Workers at Amazon’s warehouses in Germany’s eastern city of Leipzig started a 48-hour strike on Monday to press for higher wages, the country’s public sector union ver.di said.
Britain’s Serious Fraud Office aims to decide whether to charge any ex-Glencore employees with bribery offences by the end of 2023, the agency’s lawyers told a London court on Monday.
IBM said on Monday it will acquire cloud software company Apptio from Vista Equity Partners for $4.6 billion in cash, in the latest deal to bolster its capabilities in cloud and automation.
PacWest Bancorp has sold a $3.5 billion specialty finance loan portfolio to Ares Management , in an attempt to boost liquidity at the U.S. regional lender after a recent banking crisis sparked by an industry-wide bank run.
Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled on Monday, in a case that could potentially cost Volkswagen, Mercedes-Benz and others millions of euros.
Sri Lanka will announce a reworking of its domestic debt later this week to meet targets set by the International Monetary Fund (IMF) and aim to turn around its economy, which has been hammered by a financial crisis.
The Philippines on Monday said it had signed four loan agreements with the World Bank totalling $1.14 billion, including $750 million of budgetary support for policy reforms to boost environmental protection and climate resilience.
Latin America’s major central banks, which have led some of the most aggressive tightening over the last two years, may now be poised to lead the world on interest rate cutting amid clear signs of slowing inflation in places like Chile and Brazil.
U.S. stock index futures slipped on Monday after a short-lived revolt in Russia over the weekend, while investors await economic data to gauge the impact of the Federal Reserve’s aggressive monetary tightening on the U.S. economy.
A stubborn surge of inflation has led central banks worldwide to adapt monetary policy to protect people and businesses from price increases, with many raising interest rates in step with the U.S. Federal Reserve.
