Samsung, Union Agree to 5% Wage Hike in 2025 After Tensions Ebb

(Bloomberg) — Samsung Electronics Co. and its largest labor union have tentatively agreed to a 5.1% wage increase and stock awards for staff in 2025, signaling efforts by the two sides to defuse tensions that triggered the company’s first-ever labor strike last year.  Under an initial agreement, Samsung will for the first time give 30 … Read more

Nayara, Jio-BP sells fuel at a discount; the state-owned OMC loses market share

Nayara, Jio-BP sells fuel at a discount; the state-owned OMC loses market share

2025-01-29 05:00:00 : New Delhi: Private fuel retailers are reducing prices and falling into the market share of its public sector, and use cheaper Russian crude oil as customers. Since March 2024, the government owned by the government (OMC), which has occupied fuel retail in India, has not touched the price Bleak5 in some areas. … Read more