business

Commerzbank board member warns of significant job losses with a hostile UniCredit takeover

Two-thirds of the jobs at Commerzbank could disappear if UniCredit successfully carries out a hostile takeover of the German lender, a Commerzbank supervisory board member warned on Tuesday. Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank. […]

business

Boeing union hits out over ‘final’ 30% pay rise offer

The union representing thousands of striking Boeing workers has hit out at what the aircraft manufacturing giant called its “best and final” pay offer, which proposed a 30% rise over four years. The new offer also included the reinstatement of a performance bonus and improved retirement benefits. However, the International Association of Machinists and Aerospace […]

business

A Looming East Coast Port Strike Could Shake the Economy

With dockworkers on the East and Gulf Coasts threatening to strike on Oct. 1, businesses have been accelerating imports, redirecting cargo and pleading with the Biden administration to prevent a walkout. Some importers started ordering Christmas goods four months earlier than usual to get them through the ports before a labor contract between the operators of port […]

cele

Khloe Kardashian says Justin Bieber went to Diddy’s ‘butt naked’ party in resurfaced ‘KUWTK’ clip

Khloé Kardashian once bragged about going to one of Diddy’s parties and running into Justin Bieber there on “Keeping Up with the Kardashians.” A clip of Khloé, 40, talking about the bash with sister Kourtney Kardashian on a 2014 episode of the E! reality show has resurfaced after Sean “Diddy” Combs, 54, was arrested on sex trafficking and racketeering […]

news

India relocates diplomatic staff from restive Sittwe to Yangon

NEW DELHI: In view of the precarious security situation in the Myanmarese city of Sittwe, India has relocated its staff from its consulate there to Yangon. According to reports, several parts of Myanmar have been witnessing intense fighting between the military junta and resistance forces, which have already captured many towns, including military bases. “We […]

news

People feed seagulls along Yangon River in Myanmar

Seagulls are seen near a jetty of the Yangon River in Yangon, Myanmar, Dec. 24, 2023. Feeding seagulls along the Yangon River is a popular activity for locals during the weekend. (Photo by Myo Kyaw Soe/Xinhua) People feed seagulls near a jetty along the Yangon River in Yangon, Myanmar, Dec. 24, 2023. Feeding seagulls along […]

news

Dining Out: Specialties at Rangoon, a rare Burmese restaurant in Canada, as tasty as they are exotic

Chef and owner Ngun Tial at Rangoon Restaurant on Somerset Street West, in a 2018 file photo Photo by Errol McGihon /Postmedia Article content Rangoon Restaurant 634 Somerset St. W., 613-680-8821, rangoonrestaurant.ca Open: Monday to Thursday, 3 to 9 p.m., Friday and Saturday, 3 to 10 p.m., closed Sunday Prices: Most shareable dishes under $20 […]

news

More scammers setting up shop in Yangon

Call centre scams in Myanmar, associated mainly with its lawless border regions, are also setting up shop in the commercial hub Yangon, according to Radio Free Asia (RFA). Operators are taking advantage not only of the availability of cheap office space in a depressed economy, but “a nearly limitless pool of educated, unemployed Yangon residents”, RFA […]