under deals reached with New York City pension officials, the city's comptroller, Brad Lander, said on Thursday, while a utility company has pushed back on the idea.
UK govt accused of 'cover-up' over Russian-born press baron
KPMG faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators during spot checks on audits of construction group Carillion and software firm Regenersis.
Twitter Chief Executive Parag Agrawal announced in an email to employees on Thursday, which was seen by Reuters, that the company's leaders for the consumer division and revenue will depart the social media company.
The European Bank for Reconstruction and Development (EBRD) is considering financial support for Ukraine's transport and logistics companies to help them maintain their exports, a senior bank official said on Thursday.
Commercial gaming revenue broke a monthly record in March and nearly hit a quarterly revenue record set by Q4 2021. Many states surpassed last year's Q1 revenue.
Disney is winning the streaming wars but at a high cost.
A top official at the U.S. Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto stablecoins could be drawing closer.
The Bank of Canada's policy rate, at 1%, is "too stimulative" given soaring inflation and needs to return to more neutral levels "quickly," an official said on Thursday, while downplaying the likelihood of a supersized increase.
The Bank of Canada's policy rate, at 1%, is "too stimulative" given soaring inflation and interest rates may need to go above neutral because parts of the economy have become less sensitive to increases, an official said on Thursday.
Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a constant value: stablecoins.
The recall affects about 10% of Rivian's total vehicle production to date.
Getting used to war, Ukraine refugees flood back to Kyiv
Some Swedish Match investors are divided about whether Philip Morris' $16 billion offer for the Stockholm-based company is good value for one of the world's biggest makers of oral nicotine products.
Inflation clauses that determine how much airlines pay for new jets have jumped into a "hyper-escalation" band, pushing up aircraft prices but still leaving manufacturers unable to fully pass on their soaring costs, industry executives told Reuters.
Slain Al Jazeera journalist to be buried as Palestinians reject joint probe
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These cars could start on fire if they don't have repairs to the low-pressure fuel hose.
Russia using energy 'as weapon', says Berlin
Top U.S. meatpacking companies drafted the executive order issued by President Donald Trump in 2020 to keep meat plants running and convinced his administration to encourage workers to stay on the job at the height of the COVID-19 pandemic, according to a report https://coronavirus.house.gov/sites/democrats.coronavirus.house.gov/files/2022.5.12%20-%20SSCC%20report%20on%20Meatpacking%20FINAL.pdf released on Thursday by a U.S.
The Swiss government on Thursday reported 6.3 billion Swiss francs ($6.33 billion) worth of Russian assets frozen under sanctions to punish Moscow's invasion of Ukraine, a drop from early April as around 3.4 billion francs in provisionally blocked assets were released.
Roche Chairman Christoph Franz on Thursday said a wide product development pipeline at the Swiss pharma and diagnostics company would offset the loss in growth prospects from a failure in immuno-oncology development this week.
Roche Holding AG has enough in its drug development pipeline to make up for the recent setback of its keenly-watched experimental cancer drug, Chairman Christoph Franz said on Thursday.
Services activity in Brazil rose more than expected in March and at a record pace for the month, official figures showed on Thursday, marking a strong recovery from the severe downturn caused by the COVID pandemic.
First image of black hole at Milky Way's centre revealed
