California Truckers Halt 'gig-worker' Law Protests Over Weekend As Port Activity Slows

California Truckers Halt ‘gig-worker’ Law Protests Over Weekend As Port Activity Slows

By RachnaManojkumar Dhanrajani and Lisa Baertlein (Reuters) – Independent truckers who have been protesting at California’s busy Oakland seaport over the past week against a new state law known as the “gig-worker” law took a break on Saturday, when the port business slowed to a crawl. But some truckers said protests may resume on Monday…

Read More
China's Home-grown C919 Jet Nears Certification As Test Planes Complete Tasks

China’s Home-grown C919 Jet Nears Certification As Test Planes Complete Tasks

SHANGHAI (Reuters) – China’s homegrown C919 narrow-body jet, designed to challenge the Airbus-Boeing duopoly, is nearing certification as its test planes completed all of the test flight tasks, the company said on Saturday. The state-owned manufacturer Commercial Aircraft Corp of China (COMAC) said on its official social media account that the six test planes have…

Read More
China Evergrande CEO, CFO Step Down After Probe Into Property Services Unit

China Evergrande CEO, CFO Step Down After Probe Into Property Services Unit

(Reuters) -China Evergrande Group said on Friday that its chief executive officer and finance head have resigned after a preliminary probe found their involvement in diverting loans secured by its publicly listed unit to the group. The indebted company was investigating how deposits worth 13.4 billion yuan ($1.99 billion) belonging to the unit, Evergrande Property…

Read More