Indian Register of Shipping experiences owner exodus

The lawsuit filed by four Indonesian fishermen against Bumble Bee Foods accuses the company of benefiting from forced labor on tuna ships where workers faced abuse, starvation, and lack of medical care. Greenpeace's findings raised concerns about tainted products in U.S. stores, prompting Bumble Bee to remove misleading claims from its marketing materials. The plaintiffs seek unspecified damages under a law allowing survivors of human trafficking to sue companies complicit in forced labor, shedding light...

Atletico Madrid faces Barcelona in a crucial LaLiga match after a controversial Champions League defeat to Real Madrid, leaving coach Diego Simeone frustrated with the referee's decision. Barca leads the title race by one point ahead of Real Madrid and Atletico, with a win on Sunday giving them control of their destiny as they aim for a treble in a promising season. Real Madrid also remains in contention for multiple trophies, with a chance to...

Ava Lee, a seasoned advertising professional, has spearheaded the success of Society in Hong Kong since its inception in 2017, securing major clients like Pizza Hut and BMW and earning accolades like "The Best Newcomers" and "Integrated Agency of the Year." Through innovative media planning strategies and a focus on fostering a transparent and inclusive agency culture, Lee has driven sustained business growth and high levels of employee satisfaction, while also championing community engagement initiatives...

South Korea faces acute labour shortages in its shipbuilding industry and has turned to Uzbekistan to recruit 280 workers who will be paid the minimum wage. This marks the first time a local government is directly involved in the recruitment process, with Ulsan providing shipbuilding training facilities in Uzbekistan. The pilot program will be evaluated for further expansion as South Korea seeks to address its ongoing manpower shortage by increasing skilled worker visas and forming...

Intel named Lip-Bu Tan, a former board member and chip industry veteran, as its CEO, signaling the company's commitment to keeping its chip-design and manufacturing operations together. Tan, known for his experience in the industry and as a technology investor, aims to restore Intel's position as a world-class products company and foundry. The announcement led to a 12% surge in Intel shares, providing hope for stability as the company navigates a significant transition. Full Article

On March 12, 2025, global markets experienced a rollercoaster ride due to shifting narratives around tariff measures and deteriorating trade relations, highlighted by President Trump's threat to double tariffs on Canadian steel and aluminum. This led to a market selloff, with US indices sliding and European markets reflecting unease. Despite this, Chinese markets rose as investors bet on Beijing's ability to cushion the impact. Additionally, a significant development was the US government's bold step into...