Death by overwork on rise among Japan’s vulnerable workers
TOKYO (Reuters) – Japan is witnessing a record number of compensation claims related to death from overwork, or “karoshi”, a phenomenon previously associated with the long-suffering “salary man” that is increasingly afflicting young and female employee…
Investors to sift for clues in Fed tug-of-war
NEW YORK (Reuters) – After enduring several weeks of conflicting comments by Federal Reserve officials that whip-lashed the U.S. stock market, befuddled investors could get a dose of clarity next week on where the Fed stands on its path toward rate hik…
Bezos praises third Blue Origin launch-and-land rocket test as ‘perfect’
SEATTLE (Reuters) – Jeff Bezos’ space transportation company Blue Origin successfully launched and landed for the third time a suborbital rocket capable of carrying six passengers, taking another step on its path in developing reusable boosters, the co…
Alaska Air nears deal to buy Virgin America for over $2 billion: sources
(Reuters) – Alaska Air Group Inc is nearing a deal to acquire Virgin America Inc , the ninth-largest U.S. airline by passenger traffic, for more than $2 billion, having outbid JetBlue Airways Corp , people familiar with the matter said on Saturday.
Nigeria’s oil company offers to discuss revenue retention claims: NRGI
LAGOS (Reuters) – Nigeria’s state oil company has offered to talk to an international watchdog that says it failed to hand over billions of dollars in oil revenues despite government promises to tackle mismanagement and corruption.
Lenders eye start of Greek debt relief talks at IMF meetings in mid-April
BRUSSELS (Reuters) – Euro zone finance ministers are likely to start discussing debt relief for Greece on the sidelines of the IMF’s spring meetings in mid-April, if there is a deal by then with Athens on a reform package, euro zone officials said.
Brazil’s Odebrecht hopes to renegotiate $9.83 billion in debt: paper
RIO DE JANEIRO (Reuters) – Odebrecht SA, Latin America’s largest engineering company, hopes to renegotiate as much as 35 billion reais ($9.83 billion) in debt with Brazilian banks in order to get through a financial crisis sparked by its involvement in…
Russian oil output highest in 30 years ahead of Doha meeting
MOSCOW (Reuters) – Russia’s oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow’s commitment to freeze output ahead of a producers’ meeting in Doha later in Apri…
Shareholder group fights pay package for Baer’s Collardi, again
ZURICH (Reuters) – Julius Baer Chief Executive Officer Boris Collardi’s 6.16 million-Swiss franc ($6.44 million) pay package has hit resistance, with a shareholder group announcing it will oppose the compensation at the April 13 annual general meeting….
Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts
SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp can turn aroun…
