Negotiations between Boeing and the international association of machinists and aerospace workers have stalled, leaving over 32,000 workers on strike since September 13. The union's demands include a significant 40% pay raise and the restoration of a defined-benefit pension that was eliminated a decade ago.

Boeing Strike Costs U.S. $1 Billion Of GDP In Just Two Weeks | World Business Watch

The European commission has approved Nippon steel's $14.9 billion bid to acquire US Steel. This move removes a potential hurdle for the deal, which would create a steel giant with a combined capacity pushing Nippon steel closer to its goal of 100 million tons annually.

EU clears Nippon steel's $14.9 billion bid for US Steel

Tech giant Xiaomi has entered the electric vehicle market, unveiling its highly anticipated electric vehicle -- the su-7 sedan. Pricing of the cars will be the big focus, with Xiaomi hinting it will be roughly $70,000. Watch in for more details!

Tech giant Xiaomi enters electric vehicle market

WION Business Wrap | The top stories from the world of business & economy

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WION Business Wrap | Top stories from the world of economy and business

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WION Business Wrap | From Japan to the U.S: Top business and economy stories of the day

WION Business Wrap | The top business stories of the day summarised

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Activision blizzard, the maker of 'call of duty,' has agreed to pay approximately $50 million to settle a lawsuit filed by california's civil rights department. The suit, initiated after a two-year investigation, alleged systematic gender discrimination, including underpayment and denial of promotion opportunities for female employees.

Activision blizzard settles $50 million lawsuit over gender discrimination | World Business Watch

In a recent all-hands meeting, google and alphabet ceo sundar pichai faced tough questions as he addressed the company's massive 2022 layoffs. Defending the decision to cut 6% of alphabet's workforce, pichai acknowledged the impact on morale while emphasising the necessity of adapting to economic shifts for future growth.

CEO Sundar Pichai addresses layoffs at google's all-hands meeting | World Business Watch

The german government is tightening its purse strings and the first casualty seems to be the electric vehicles industry. The federal government has decided to end its subsidy programme for the sector.

Germany ends e-vehicle subsidy | World Business Watch

The ongoing political tensions have an underlying economic dimension to them. The thickly forested esequibo region is at the centre the dispute. While it is a part of english-speaking guyana, venezuela has revived its claim to the region. The dispute is at least two centuries old and has its origins in european colonialism. The dispute would have lingered without any flare up. But things took a drastic turn in 2015. U.s. Firm exxon found crude oil reserves in esequibo's offshore waters.

How oil discovery transformed esequibo dispute | World Business Watch

Indonesia workers are making a beeline for japan and this trend is likely to continue for the next few years. This is being seen as a win-win for both countries, as workers from indonesia secure employment while japan gets much-needed manpower.

Indonesian workers flock to japan | World Business Watch

In a smashing debut, the listing day gains for India's tata technologies were the greatest for any large Indian initial public offering. The company's value more than doubled.

Tata tech emerges as stock market star

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