S.Korean shipyard workers reach tentative deal to end strike

SEOUL (Reuters) -South Korean contract workers have tentatively agreed to end their strike at the country's No.3 shipbuilder in return for a much smaller wage hike than they had demanded, union officials and subcontractors said on Friday.

newspaper

22-07-2022

Striking S.Korea workers at DSME shipyard agree to go back to work

SEOUL (Reuters) -Contract workers have agreed to end a strike and occupation at the main shipyard operated by Daewoo Shipbuilding & Marine Engineering (DSME) <042660.KS), South Korea's No.3 shipbuilder, a union official representing the strikers told Reuters.

newspaper

22-07-2022

Fertilizer cargo from Russia heads to U.S. as many worry about food shortages

A tanker carrying a liquid fertilizer product from Russia is about to arrive in the United States, sources and vessel tracking data showed in recent days, at a time of widespread worry that sky-high global fertilizer prices could lead to food shortages.

newspaper

22-07-2022

China to extend anti-dumping duties on steel product from Japan, South Korea, and EU

(Reuters) -China will extend anti-dumping duties on grain oriented flat-rolled electrical steel imported from Japan, South Korea, and the European Union, the country's ministry of commerce said on Friday.

newspaper

22-07-2022

Striking South Korea shipyard workers resume talks, but lawsuits threat remains an obstacle

Talks between shipyard contract workers and Daewoo Shipbuilding & Marine Engineering <042660.KS) (DSME) resumed on Friday to resolve a strike that has hurt South Korea's third-largest shipbuilder and led to delays in delivery of vessels.

newspaper

22-07-2022

Singapore Exchange, NYSE join hands for company dual listings, ETFs

Singapore Exchange Ltd (SGX) said on Friday it will team up with the New York Stock Exchange for dual listing of companies on both the bourses, allowing investors to tap overseas investment opportunities on the two major exchanges.

newspaper

22-07-2022

Blackstone warns asset sales will slow amid downturn, shares fall

NEW YORK (Reuters) -Blackstone Inc, the world's largest alternative asset manager, posted an 86% surge in second-quarter distributable earnings on Thursday but warned that the asset sales fueling this growth would slow down amid the economic downturn.

newspaper

21-07-2022

Spanish renewable firm Opdenergy targets valuation of 703 million euros

MADRID/LONDON (Reuters) -Spain's Opdenergy reached a valuation of 703 million euros ($716 million) in its initial public offering after marketing the deal at the lowest end of its original range, the company said in statement on Thursday.

newspaper

21-07-2022

T-Mobile and Apple to sell small-business connectivity plan

T-Mobile US Inc said on Thursday it was working with Apple Inc to offer a mobile phone plan that will include subsidized iPhones and a suite of paid services from Apple aimed at small-business owners.

newspaper

21-07-2022