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Samsung Electronics union announces first-ever strike
Samsung Electronics union announces first-ever strike
Technology
by  AFP

A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said Wednesday that workers will go on strike for the first time ever, potentially threatening key global semiconductor supply chains. If the strike goes ahead, it would be the first-ever walkout by workers at the South Korean tech giant.

Asian markets retreat on US rate concerns, oil rallies after attack
Asian markets retreat on US rate concerns, oil rallies after attack
Economy
by  AFP

Most equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their rally after an attack on a ship in the Red Sea stoked fresh worries about supplies from the Middle East. Oil prices rose again on geopolitical concerns after a bulk carrier was attacked in the Red Sea, a key waterway for shipping and particularly crude.

'Two Mexicos' prepare to vote amid economic divide
'Two Mexicos' prepare to vote amid economic divide
Economy
by  AFP

One runs an aerospace parts maker, the other works in a restaurant near a major new oil refinery -- both women will vote in Mexican elections this weekend, but they could be from different countries. When the refinery was under construction, the restaurant where she works benefited from the arrival of hundreds of construction workers.