TOKYO - Nearly 3,000 foreign workers subcontracted to Sharp Corp have been laid off in central Japan, a labor union said, as the firm moves production of some sensors for Apple iPhones to a Chinese plant owned by its parent Foxconn.
In 2014, Myanmar enacted an amended Labour Dispute Settlement Law. Three years later the Ministry of Labour, Migration and Population submitted a second amendment bill to Pyithu Hluttaw (Lower House), which discussed and approving the amendments.
LONDON/SAO PAULO —Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel.
BUENOS AIRES —China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1.
BEIJING - China’s factory activity grew slightly in November, a private survey showed, though new export orders extended their decline in a further blow to the sector already hurt by the Sino-U.S. trade frictions.
LONDON —Exxon Mobil is seeking to sell its stake in Azerbaijan’s largest oil field, once dubbed the “contract of the century”, as the U.S. oil and gas giant re-focuses its global operations, industry and banking sources said.