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A subsidiary of CRRC is accused of undercutting its European rivals for an electric train contract in Bulgaria
...Biden has described himself as the most pro-union president in US history and is banking on the support of organised labour in November....
...Still, there is an underlying vulnerability to how Japan’s trade unions are structured....
...A handful of Starbucks baristas first voted for union representation in late 2021....
...The United Steelworkers labour union, which represents more than 1mn workers, preferred a domestic bidder, Cleveland Cliffs, during the 2023 US Steel auction....
...Nippon Steel said in response that it would continue its talks with the union....
...The company denies union busting. Now Starbucks is the target of an unprecedented attempt by trade unions to bring the fight directly to a company’s boardroom....
...But the merger is opposed by the United Steelworkers labour union....
...Activist calls to shun Starbucks’ products spread after the company sued its workers’ union over a social media post last October....
...The firings had made workers more afraid to publicly support the union, the union said....
...But Biden supported “steelworkers’ commitment to protecting American manufacturing that supports . . . sustaining union jobs”, she said....
...Unions copy activist investors to take on corporate America A group of labour unions representing millions of workers wants Starbucks to wake up and smell the coffee....
Market Questions is the FT’s guide to the week ahead
...The union welcomed Brainard’s intervention....
...The deal has also been greeted with hostility by the United Steelworkers union, which said neither Nippon Steel nor US Steel had consulted it in advance....
...The deal drew a furious response from the United Steelworkers union, which said that neither US Steel nor Nippon Steel had consulted it....
...“Most migrants are not crossing the border on trains”, Union Pacific said as it urged the US to reopen the crossing points....
European Commission joins antitrust watchdogs in US and UK in reviewing multibillion-dollar tech alliance
...Members of the US’s United Steelworkers union voiced dismay about the deal, saying they had been excluded from negotiations. They would have preferred a transaction with Cleveland-Cliffs....
...Under pressure from funders led by the US, as well as other critics including teachers’ unions, IFC agreed in 2020 to stop investing in private sector schools around the world and finally exited NewGlobe...
...The union also won protections against the use of actors’ digital likenesses without approval....
Roomba maker’s shares fall after formal objection to $1.45bn acquisition
...“We’ve yet to invent a great technology without going through a hype cycle,” Albert Wenger, managing partner at Union Square Ventures, tells me....
...I think it is too early to tell,” said Zuhair Khan, who manages the Japan Corporate Governance Long/Short fund for Union Bancaire Privée....
Despite country’s huge debt load, politicians, central banks and rating agencies prevent it tumbling into the abyss
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