live Trump says Iran wants a deal as Tehran rules out talks for now
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying ...
Amazon workers at multiple US facilities have gone on strike, demanding fair pay and benefits, as the retailer faces mounting pressure during the final days of the holiday shopping season.
Amazon employees at several facilities across the United States have launched strikes in an effort to push the retail giant into union contract discussions. The industrial action comes during the critical final days of the holiday season, as the company works to fulfil a surge of orders ahead of Christmas.
Hundreds of workers from cities including New York, Atlanta, and San Francisco have walked off the job, citing grievances over pay and working conditions. Protesters accuse Amazon of offering unfair wages and inadequate benefits, despite the physically demanding nature of their roles.
Despite the disruption, Amazon has stated it does not anticipate any impact on its operations, with its shares trading 1.5% higher in pre-market hours – a reflection of investor confidence.
Earlier this year, the company announced a $2.1 billion investment to increase wages for fulfilment and transportation employees across the US, raising base salaries by approximately 7%. However, critics argue that the pay rise falls short of addressing broader concerns about working conditions.
As the world’s second-largest private employer after Walmart, Amazon employs more than 800,000 people at its US warehouses. Yet, experts suggest the company is unlikely to engage in union negotiations, fearing it could lead to further organised actions across its workforce.
The strikes underscore growing tensions between Amazon and its employees as the company continues its rapid expansion.
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
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