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Author's articles
New rules drive Japanese trucking sector to the brink
Fujio Uemura has to rest after driving fish all night to Tokyo, under new rules that trucking firms and experts say are crippling Japan's logistics sector and risk pushing up prices for consumers. Uemura used to spend mornings collecting fish products at various places in his home region and brought them to Tokyo on his own.
Boeing and workers reach tentative deal to end strike
Boeing and its striking Seattle-area workers have reached a tentative deal to end a more than month-long stoppage, the union said Saturday. The strike by some 33,000 unionized workers, mainly in Washington state, halted work at two Seattle-area assembly plants and production of its 737 MAX planes.
Chinese drone maker DJI sues Pentagon over blacklisting
Chinese drone maker DJI, which dominates the consumer global market, said Saturday it was suing the US Department of Defense, complaining that Washington had "erroneously" included the company on a Chinese military company blacklist.
Indonesia's Prabowo targets growth spurt with big projects
Indonesian President Joko Widodo leaves office Sunday with high approval ratings thanks to strong economic growth, but his successor Prabowo Subianto has bigger ambitions, including an eye-catching $28 billion free meal plan for students. His big campaign pledge is a $28 billion plan to supply tens of millions of schoolchildren and pregnant women nationwide with free meals.
Japan shifting back to nuclear to ditch coal, power AI
Glinting in the sun by the world's biggest nuclear plant, the Sea of Japan is calm now. In addition to the recently built sea wall, an embankment has been enlarged and reinforced.
US budget deficit widens to $1.8 tn, third highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt. In the latest fiscal year, there was a near 30 percent rise in spending on interest on the public debt, largely due to higher interest rates, the Treasury noted.
'Timebomb' ship highlights hazard of dangerous cargoes
A damaged ship, spurned by European ports because of its potentially explosive cargo, has been stranded in the North Sea for weeks while authorities work out what to do with it. After the vessel set off from the Russian port of Kandalaksha on August 22, it ran into a storm in the Barents Sea and limped, damaged, into the Norwegian port of Tromso for damage inspection.
P&G profits dip, says China recovery will take time
Procter & Gamble reported a decline in profits on slightly lower sales Friday as the company said a recovery in China was still a number of quarters away. Beauty sales were dented by volume declines in Greater China, where the super-premium SK-II skin care brand has been weak for a number of quarters.
US regulator probes Tesla's self-driving mode after crashes
The US auto safety regulator said Friday that it has opened an investigation into Tesla's Full Self-Driving (FSD) software after receiving four reports of crashes, one of which involved a pedestrian being struck and killed. "One of the crashes involved a pedestrian being struck and killed; one crash involved a reported injury," it said.
AFP
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