South African factory workers protested against the dismissal of foreign employees, arguing that their skills are vital for protecting local jobs.
South African factory workers protested against the dismissal of foreign employees, arguing that their skills are vital for protecting local jobs.
Macumba Tagoe, the new Managing Director of the troubled Tema Oil Refinery has said his outfit will resume refining crude in the next three months.
Canada's central bank on Wednesday lowered its key lending rate to 4.5 percent, saying the second straight cut of 25 basis points was warranted due to slowing inflation. After an unexpected upturn in May, Canada's annual inflation rate slowed to 2.7 percent year-on-year in June, the bank said, paving the way for Wednesday's rate cut.
Unions representing Disneyland theme park employees in California reached a tentative deal with the company on Wednesday, averting a major strike at the "happiest place on Earth." Employees at its California theme parks have not gone on strike since 1984, according to the Los Angeles Times.
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