Author: IA PressRoom

A company in China fired an employee after he had to take toilet breaks of up to 6 hours, per Laodong Daily. The employee underwent surgery for an anorectal issue in December 2014 but was still in pain. He was fired in September 2015. A Chinese court recently upheld the company’s decision.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A man in China has been fired for spending up to six hours a day in the toilet, sparking an online debate.The employee, identified…

3/3 © Reuters. U.S. Senate Majority Leader Chuck Schumer (D-NY) arrives for his news conference after the weekly Senate Democratic caucus policy luncheon at the U.S. Capitol in Washington, U.S. May 31, 2023. REUTERS/Jonathan Ernst 2/3 By Richard Cowan and Gram Slattery WASHINGTON (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4 trillion debt ceiling, averting what would have been a first-ever default. The Senate voted 63-36 to approve the bill that had been passed on Wednesday by the House of Representatives, as lawmakers raced against the clock following…

© Reuters. FILE PHOTO: Workers work on a flight of Air China on the tarmac at the Beijing Capital International Airport in Beijing, China, March 28, 2016.REUTERS/Kim Kyung-Hoon By David Shepardson WASHINGTON (Reuters) – Chinese airlines are avoiding flying over Russian airspace in newly approved flights to and from the United States, according to flight tracking website FlightAware and industry officials. Russia has barred U.S. airlines and other foreign carriers from flying over its airspace, in retaliation for Washington banning Russian flights over the U.S. in March 2022 after the country invaded Ukraine. FlightAware records show Chinese flights recently approved…

Source: AdobeThe US Consumer Financial Protection Bureau issued a warning on Thursday for people using person-to-person services to store funds, reminding them that they are not federally insured, in the wake of FTX and multiple bank collapses. Transaction volumes on payment apps have “substantially increased,” the CFPB said in the report. The collapse of crypto exchange FTX and crypto lender Voyager Digital led to consumers losing hundreds of millions of dollars, the CFPB said. “Following the demise this year of Silicon Valley Bank, Signature Bank, Silvergate Bank, and First Republic Bank, the public has learned more about the importance of federal deposit insurance…

© Reuters. Investing.com– Most Asian currencies rose slightly on Friday, recouping some of the week’s losses as markets grew uncertain over the path of U.S. monetary policy ahead of key nonfarm payrolls data due later in the day. Regional units saw some support after the dollar tumbled on Thursday, as disappointing and mixed labor market readings from the U.S. saw traders question just how much economic headroom the Federal Reserve has to keep raising rates.  The rose 0.1%, moving further away from six-month lows hit earlier this week. The currency was aided by a stronger daily midpoint fix from the…

Former President Donald Trump took a not-so-subtle swing at former New Jersey Gov. Chris Christie on Thursday, mocking his expected entry into the race for the 2024 Republican presidential nomination by pointing to his dismal approval rating while governor.During an exclusive Fox News Town Hall in Iowa, the location of the first contest in the presidential primaries, Trump questioned why Republicans like Christie continued to jump into the already crowded field of candidates seeking to challenge his front-runner status.”I don’t know why people are doing it. They’re at one percent. Some are at zero,” Trump told Fox News’ Sean Hannity.…

Mikhail Makarov The U.S. Senate late Thursday night passed the debt ceiling package crafted by President Biden and House Speaker Kevin McCarthy (R-CA) over the Memorial Day weekend, sending the legislation to the president’s desk in time to avert a first-ever default by the U.S. Senators voted 63-36 in favor of the bill that suspends the debt limit until Jan. 1, 2025 in exchange for some measures that reduce non-defense discretionary spending, stiffen work requirements for some recipients of food assistance, and allow the Mountain Valley natural gas pipeline. Votes in favor surpassed the supermajority threshold of 60 votes required…

Our experts answer readers’ credit card questions and write unbiased product reviews (here’s how we assess credit cards). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page. If you have a credit score in the high 600s or low 700s, your credit rating is considered “good” — but not necessarily great. Having good credit typically means you can qualify for a credit card and for various loan products, but you may not receive the very best rates and terms, and you may not qualify for…

The UK should join a pan-European agreement on goods trade to limit the damage to its car industry from looming post-Brexit tariffs instead of seeking a delay to their introduction, according to senior officials in Brussels.From next January, electric vehicles shipped between the UK and the EU will need to have at least 45 per cent of their parts sourced from within the two regions or face 10 per cent tariffs, under “rules of origin” terms set out in their post-Brexit trading agreement. The limit rises to 60 per cent for batteries, which make up a significant part of the…

© Reuters. By Kirsty Needham SYDNEY (Reuters) – Bank of China chairman Ge Haijiao has travelled to Papua New Guinea (PNG) as the world’s fourth-largest bank seeks an operating licence in the Pacific Islands nation, which is seeking to boost China trade while expanding U.S. defence ties. U.S. Secretary of State Antony Blinken last week travelled to PNG to sign a defence cooperation agreement, prompting some domestic political criticism and student protests amid concern the island nation would become embroiled in strategic competition between Washington and Beijing. China, a major infrastructure lender and creditor in the Pacific Islands, struck a…