Rail unions decry, businesses praise Biden’s call for Congress to block strike

Rail unions decry, businesses praise Biden's call for Congress to block strike

New York CNN Business — President Joe Biden was in the unusual position Tuesday of being praised by business interests and attacked by his normal allies in the labor movement after calling for Congress to move immediately to block a strike by more than 100,000 union members at the nation’s freight railroads set for the … Read more

Great Barrier Reef should be placed on the ‘in danger’ list, UN-backed report shows

Great Barrier Reef should be placed on the 'in danger' list, UN-backed report shows

CNN — The Great Barrier Reef should be added to the list of world heritage sites that are “in danger”, a team of scientists concluded after conducting a mission to the world’s largest coral reef system. In a new UN-backed report released on Monday, the scientists said that the reef is facing major threats due … Read more

China markets fall as protests erupt over Covid lockdowns

China markets fall as protests erupt over Covid lockdowns

hong kong CNN Business — China’s major stock indices and its currency traded sharply lower on Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It has since pared some losses and closed down … Read more

Apple has a huge problem at Foxconn’s iPhone factory in China

Apple has a huge problem at Foxconn's iPhone factory in China

hong kong CNN Business — A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy is hurting global technology firms. The troubles started last month when workers left the factory campus in Zhengzhou, the capital of … Read more

Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus

Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus

hong kong CNN Business — Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China. The Apple supplier made the offer Wednesday following dramatic scenes … Read more

Zhengzhou, China: Protesters at Foxconn factory clash with police, videos show

Zhengzhou, China: Protesters at Foxconn factory clash with police, videos show

Beijing/Hong Kong CNN Business — Workers at China’s largest iPhone assembly factory were seen confronting police, some in riot gear, on Wednesday, according to videos shared over social media. The videos show hundreds of workers facing off with law enforcement officers, many in white hazmat suits, on the Foxconn campus in the central Chinese city … Read more

Kamala Harris’ visit to the Philippines sends China a message of US intent

Kamala Harris' visit to the Philippines sends China a message of US intent

CNN — A Philippine archipelago known for tropical vacations will become the focus of political attention this week when Vice President Kamala Harris becomes the highest ranking US official to visit its main island. Palawan is home to dive resorts as well as a Philippine military base that Harris will visit on Tuesday, according to … Read more

Zaporizhzhia: IAEA warns whoever was behind ‘powerful explosions’ at nuclear plant is ‘playing with fire’

Zaporizhzhia: IAEA warns whoever was behind 'powerful explosions' at nuclear plant is 'playing with fire'

CNN — Powerful explosions rocked the Zaporizhzhia nuclear power plant in Ukraine this weekend, renewing concerns that fighting so close to the facility could cause a nuclear accident. The head of the International Atomic Energy Agency (IAEA), Rafael Grossi, said that whoever was responsible for the attacks was “playing with fire,” reiterating a warning he … Read more

Elon Musk restores Donald Trump’s Twitter account

Elon Musk restores Donald Trump's Twitter account

CNN — Former US President Donald Trump’s Twitter account has been reinstated on the platform. The account, which Twitter banned following the January 6, 2021, attack on the Capitol, was restored after Twitter CEO and new owner Elon Musk posted a poll on Twitter on Friday night asking the platform’s users if Trump should be … Read more

COP27: Summit agrees on climate fund for ‘loss and damage’ in landmark deal

COP27: Summit agrees on climate fund for 'loss and damage' in landmark deal

Sharm el-Sheikh, Egypt CNN — Delegates from nearly 200 counties at the COP27 climate summit have agreed to set up a loss and damage fund meant to help vulnerable countries cope with climate disasters, in a landmark deal early Sunday morning in Sharm el-Sheikh, Egypt. But while the deal represents a breakthrough in what has … Read more