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Japan automaker unions' underwhelming pay demands challenge Abenomics

2016-02-17 12:55:08| Automakers - Topix.net

TOKYO, Feb 17 Japan's automaker labour unions are reducing their demands for pay rises for the next fiscal year from amounts sought the previous year, a move that could hamper the Abe government's efforts to stoke demand and defeat deflation. The annual "shunto" wage talks are seen as crucial for the ultimate success of Prime Minister Shinzo Abe's aim to generate virtuous growth led by higher incomes and business investment.

Tags: japan pay challenge demands

 

Apple Pay set to launch in China

2016-02-17 10:54:00| Telecompaper Headlines

(Telecompaper) The Apple Pay mobile payment system will be available in China from 18 February for customers of Industrial and Commercial Bank of China, according to social media posts by the bank's representatives. Apple previously said the system would launch in China in early 2016, making it Apple Pay's fifth country. ICBC is China's biggest lender by assets. An Apple spokeswoman declined to comment on ICBC's posts, Reuters reports, but Apple's China website lists 19 Chinese lenders as official Apple Pay partners. 

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Vimpelcom admits to corruption in Uzbekistan, will pay fines

2016-02-17 01:00:00| Total Telecom industry news

Russian-owned telco reaches settlements with U.S., Dutch authorities that acknowledge violations of corruption practices; Telenor 'takes it very seriously'.

Tags: pay fines uzbekistan corruption

 

PAY ATTENTION TO MANAGEMENT OF YEARLING BULLS

2016-02-16 23:33:45| Cattle Today

When producers recognize the need for genetic improvement in their herd, a new bull(s) is usually the most obvious solution.

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Large 'pay for delay' fine imposed by CMA

2016-02-16 20:09:31| Biotech - Topix.net

On the 12th of February 2016, the UK Competition and Markets Authority fined GlaxoSmithKline and the successor companies to Alpharma Limited around 45m in total for breaches of Chapter I of the Competition Act 1998, the prohibition against anti-competitive agreements. The case shows the continued danger in pharmaceuticals reaching settlement agreements in IP disputes with generic drug providers.

Tags: large pay fine delay

 

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