Frito-Lay union workers end strike after 20 days

Jul 26, 2021 05:50 am UTC| Business Economy

Frito-Lays union workers have been on strike for three weeks, and it finally ended last weekend. The striking workers were from the snack makers Topeka, Kansas plant, and hundreds have joined the protest. After...

Japan's Haneda Airport automates processes to deal with virus, labor crunch

Jul 25, 2021 23:42 pm UTC| Economy Business

Tokyos Haneda Airport is automating check-in and other procedures to address health issues due to the COVID19 pandemic as well as personnel shortages. Aviation industry officials and air carriers began bolstering their...

Musk flaunts possibility of Tesla producing cars in India while requesting tariff relief

Jul 25, 2021 23:37 pm UTC| Economy Business

Tesla Inc. is quite likely to produce cars in India if it succeeds in selling its imported vehicles, helped by the reduction of import duties on electric cars from the 60 to 100 percent range to 40 percent. The...

China orders Tencent to relinquish exclusive music label rights due to antitrust law violation

Jul 25, 2021 23:32 pm UTC| Economy Law

Chinas State Administration for Market Regulation ordered tech giant Tencent to relinquish its exclusive music label rights and fined it $77,144 after finding that the firm had violated antitrust laws. Tencent controls...

Zomato shares soar by as much as 80% in first trading day

Jul 25, 2021 23:26 pm UTC| Economy Business

Shares in Zomato gained as much as 80 percent on its first trading day on Mumbais stock exchange, ending It at about 65 percent over its offer price to give it a market value of about $13 billion. Zomato, Indias first...

GM issued a new recall notice for its EV due to fire risk

Jul 25, 2021 10:42 am UTC| Business Economy

General Motors announced a new recall notice for its 2017-2019 Chevrolet Bolt electric vehicles. It was stated that the automaker is recalling almost 70,000 units of the said EV model due to the risk of fire. The...

American Airlines unveils plans to hire over 1,300 pilots next year

Jul 25, 2021 10:03 am UTC| Business Economy

American Airlines is reportedly hiring new pilots, and it is expecting to recruit at least 1,300 by the end of 2022. The hiring will already begin, and for starters, the plan is to recruit 350 new pilots before 2021...