Italia markets open in 8 minutes
  • Reuters

    California to require garment industry to pay hourly wages to workers

    California Governor Gavin Newsom signed a bill on Monday that will ensure thousands of workers in the garment industry are paid a minimum wage by the hour instead of a piece-rate compensation. Newsom signed the Senate Bill 62, also called the Garment Worker Protection Act, and will pave way for garment workers in the state to get a minimum wage of $14 per hour for employers with 26 or more employees. "California is holding corporations accountable and recognizing the dignity and humanity of our workers, who have helped build the fifth-largest economy in the world," Newsom said in a statement.

  • Reuters

    Planemaker COMAC expects China's share of global passenger fleet to rise

    Chinese planemaker Commercial Aircraft Corp of China (COMAC) said on Tuesday it expected China's share of the global passenger aircraft fleet would rise to 22% by 2040 from 20% in 2020. Its latest market forecast said 41,429 passenger jets worth $6.2 trillion are expected to be delivered globally over the next 20 years. Passenger demand is expected to rise by an average of 3.9% a year globally and 5.7% a year in China over the next 20 years, the planemaker added.

  • GlobeNewswire

    Danone: Executive Committee Change

    Press Release – Paris, September 28, 2021 Bertrand Austruy, Chief Human Resources Officer and General Secretary, announced he will step down from his roles at Danone. Laurent Sacchi will succeed him as General Secretary. Chief Human Resources Officer succession will be announced in due course. After more than 20 years of a distinguished career with Danone, of which the last 7 on the Executive Committee, Bertrand Austruy has decided to leave the company to pursue different professional opportunit