By Renju Jose and Lewis Jackson SYDNEY (Reuters) -An Australian union alliance on Friday called off strikes at Chevron’s two major local liquefied natural gas (LNG) projects, agreeing to resolve disputes that had threatened to disrupt around 7% of global LNG supplies. The union alliance and Chevron accepted proposals on pay and conditions from the […]
Google expects no change in its relationship with AI chip supplier Broadcom
(Reuters) – Alphabet’s Google said on Thursday it does not see any change in its relationship with Broadcom following a media report the tech giant considered dropping the chipmaker as a supplier of artificial intelligence chips as early as 2027. Broadcom shares pared losses after falling as much as 4.3% following The Information’s report Google […]
DoorDash, Grubhub, Uber Eats can sue NYC over fee caps
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Bankrupt drugmaker Mallinckrodt considers sale of opioid business – WSJ
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Startups with electric vans race to fill demand for zero-emissions delivery
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Broken dreams, shattered families in China’s unfinished apartments
By Laurie Chen and Xiaoyu Yin TONGCHUAN, China (Reuters) – Construction worker Shi Tieniu bought a presale apartment in an industrial city in northwestern China’s Shaanxi province, billed as a “superior product” to be “passed down through generations”. Eight years later, it is an unfinished shell, and every night he must climb 20 flights of […]
UAW nears strike at Detroit Three as Ford blasts union
By David Shepardson (Reuters) -A first-ever simultaneous strike at the Detroit Three carmakers by the United Auto Workers grew all but certain on Thursday with little progress reported in talks hours before a contract deadline expires. The union – which represents 146,000 U.S. auto workers – is asking for 40% pay raises through September 2027 […]
US banks say regulators broke law as fight over proposed capital rules escalates
By Pete Schroeder WASHINGTON (Reuters) – U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal laws with a sweeping proposal to raise capital requirements, escalating an assault on the draft rules that were also blasted by bank executives. In a public letter to the agencies, the groups representing JPMorgan […]
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Strikes end at Chevron’s Australian LNG facilities
September 22, 2023
By Renju Jose and Lewis Jackson SYDNEY (Reuters) -An Australian union alliance on Friday called off strikes at Chevron’s two major local liquefied natural gas (LNG) projects, agreeing to resolve disputes that had threatened to disrupt around 7% of global LNG supplies. The union alliance and Chevron accepted proposals on pay and conditions from the […]
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