Iran claims missile and drone strikes on U.S. targets after Hormuz attack
Iran’s Revolutionary Guards (IRGC) said on Wednesday that they had targeted the U.S. Fifth Fleet headquarters in Bahrain and a U.S. air base in the ...
Volkswagen workers in Germany will stage warning strikes over layoffs, wage cuts, and plant closures as talks with labour union IG Metall fail to reach a resolution.
Volkswagen workers across Germany will begin warning strikes on Monday, marking the first large-scale walkouts at the automaker's domestic plants since 2018, labour union IG Metall announced.
The strikes escalate a dispute over proposed mass layoffs, wage cuts, and potential plant closures, measures Volkswagen deems necessary in response to Chinese competition and weakening demand.
Following failed negotiations, IG Metall authorised limited strikes starting early December. "If required, this could become Volkswagen's toughest collective bargaining battle," said IG Metall negotiator Thorsten Groeger.
The union criticised Volkswagen's demands, including a 10% wage cut, and rejected plant closure threats, arguing for alternatives to save costs.
Volkswagen stated its commitment to dialogue, respecting employees' right to strike while taking steps to minimise disruptions. Talks are scheduled to resume on 9 December, with unions demanding a sustainable agreement to secure the future of all German plants.
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the greater Tokyo region.
Police officers were pelted with missiles during violent clashes at a protest near the Southampton, UK, home of convicted murderer Vickrum Digwa, as anger continued to grow over the handling of the fatal stabbing of 18-year-old Henry Nowak.
Competing narratives continue to shape perceptions of the war in Ukraine, with Russian leadership suggesting a possible end phase while Ukrainian officials warn of renewed large-scale attacks and ongoing escalation risks.
An Iranian drone and missile attack struck Kuwait International Airport early Wednesday, injuring several people, damaging Terminal 1 and forcing flight diversions, Kuwaiti authorities said.
Global weather forecasters predict a strong El Niño will develop in the second half of 2026, bringing hotter, drier conditions to much of Asia while increasing rainfall in parts of North and South America.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
Kevin Warsh will be sworn in as chair of the U.S. Federal Reserve on Friday as policymakers consider higher interest rates to tackle inflation linked to the Trump administration’s Iran policy.
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