News in Brief podcast | Week 30 2024 | Surcharges, strikes and IATA's stressful settlements
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
South Korea is having a bad time of it. If the problems at Samsung and Hanjin weren’t enough, now the automotive industry is finding life tough. Workers at Hyundai have organised the first all-out strike in more than 12 years, halting all domestic assembly lines. While the first strike ended on Monday night, more are planned through the rest of the week. Local factories account for 40% of Hyundai’s output, and will affect vehicles destined for the US, Middle East and some Asian markets. There is one upside for Hyundai – it was facing a high inventory, with more than three months’ worth of supply in the US. WSJ reports.
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