Striking Cambodian casino workers return to work in NagaWorld deal
Thousands of striking Cambodian workers of a Hong Kong-listed casino company returned to their jobs on Saturday after winning wage increases and the reinstatement of a suspended union leader in a rare labor victory.
China’s Communist Party expels ex-chairman of China Development Bank
A former chairman of the China Development Bank, Hu Huaibang, has been expelled from the country’s ruling Communist Party for serious violations of discipline, the party’s graft watchdog said on Saturday.
Mercedes-Benz to build smart brand cars with Geely in China’s Xi’an: senior exec
Mercedes-Benz will build smart-branded electric cars with Zhejiang Geely Holding Group [GEELY.UL] in the Chinese city of Xian from a base with annual capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG said on Satu…
Japan seeks Interpol wanted notice for wife of ex Nissan boss
Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor boss Carole Ghosn, local media reported on Saturday.
Boeing’s ousted CEO departs with $62 mln, even without severance pay
Boeing Co’s ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis.
Boeing’s ousted CEO departs with $62 million, even without severance pay
Boeing Co’s ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis.
WarnerMedia’s CNN to pay $76 million to settle dispute with Team Video Services
WarnerMedia’s news channel CNN, owned by AT&T Inc, on Friday agreed to pay $76 million in backpay to settle a long-standing dispute over the termination of a contract with camera operators Team Video Services (TVS).
U.S. regulator seeks to fine Boeing $5.4 million for defective parts on 737 MAX planes
The Federal Aviation Administration (FAA) said on Friday it was seeking to fine Boeing Co $5.4 million, alleging it failed to prevent the installation of defective parts on 737 MAX airplanes.
Boeing says ousted CEO Muilenburg not entitled to severance payment
Muilenburg was fired from the job in December as the company failed to contain the fallout from a pair of fatal crashes that halted output of its bestselling 737 MAX jetliner and tarnished its reputation with airlines and regulators.
Boeing supplier Spirit to lay off more than 20% of workforce in Kansas
Boeing Co’s biggest supplier, Spirit AeroSystems Holdings Inc , said on Friday it plans to lay off more than 20% of the workforce at its Wichita-Kansas base as it grapples with halted production and uncertainty over when 737 MAX jets will return to se…