
Bankruptcies in the EU highest since 2015, Eurostat says
Bankruptcy declarations in the European Union reached the highest level since 2015 in the second quarter of this
2023-08-17 18:53

U.S. SEC says will continue to carefully review China IPO prospectuses
(Corrects spelling error in headline) WASHINGTON (Reuters) -The U.S. securities regulator will continue to carefully review issuer filings, it said
2023-08-16 23:29

Former Mozambique finance minister pleads not guilty in US federal court over $2 billion scandal
Mozambique’s former finance minister has pleaded not guilty in U.S. federal court in connection with a $2 billion corruption and money laundering scandal
2023-07-14 06:29

BOJ Policy Speculation Continues to Build in Runup to Meeting
Speculation that the Bank of Japan will make some kind of policy move this month continues to build
2023-10-23 13:45

KB Home Announces the Grand Opening of Its Newest Master-Planned Community, The Grove, in Popular Elk Grove, California
ELK GROVE, Calif.--(BUSINESS WIRE)--Nov 17, 2023--
2023-11-17 21:23

Yellen Confident on Ukraine-Aid Support, Upbeat on World Growth
Treasury Secretary Janet Yellen pledged more US financial assistance for Ukraine, saying she’s confident the effort will win
2023-09-08 13:46

BHP, South32 May Face South Africa Class Action on Lung Disease
BHP Group Ltd., South32 Ltd. and a unit of Seriti Resources Holdings Ltd. may face a class action
2023-08-16 16:50

Indian economy expected to sustain strong growth amid global gloom
By Aftab Ahmed NEW DELHI Indian economy is likely to continue its strong growth in the quarter to
2023-11-30 08:46

‘They abuse us’: Female workers making Fifa World Cup merchandise face systemic harm, says report
Female workers who produce Fifa merchandise for events such as the Women’s World Cup have endured pay below minimum wage, verbal abuse, unpaid overtime and threats of job loss if they fall pregnant, according to a new report by human rights researcher Equidem. Equidem has criticised Fifa for not taking action on a situation that seems to go against the advances the tournament has been responsible for, and president Gianni Infantino has been urged to extend “that progress to addressing the harms its women workers experience”. Equidem has put its report into the context of the litany of migrant labour abuses that occurred due to the men’s World Cup in Qatar and asked why there has been no update from a human rights subcommittee that was supposed to be set up to assess the legacy of that event, raising questions about Fifa’s expressed commitment to improving working conditions. The report features interviews with women workers in factories in Bangladesh that make official merchandise for Fifa events, and involves distressing testimonies including verbal abuse and the illegal denial of worksite childcare and maternity leave. Equidem heard several stories of women denied freedom of association. “We have a daily target to reach,” one worker said. “The supervisor fixes our daily target. I make 60-80 pieces per hour. I can only go to the restroom after finishing my hourly target. When a lot of work piles up, they don’t let us go anywhere. They verbally abuse us. I work for 10-12 hours a day at my sewing machine. Today, my supervisor told me to give 80 pieces per hour, but it was quite difficult to make 80 pieces. I made 60 pieces per hour. He shouted at me several times. “I can’t keep my son with me. I work between eight and 12 hours every day. Who will look after him? I searched for someone to leave my son with when I went to work, but I did not get anyone. We don’t have a childcare room in our factory. My son lives in Dhaka with my mother-in law and father-in-law.” Workers described a common practice of being told they would lose their jobs if they became pregnant during the first two years of employment. One woman employed as a sewing machine operator explained: “When I started working here, the factory doctor told me not to have babies for the first two years. I was told that after completing two years, I can have children. If I get pregnant before that, I will have to resign. They will not give me any leave.” Some workers spoken to by Equidem reported that they did not get paid any maternity leave at all, even though they are supposed to be legally entitled to four months, making it a clear violation of Bangladeshi law. Equidem’s CEO Mustafa Qadri states: “After the Men’s World Cup this past year in Qatar, FIFA pledged to set up a human rights subcommittee that would assess the legacy of the 2022 tournament, although there has been no further update as to the status of that assessment, nor its learnings. Equidem urges FIFA to extend its expressed commitment to improving working conditions to women workers in their apparel supply chains. "Yet, the world has seen significant advances in pay parity for women players, including making the Women’s World Cup more professional, ensuring equal regulations and conditions, and fair distribution of prize money to players. The United States team, after years of negotiations, public battles, and court filing won an equal pay deal that makes them one of the best-paid national teams in the world. "The FIFA Women’s World Cup 2023 brings with it many positive improvements for its players, and it is crucial that FIFA extends that progress to addressing the harms its women workers experience. FIFA has the power, money, and resource to address this at the systemic level, and we will keep monitoring their global supply chains until it does. “This movement toward gender parity within FIFA, signals a heightened commitment within the organisation to fair conditions for women players—on par with their male counterparts. This should extend to all women, not just those under the stadium lights.” A Fifa spokesperson said: “FIFA has stringent labour rights requirements for companies producing FIFA-licensed goods and takes any allegation of labour rights abuse in its supply chain very seriously. FIFA is in contact with both Equidem and the respective companies to further investigate the matter.” Read More Fifa urged to make human rights key consideration for World Cup 2030 host ‘Matter of when not whether’ UK hosts Women’s World Cup – sports minister Kevin De Bruyne says new approach to added time ‘doesn’t make any sense’ How much added time? Football’s new guidelines and the impact they will have Raphael Varane says players’ opinions ignored over ‘damaging’ new guidelines
2023-08-10 17:18

Greek Premier Sees No Impact on UK Relations From Elgin Marbles Feud
Greece’s relationship with the UK won’t be affected by Prime Minister Rishi Sunak’s decision to cancel a planned
2023-11-29 17:45

Beeworks Games: Mobile Game “Mushroom Garden Prime” Now Available in Australia & New Zealand on iOS/Android
TOKYO--(BUSINESS WIRE)--Nov 23, 2023--
2023-11-24 04:15

Mitsubishi Motors Suspends China Business After Sluggish Sales
Mitsubishi Motors Corp. has suspended its China business indefinitely and will lay off staff after years of poor
2023-07-14 12:28
You Might Like...

Chile's Codelco sees lower copper output, more stoppages in 2023

War plunged Israel’s agricultural heartlands into crisis, raising fears for its farming future

US debt crisis: Biden vows 'no default'

Sydell Group Weighs Sale of Boutique NoMad Hotels Brand

Cleaner Air at Your Doorstep: AURA Launches the Ion Bar™, Redefining Indoor Air Quality and Safety

Credit Suisse CEO Ulrich Körner to join UBS board

Column-Leveraged funds' record short Treasuries bets surge again: McGeever

Royal Bank of Canada's profit rises on strength in lending business