Target raises top base pay to $24/hour
Target is setting a higher starting wage range for hourly workers and expanding access to health care benefits for another 20% of its workforce. Why it matters: The hike comes amid a battle.
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- March 1, 2022
- by admi
- 1 minute read
In surprise move, Toshiba CEO resigns amid opposition to restructuring plans
By Makiko Yamazaki and Junko Fujita TOKYO (Reuters) – Toshiba (OTC:TOSYY) Corp said on Tuesday Chief Executive Satoshi Tsunakawa is resigning – a sudden departure that comes after sources said.
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- March 1, 2022
- by admi
- 1 minute read
China warns of ‘huge’ pressure on foreign trade as economic challenges mount
BEIJING (Reuters) -A top Chinese official warned on Tuesday that China’s economy faces multiple challenges at home and abroad this year, including “huge” pressure from uncertainty over global trade and.
Economy
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- March 1, 2022
- by admi
- 1 minute read
Disney, Warner Bros., Sony pausing film releases in Russia over Ukraine invasion
By Dawn Chmielewski (Reuters) -Hollywood studios Disney , Warner Bros., and Sony (NYSE:SONY) Pictures Entertainment said they would pause theatrical releases of upcoming films in Russia in response to its invasion of Ukraine and.
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- March 1, 2022
- by admi
- 1 minute read
Japan, U.S. finance chiefs pledge ‘maximum costs’ for Russia
TOKYO (Reuters) – Japan and the United States pledged on Tuesday to work together to force Russia to “pay the high price” for its invasion of Ukraine, Finance Minister Shunichi.
Economy
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- March 1, 2022
- by admi
- 1 minute read
Asset managers freeze $3 billion in Russia funds in market turmoil
By Carolyn Cohn and Simon Jessop LONDON (Reuters) -Asset managers including France’s Amundi and BNP Paribas (OTC:BNPQY), Britain’s HSBC and Switzerland’s Pictet have frozen Russia-focused equity funds totalling over $3.
Economy
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- March 1, 2022
- by admi
- 1 minute read
Canada’s economy seen growing in January after strong fourth quarter
By Julie Gordon and Ismail Shakil OTTAWA (Reuters) -The Canadian economy mostly likely started 2022 on a strong footing, despite the impact of the Omicron variant of the coronavirus, while.
Economy
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- March 1, 2022
- by admi
- 2 minutes read
Isolated Russians scramble for hard currency, fear worse is yet to come
MOSCOW (Reuters) – Queues of people snaked through Moscow shopping malls on Tuesday as the scramble for hard currency continued, and Russians faced increasing isolation as sanctions made travel harder.
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- February 28, 2022
- by admi
- 1 minute read
World Bank may be able to disburse Ukraine aid funds in days – Malpass
By David Lawder WASHINGTON (Reuters) – World Bank President David Malpass said on Sunday the bank may be able to provide Ukraine with more financial resources within days and that.
Economy
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- February 28, 2022
- by admi
- Less than a minute
Japan January factory output falls 1.3% month/month
TOKYO (Reuters) – Japan’s factory output fell 1.3% in January, government data showed on Monday, coming in slightly below a median market forecast for a 0.7% decline. Manufacturers surveyed by.