DIRS.INFO The most relevant business & tech news

☆ Metal detectorists find 2,000-year-old Iron Age gold treasure in Welsh first
▼ + stars: | 2023-08-15 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —Gold coins dating back more than 2,000 years have been found by metal detectorists in Wales, making them the first hoard of Iron Age gold coins to have been discovered in the country. The precious metals were unearthed by three metal detectorists in a field between July 2021 and March 2022. ‘Rich archaeological landscape’The gold coins’ elaborate design derives from those of Philip II, who ruled the ancient kingdom of Macedonia from 359 BC to 336 BC. The gold coins' elaborate design derives from those of Philip II. The staters could also have been used as “offerings to the gods” to fulfill a vow, according to National Museum Wales.

Persons: Lloyd Roberts, ”, Museum Wales Roberts, Peter Cockton, Tim Watson, “, ” Watson, Watson, ‘, Philip II, Sean Derby Organizations: CNN, National Museum Wales, Amgueddfa Cymru, Museum Wales, Museum Wales Another, Gwynedd Archaeological, Environment, Oriel Locations: Wales, Anglesey, East Midlands, Macedonia, Gwynedd, North, West Wales

☆ Treasury Secretary Janet Yellen says China's slump has spillover risks but her US outlook is still positive
▼ + stars: | 2023-08-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Treasury Secretary Janet Yellen said China's economic snags pose some risks to the US. "China's slowdown will have the largest impact on its Asian neighbors, but there will be some spillovers to the United States." She maintained that the US labor market remains strong while inflation trends downward after the Federal Reserve's 11 interest rate hikes. "When Americans are asked about their own personal financial situation, 70% or more say they feel very good," Yellen said. The Treasury chief's comments follow President Joe Biden's remarks that China's economy is a "ticking time bomb," given its growth and demographic issues.

Persons: Janet Yellen, Yellen, they're, Joe Biden's, They've, Biden, David Dollar Organizations: Service, Bloomberg, Federal, Reuters, Brookings Institution Locations: United States, Wall, Silicon, Las Vegas, Utah, Beijing, China

REUTERS/David Dee Delgado/File PhotoNEW YORK, Aug 14 (Reuters) - Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates ranging from convicted sex trafficker Ghislaine Maxwell to Honduras' former president have complained of subpar conditions. In recent years, MDC has been plagued by persistent staffing shortages, power outages and maggots in inmates' food. Earlier this year, a guard pleaded guilty to accepting bribes to smuggle in drugs. It is now the jail housing detainees awaiting federal trials in New York City, after the Manhattan Correctional Center closed in 2021 for improvements. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, David Dee Delgado, Fried, Ghislaine Maxwell, District Judge Lewis Kaplan, Maxwell, Jeffrey Epstein, Hannibal Lecter's, Epstein, Kaplan, Juan Orlando Hernandez, Guo Wengui, Hernandez, Luc Cohen, Noeleen Walder, Daniel Wallis Organizations: FTX, REUTERS, District, Detention, MDC, The U.S . Bureau of Prisons, Manhattan Correctional Center, MCC, Fox, U.S . State Department, Thomson Locations: Manhattan, New York City, U.S, Brooklyn, Honduras, Palo Alto , California, Brooklyn's, United States, Florida, The, Putnam County, Bahamas, Chinese, New York

☆ Have insurance, will travel: Here's why millennials and Gen Z are paying for trip coverage
▼ + stars: | 2023-08-13 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

Piola666 | E+ | Getty ImagesDespite inflation, Gen Z and millennials are determined to travel this summer, even if it means spending a bit more. watch nowBy opting to buy travel insurance, younger people's plans are more protected, added Droesch. Pandemic leaves travel jitters in wakeMany travel plans were canceled during the Covid-19 pandemic and many disappointed buyers got no refunds, even if they had travel insurance because unforeseen events such as the Covid-19 lockdown weren't covered. Millennials are entering their 40s, and much of Gen Z have graduated college and are starting their careers. While travel insurance sounds like a good idea, travelers should be aware of the different types of travel insurance that exist and be sure of which type they buy.

Persons: Rome, Gen Zers, —, Mary Hines Droesch, Z, they're, Hopper, Hayley Berg, Berg, Millennials Organizations: Bank of America, Finance, College Locations: U.S

☆ China's economy is showing signs of serious trouble — and the problems are still mounting
▼ + stars: | 2023-08-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +9 min

Deflation — the trend of prices falling throughout the economy — presents a particularly dangerous trajectory for China, which carries a massive amount of debt. The main components of GDP on the demand side — consumption, investment, net exports — they all have serious problems right now." A shaky property marketMost of China's economic troubles tie directly into its property market. Roughly a quarter of China's population works in agriculture — well above the 3% mark in the US — and that presents its own productivity limitations. From an unstable, debt-ridden property market to anti-business policies and demographic issues, Beijing has plenty to tackle if it hopes to match the same growth as decades past.

Persons: David Dollar, Biden, Dexter Roberts, Roberts, Terry Group, it's, Xi Jinping Organizations: Service, China's National Bureau of Statistics, People's Bank of, Federal Reserve, Brookings, Bloomberg, JPMorgan, Financial Times, China's, Global, US Census Bureau, Atlantic Council, Communist Party, Garden Holdings, Beike Research Institute, Terry Locations: Beijing, Wall, Silicon, China, People's Bank of China, China's US, Western, Russia, Asia, Ukraine, Mexico, China cratered, Rocky

Official data on Friday showed the economy grew 0.2% in the second quarter, against the consensus for a flat reading in a Reuters poll of economists. The strong showing bolstered bets that the BoE would keep on raising interest rates, given the central bank stressed this month that resilience in the economy was one of the factors that would underpin its judgement. The central bank itself had pencilled in growth of 0.1% for the second quarter. "With much of the drag from higher interest rates still to come, we are sticking to our below-consensus forecast that the UK is heading for a mild recession later this year," said economist Ruth Gregory from consultancy Capital Economics. Reporting by Andy Bruce and David Milliken; editing by William James, Kate Holton and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Sterling, BoE, Neil Birrell, Jeremy Hunt, Ruth Gregory, Andy Bruce, David Milliken, William James, Kate Holton, Christina Fincher Organizations: Bank of England, U.S ., Reuters, Bank of, Miton, National Statistics, Manufacturing, Reuters Graphics, Capital Economics, Thomson Locations: Bank of England, Britain, Germany, France, Italy, United States

☆ President Biden says China's economy is a 'ticking time bomb' amid growth and demographic issues
▼ + stars: | 2023-08-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

China's economy is plagued with problems and is a "ticking time bomb," President Biden said. The president pointed to sluggish growth and high unemployment in the nation. At a Utah fundraiser on Wednesday, the president pointed to various problems plaguing China's economy, including the country's weak growth prospects and high unemployment rate. Meanwhile, China's youth unemployment rate notched a record 21% in July, due to a lack of high-skilled and high-paying jobs in the nation. That could put US-China relations on "collision course" that ends up weighing on the global economy, according to "Dr. Doom" economist Nouriel Roubini.

Persons: Biden, Joe Biden, They've, That's, Doom, Nouriel Roubini Organizations: Service, Reuters, Group Locations: China, Wall, Silicon, Utah, Beijing, Taiwan

☆ Manhattan renters are now forking out a record-breaking average of $5,588 per month, even though people are still flooding out of New York
▼ + stars: | 2023-08-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Rent in New York City keeps hitting record highs even as migration from the city and state soars. In Manhattan, average rent in July was $5,588, up 2.2% from June and 9.3% from the previous year. People have been moving from New York State to low-tax Florida, as well as neighboring states. The surging average rental prices across New York City come despite people moving out in droves in recent years. New York City and surrounding areas like Long Island had some of the US' highest rates of negative net domestic migration between 2021 and 2022.

Persons: Miller Samuel, Douglas Elliman, It's Organizations: New York City, New York State, Service, Empire, Census Bureau, US Locations: New York, Manhattan, Florida, Wall, Silicon, New York City, Central, Brooklyn, Queens, New York County, New York State, New, Pennsylvania , Connecticut, New Jersey . New York City, Long

Chinese e-commerce giant Alibaba on Thursday said revenue grew by 14% year on year in the quarter ended June 30. Here's how Alibaba did in the June quarter versus Refinitiv consensus estimates:Revenue: 234.16 billion yuan ($32.29 billion) versus 224.92 billion yuan expected, up 14 % year on year. 234.16 billion yuan ($32.29 billion) versus 224.92 billion yuan expected, up 14 year on year. Net income attributable to ordinary shareholders: 34.33 billion yuan versus 28.66 billion yuan expected, up 51% year on year. Alibaba's main business, Taobao and Tmall Group, saw revenue rise 12% year on year to 114.95 billion yuan in the June quarter.

Persons: Alibaba Organizations: Artificial Intelligence, Tmall Locations: Shanghai, China, U.S

☆ Reaction to China inflation data
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +5 min

Below are comments from analysts on the inflation data:XING ZHAOPENG, SENIOR CHINA STRATEGIST, ANZ, SHANGHAI"Both CPI and PPI in year-on-year terms fell into negative territory and confirmed economic deflation. "With destocking and credit expansion, we expect PPI and CPI will rebound from the bottom in the fourth quarter. The CPI deflation may put more pressure on the government to consider additional fiscal stimulus to mitigate the challenge." XIA CHUN, CHIEF ECONOMIST, YINTECH INVESTMENT HOLDINGS, HONG KONG"The lower inflation data reflects weak demand on the mainland, which is biggest challenge facing China's economy. It also shows China's slower-than-expected economic rebound is not strong enough to offer the weaker global demand and lift commodity prices."

Persons: XING ZHAOPENG, CHUAN, FRANCES CHEUNG, Rather, ZHIWEI ZHANG, MARCO SUN, XIA CHUN, GARY NG, Liangping Gao, Ellen Zhang, Winni Zhou, Samuel Shen, Li Gu, Sam Holmes Organizations: ANZ, CPI, PPI, OCBC, SHANGHAI, MUFG BANK, ASIA PACIFIC, Thomson Locations: BEIJING, CHINA, SHANGHAI, China, SINGAPORE, HONG KONG, Japan, Beijing, Shanghai, Hong Kong

☆ An oversupply-led plunge in pork price has pushed the Chinese economy into deflation
▼ + stars: | 2023-08-09 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Pork prices are a significant driver of the consumer price index, and have fallen 26% year-on-year. Pork is the largest driver of the country's Consumer Price Index basket, comprising approximately 3% of it, per the Economist Intelligence Unit. "A rough rule of thumb is therefore that a 10% increase in the pork price will push up the CPI by 0.3%," the EIU said in a research note. The swing in pork prices over the past many years has thrown a huge challenge in front of China's hog farmers. This oversupply and resulting decline in pork prices has weighed heavily on the country's consumer price index, pushing the country into the region of deflation.

Persons: Oversupply, Xi Organizations: Service, Intelligence Unit, National Bureau, Statistics Locations: Wall, Silicon, China, Beijing

☆ China’s Exports Fall Again, Imperiling Its Economic Recovery
▼ + stars: | 2023-08-08 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

In the first seven months of the year, exports to the United States declined 18.6 percent compared with the same period last year, while shipments to the European Union fell 5 percent. Exports to Russia, which has been hit with Western sanctions over its invasion of Ukraine, increased more than 70 percent. “There has been general weakness in demand for China’s exports,” he said. A real estate crisis and weak spending by consumers have put pressure on Beijing to increase exports to help stabilize the economy. But the trade numbers released on Tuesday suggest weak demand may exacerbate a global slowdown.

Persons: Paul Donovan, ” Organizations: European Union, UBS, Officials, China Locations: United States, Russia, Ukraine, Mexico, Canada, China, Beijing

☆ China has a case of 'economic long COVID' - and won't use the only cure for growth, expert says
▼ + stars: | 2023-08-06 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

China is suffering from "economic long COVID," Adam Posen wrote in Foreign Affairs. Like other authoritarian regimes, China's economic development is following a predictable pattern, he noted. "Low appetite for illiquid investment and low responsiveness to supportive macroeconomic policies: that, in a nutshell, is economic long COVID," he wrote. Despite the West's growing tensions with Beijing, China's economic woes aren't necessarily good news for its rivals either, Posen said. "When another global recession hits, China's growth will not help revive demand abroad as it did last time.

Persons: Adam Posen, Peterson, —, Goldman Sachs, It's, Xi, COVID, Posen, there's Organizations: Foreign Affairs, Service, Peterson Institute for International Economics, Bank of America, Monetary Fund, Organization for Economic Cooperation, Development, China's Communist Party Locations: China, Wall, Silicon, Beijing, Posen

☆ UK hiring falls at fastest pace in over three years, wage growth slows
▼ + stars: | 2023-08-06 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

Workers travel through London Bridge rail and underground station during the morning rush hour in London, Britain, September 8, 2021. A gauge of permanent staff hiring by the Recruitment and Employment Confederation and accountants KPMG fell to 42.4, the lowest since the 34.3 in June 2020 when the country was in lockdown due to the COVID-19 pandemic. While starting pay for new permanent staff rose sharply by pre-pandemic standards, the rate of wage growth was the lowest since April 2021, REC said. Official data showed unemployment rose to 4% in the three months to May, a 16-month high, although annual wage growth remained at a record high of 7.3% in cash terms. REC said the availability of both temporary and permanent workers to fill jobs hit the highest since December 2020.

Persons: Toby Melville, Neil Carberry, Claire Warnes, Suban Abdulla, David Milliken Organizations: REUTERS, KPMG, REC, Bank of England, BDO, Thomson Locations: London, Britain

☆ Ann Patchett on Summer Love and Her New Novel
▼ + stars: | 2023-08-04 | by ( ) www.nytimes.com time to read: +1 min

Ann Patchett’s new novel, “Tom Lake,” is set in northern Michigan during the early days of pandemic lockdown, and centers on a mother telling her grown daughters about the summer fling she had in her youth with an actor who went on to become a big star. “If a person writes a book about a serial killer, no one ever comes back around and says, This isn’t realistic,” Patchett says. It’s — do you want me to put some zombies in my novel? I have been on the receiving end of endless kindness and love in my life. We would love to hear your thoughts about this episode, and about the Book Review’s podcast in general.

Persons: Ann Patchett’s, Tom Lake, Alexandra Jacobs, Tom Lake ”, Gilbert Cruz, Patchett, It’s, ” Patchett, Thornton Wilder’s Organizations: Times, Parnassus Locations: Michigan, Nashville, Tenn

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File PhotoAug 4 (Reuters) - Shares of Tupperware Brands (TUP.N) surged 44% on Friday, after the kitchen storage container maker finalized a debt restructuring deal as it attempts a turnaround of its business, reinvigorating retail investors' interest in the company. It was the seventh most traded stock by retail investors at 10:00 a.m. The share gains were reminiscent of eye watering "meme stocks" rallies, where retail investors coordinate on social media and typically focus their speculative bets on companies that were financially struggling or had high short interest. Tupperware was the second most actively traded single stock by retail traders over the past week, according to a J.P.Morgan note.

Persons: Brendan McDermid, Tupperware, Bartosz, stocktwits.com, Peter Earle, Medha Singh, Savyata Mishra, Krishna Chandra Organizations: New York Stock Exchange, REUTERS, Tupperware Brands, American Institute for Economic Research, American, Corp, Thomson Locations: New York City, U.S, Florida, Bengaluru

☆ Gen Z workers are lazy, some bosses say. They don't do anything unless every second of their day is managed.
▼ + stars: | 2023-08-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Some Gen Z employees aren't sure how to interact in-person after starting their careers from home. "Lazy" younger workers need a lot of hand-holding, managers told The Wall Street Journal. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Despite perceptions of their managers, nearly half of Gen Z workers say it's not laziness that causes an inability to self-start but rather stress and anxiety. Deloitte's 2023 Gen Z and Millennial Survey found that many young professionals feel exhausted or disengaged at work.

Persons: Laura Davis, they're, Gen Zers, Boomer, Ivan Schury, he's, Schury, Z Organizations: Wall Street, Service, John Ball Zoo, Survey Locations: Wall, Silicon, UK, Germany, France, Poland, Japan

☆ Fact Check-Daughter of WEF leader didn't call for ‘permanent climate lockdowns’ in 2020 clip
▼ + stars: | 2023-08-02 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

There is no evidence Nicole Schwab, World Economic Forum (WEF) leader Klaus Schwab’s daughter, publicly called for “permanent climate lockdowns.” Yet, posts on social media link to a headline that says: “Klaus Schwab’s Daughter: ‘Permanent Climate Lockdowns Coming – Whether You Like It or Not.’”It stems from an article published by ‘The People’s Voice’ website on July 30 (here). Reuters did not find any credible reports that Nicole Schwab made a call for “permanent climate lockdowns” (archive.is/wip/dm6il), and a spokesperson for the WEF said to Reuters that she made no such remark. The article itself and the evidence it includes also do not show Schwab proposing permanent climate lockdowns. The article does not call for a “permanent climate lockdown,” however. The video linked in the article does not feature Nicole Schwab making a call for permanent climate lockdowns.

Persons: Nicole Schwab, Klaus Schwab’s, “ Klaus Schwab’s, ‘, Schwab, Klaus Schwab, Kunal Kumar, Covid, Kumar, Spokespeople, Read Organizations: Economic, Reuters, Indian Ministry of Housing, Urban Affairs

☆ Senate Buildings in Lockdown After Report of Active Shooter
▼ + stars: | 2023-08-02 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/u-s-capitol-police-searching-senate-office-buildings-after-report-of-active-shooter-2942dc09

Persons: Dow Jones

☆ Major global firms warn of slow China sales as post-pandemic surge fades
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +4 min

Aug 2 (Reuters) - From consumer goods giant Unilever (ULVR.L) to automaker Nissan (7201.T) and machinery maker Caterpillar (CAT.N), global firms have warned of slowing earnings in China as the world's second-largest economy loses its post-pandemic bounce. A continued rebound has been limited to a handful of sectors such as dining and luxury goods, driving double-digit China sales growth for the likes of Starbucks (SBUX.O) and LVMH (LVMH.PA). Volkswagen (VOWG_p.DE) cut its full-year sales target last week due to a sales dip in China, its top market. "Unfortunately, our (China) sales outlook is now falling far below our production capacity," Nissan CEO Makoto Uchida said last week. "We mentioned during our last earnings call that we expected sales in China to be below the typical 5% to 10% of our enterprise sales.

Persons: Graeme Pitkethly, we're, Makoto Uchida, Jim Umpleby, Jacob Stausholm, Louis Vuitton, Tiffany, Jean, Jacques Guiony, Mimosa Spencer, Sophie Yu, Brenda Goh, Richa Naidu, Melanie Burton, Daniel Leussink, Victoria Waldersee, Miranda Murray, Rishav Chatterjee, Deborah Sophia, Ananya Mariam Rajesh, Yuvraj Malik, Miyoung Kim, Christopher Cushing Organizations: Unilever, Nissan, Caterpillar, Starbucks, Procter, Gamble, L'Oreal, Global, Volkswagen, Samsung, SK Hynix, Apple, Rio Tinto, Tinto, Yum, HK, KFC, Kailyn, Thomson Locations: China, KS, Rio, Yum China, Kailyn Rhone, New York, Paris, Beijing, Shanghai, London, Melbourne, Tokyo, Victoria, Berlin, Bengaluru

☆ Foreign buyers are bailing on the U.S. housing market. Here's why
▼ + stars: | 2023-08-02 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

The survey does not count new construction, where international buyers are also active. In total, 15% of foreign buyers bought homes worth more than $1 million. Chinese buyers in particular like California, as they often buy so that their children can attend local schools and universities. The drop in overall foreign purchases is unlikely to ease the competition for domestic buyers, as international buyers only made up a little more than 2% of all buyers. But it could help on the margins in certain local markets favored most by foreign buyers.

Persons: Lawrence Yun, Juwai, Kashif Ansari, Juwai IQI, Yun Organizations: National Association of Realtors, Realtors, U.S Locations: China, Mexico, Canada, India, Colombia, California, Asia, American, Florida, Texas, North Carolina, Arizona, Illinois, Florida , Texas

☆ No shooter, no injuries reported at US Capitol after 'bad call,' police say
▼ + stars: | 2023-08-02 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

REUTERS/Tom Brenner/File PhotoWASHINGTON, Aug 2 (Reuters) - Police found no shooter and no one injured after reports of a possible active shooter in the U.S. Capitol complex on Wednesday after a possible "bad call," Washington Metropolitan Police Department spokesman Hugh Carew said. "A call came in for an active shooter. Earlier, U.S. Capitol Police urged people inside Senate office buildings to shelter in place. "If you are inside the Senate Buildings, everyone inside should be sheltering in place as the report was for a possible active shooter. An advisory from the Capitol Police urged people to move inside their offices and take emergency equipment.

Persons: Tom Brenner, Hugh Carew, Carew, Moira Warburton, Patricia Zengerle, Kanishka Singh, Richard Cowan, Scott Malone, Doina Organizations: U.S, Capitol, REUTERS, Police, U.S . Capitol, Washington Metropolitan Police Department, . Capitol Police, Senate, ., U.S . Capitol Police, Capitol Police, Thomson Locations: Washington , U.S, Washington

☆ Republicans are still content with Twitter, despite months of tumult under Elon Musk and a bizarre 'X' rebrand
▼ + stars: | 2023-08-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Republicans are still sticking with Twitter, despite the platform's challenges and the "X" rebrand. "He's got a vision that some share, and some don't," Rep. Nancy Mace of South Carolina said of Musk. But even Mace and Vance don't seem to know what to make of the "X" re-brand. "Seems fine, Twitter seemed fine, don't really care." "I didn't really like Twitter before, I don't really like Twitter now," said Rep. Dan Crenshaw of Texas, who described himself as "exhausted" with the platform.

Persons: Sen, JD Vance, Nancy Mace, Elon, Instagram's, —, Musk's, Ohio, Vance, that's, Hunter, He's, Mace, I've, Vance don't, Chip Roy, Roy, Mitt Romney, doesn't, Romney, Pierre Delecto, coy, Dan Crenshaw, Crenshaw, Tom Tiffany, Tiffany, they've Organizations: Twitter, Service, Capitol, Musk's, Caucus, Democratic, Facebook Locations: Wall, Silicon, South Carolina, Texas, Utah, Dan Crenshaw of Texas, Wisconsin

☆ Point of no return: Australians fight for the right to work from home permanently
▼ + stars: | 2023-08-01 | by ( Byron Kaye | ) www.reuters.com time to read: +6 min

You can actually finish work at five, rather than finishing at five spending 45 minutes trying to get home." When you have a jolt, you never return to the way the world was," said John Buchanan, head of the University of Sydney's Health and Work Research Network. That same week, the public sector union struck a deal the which lets Australia's 120,000 federal employees request work-from-home an unlimited number of days. By comparison, Canada's federal workers ended a two-week strike in May with a wages agreement that came without the WFH protections they wanted. Among employees with WFH experience, 19% wanted to return to the office full-time, the survey found.

Persons: David Gray, SYDNEY, Nicholas Coomber, Coomber, Jamie Dimon, Elon Musk, John Buchanan, We're, Jones Lang Lasalle, Melissa Donnelly, WFH, Mathias Dolls, Jim Stanford, Stanford, Byron Kaye, Miral Organizations: REUTERS, JPMorgan Chase, Twitter, University of Sydney's Health, Work Research, Commonwealth Bank of Australia, National Australia Bank, NAB, European Union, Community, Public Sector Union, CBA, ifo, Macroeconomics, Stanford University, Workers, Centre, Australia Institute, Thomson Locations: Melbourne, Southbank, Australia, New Zealand, Tokyo, New York, JLL.N, Hamburg

☆ I work remotely from a Caribbean island. Here's how I relocated from Oregon, found love, and started a family, without comprising my career.
▼ + stars: | 2023-08-01 | by ( Ashley Couto | ) www.businessinsider.com time to read: +7 min

Shelby Smith took a six-month career break and traveled to Curaçao, a Dutch Caribbean island. Smith fell in love and moved from Portland, Oregon, to Curaçao permanently to start her family. I visited Curaçao on vacation and knew I'd be backI visited Curaçao, a Dutch Caribbean island, on vacation in 2019. Three days before I landed, the whole island went on lockdown. If you think living on a remote island would be much cheaper, think againSome living costs on the island are cheaper, but others are more expensive.

Persons: Shelby Smith, Smith, I'd, Curaçao Organizations: Service, Facebook Locations: Curaçao, Dutch Caribbean, Portland , Oregon, Wall, Silicon, Aitutaki, Cook, Portland, Reveri, Netherlands, United States, American

Search resuls for: "Lockdown"

25 mentions found