DIRS.INFO The most relevant business & tech news

☆ Analysis: Panama and First Quantum harden battle lines over key copper mine
▼ + stars: | 2023-01-03 | by ( Valentine Hilaire | ) www.reuters.com time to read: +5 min

However, no agreement was forthcoming, prompting the two sides to raise the stakes to protect their interests in the mine, known as Cobre Panama. "Cobre Panama is the only metal mine operating in the country and many foreign companies started operations in Panama with its arrival. Failure to reach a deal could spook foreign investors at a time when Panama is looking to develop three other copper deposits that could bring in similar investments to Cobre Panama, said Morales. First Quantum paid $61 million in royalties to Panama's government in 2021, while the Cobre Panama mine posted sales revenues of $3.2 billion for the year, company data show. LUCRATIVE ASSETIn 2021, Cobre Panama represented more than half of First Quantum's earnings before interest, tax depreciation and amortization (EBITDA).

Follow along for live coverage of the World Cup. Morgan had asked for "the honest, realistic total" of migrant workers who had died in the course of contributing to projects somehow related to the World Cup. The figure has not previously appeared in official reports from the Supreme Committee or FIFA, soccer's global body. There are about 2 million migrant workers in Qatar — an estimated 95 percent of the country’s total working population. Thousands of young men from south Asia worked on this and other World Cup projects.

☆ How Qatar ended up hosting the World Cup
▼ + stars: | 2022-11-23 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

CNN —With the World Cup now underway in Qatar, many are wondering how this moment arrived – that a tiny Gulf nation with little footballing history ended up hosting the biggest event the sport has to offer. The country’s World Cup debut was 12 years in the making, a period in which Qatar’s host status has stirred controversy within the footballing community and beyond. Those included a lack of existing infrastructure and the region’s intense heat in the summer, when World Cup tournaments are traditionally held. But questions about just how Qatar won the right to stage the World Cup continue. Meanwhile, Qatar’s state-backed discrimination against LGBTQ people has also been criticized in the years leading up to the World Cup.

☆ Shein factory employees are working 18-hour days for pennies per garment and washing their hair on lunch breaks because they have so little time off, new report finds
▼ + stars: | 2022-10-16 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Workers who make clothes sold on Shein get as little as 4 cents for each item they make, according to a new investigation. They often work 18-hour days with one day off per month, Channel 4 and The i newspaper reported. Some workers even wash their hair on their lunch breaks because they have so little time left after work, according to the report. Employees are hit with a fine amounting to two-thirds of their daily wages if they make even one mistake, according to the report. In one of the factories, female employees washed their hair on their lunch breaks because there is so little time left after work.

☆ The Teen Mental Health Industry Is Failing Them - The New York Times
▼ + stars: | 2022-10-11 | by ( Alexander Stockton | ) www.nytimes.com time to read: +26 min

Sometimes they are treated in ways that are illegal to treat prisoners, let alone kids seeking mental health treatment. But former patients from residential treatment facilities whom Times Opinion interviewed said they received one-on-one therapy only once a week, if that. The company owns dozens of hospitals and hundreds of behavioral health facilities and makes about $11 billion a year. In 2017, when he was 15 years old, his mother, Renee Hanania, sent him to a UHS facility in Virginia. America’s patchwork mental health treatment is still insufficient.

☆ Exclusive: Saudi Arabia buys pair of SpaceX astronaut seats from Axiom -sources
▼ + stars: | 2022-09-20 | by ( Joey Roulette | ) www.reuters.com time to read: +4 min

Under the deal, two Saudi astronauts will ride SpaceX's Crew Dragon capsule to the space station for a roughly weeklong stay early next year, the sources said. Officials with the Saudi Space Commission, Riyadh's space agency founded in 2018, were not immediately available to comment. The Saudi astronauts will join two previously announced Americans, retired NASA astronaut Peggy Whitson and race car driver and investor John Shoffner, the sources said. Axiom launched its first private mission to the space station in April, sending a four-man crew to the space station aboard a SpaceX Crew Dragon capsule that included a Canadian investor and an Israeli businessman. Axiom's astronaut flight business is crucial experience for the company's broader goals of deploying its own private space station by mid-decade.

☆ Saudi Arabia buys pair of SpaceX astronaut seats from Axiom
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: +3 min

Under the deal, two Saudi astronauts will ride SpaceX's Crew Dragon capsule to the space station for a roughly weeklong stay early next year, the sources said. Officials with the Saudi Space Commission, Riyadh's space agency founded in 2018, were not immediately available to comment. The Saudi astronauts will join two previously announced Americans, retired NASA astronaut Peggy Whitson and race car driver and investor John Shoffner, the sources said. For Axiom and other space companies, cutting deals with foreign governments is seen as vital to sustaining a business centered on putting people in space. Axiom's astronaut flight business is crucial experience for the company's broader goals of deploying its own private space station by mid-decade.

Search resuls for: "International Labor"

7 mentions found