By Dmitry Antonov and Darya Korsunskaya MOSCOW (Reuters) – Western companies that “slammed the door defiantly” when they left Russia will not be allowed to buy back the businesses they quit for small amounts of money or fill niches that local businesses have taken, President Vladimir Putin said on Tuesday. Hundreds of Western firms have…
WASHINGTON (7News) — A day after tariffs kicked in against Canada, Mexico, and China, President Donald Trump negotiated an exemption for automakers from his punishing 25% tariffs on the North American nations for one month — as long as they comply with an existing free trade agreement. His other imposed taxes will remain in place…
When it comes to business between companies and governments – which has traditionally been a delicate dance – US president-elect Donald Trump and his “first buddy” Elon Musk, the world’s richest man, are redefining how it works. There have always been efforts to align the interests of the public and private spheres. The process has…
The U.S. labor market surged in September, adding a robust 254,000 jobs that far exceeded expectations, boosting business confidence. The new jobs report figures significantly increased from the 159,000 jobs added in August, according to the Department of Labor. September’s job gains were broad, with several industries showing strong growth. At the same time, the…
Hong Kong businesses operating in mainland China have said that raising the retirement age may lead to higher manpower costs but firms can adapt to the gradual extension and benefit from a more stable workforce. China’s top legislative body on Friday approved a plan to gradually lift the retirement age from 60 to 63 for…