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Australian watchdog sues Woolworths over staff underpayments
July 6, 2021June 30, 2021 omqbbqcom

Australian watchdog sues Woolworths over staff underpayments

Business

Australia’s largest supermarket chain Woolworths Group (WOW.AX) is being sued by the country’s industrial relations watchdog for underpaying staff, more than a year after the

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Airline Garuda Indonesia defaults on $500 mln sukuk
July 5, 2021June 30, 2021 omqbbqcom

Airline Garuda Indonesia defaults on $500 mln sukuk

Business

Flag carrier Garuda Indonesia said it could not distribute coupon payments for its $500 million sukuk after a 14-day grace period, with the airline’s finances

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Japan Inc to fall far short of goal for more female managers
July 4, 2021June 30, 2021 omqbbqcom

Japan Inc to fall far short of goal for more female managers

Business

Women make up fewer than 10% of managers at most Japanese companies and a big majority of firms say it will be impossible to boost

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Scale of cash economy in South African townships stuns FirstRand
July 3, 2021June 30, 2021 omqbbqcom

Scale of cash economy in South African townships stuns FirstRand

Business

FirstRand has found offering banking to cash-only businesses in South African townships trickier than expected, but the firms involved are also far bigger than it

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Creditors can’t sue AirAsia X for another 9 months, says Malaysia court
July 2, 2021June 30, 2021 omqbbqcom

Creditors can’t sue AirAsia X for another 9 months, says Malaysia court

Business

The Malaysian high court has granted AirAsia X Bhd a nine-month extension on a restraining order which prevents creditors from filing any legal proceedings against

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BOJ tankan to show manufacturers’ Q2 mood improved
July 1, 2021June 30, 2021 omqbbqcom

BOJ tankan to show manufacturers’ Q2 mood improved

Business

Business confidence among Japan’s large manufacturers likely improved in the second quarter thanks to a boost to exports and corporate profits from a global demand

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U.S. safety agency probes 10 Tesla crash deaths since 2016
June 30, 2021 omqbbqcom

U.S. safety agency probes 10 Tesla crash deaths since 2016

Business

U.S. auto safety regulators said on Thursday they have opened 30 investigations into Tesla crashes involving 10 deaths since 2016 where advanced driver assistance systems

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