A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at "smearing" China and Chinese brands.
Earlier in the week, a task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals it said were working in "slavery-like" conditions at the site. A video from the Labor Prosecutor's Office of dorms housing the workers showed beds with no mattresses and rudimentary cooking facilities.
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Small investors chase new fancy in unlisted avenue
Lured by the promise of outsized returns, early access to high-growth companies, and lower fees, retail investors are venturing into the unregulated and risky world of unlisted securities.
Home lenders eye pot of gold in affordable loans
Higher returns from small-ticket loans, govt schemes tempt mortgage lenders
Suzuki, the man behind India's people's car, dies
Osamu Suzuki, the visionary who brought affordable mobility to millions in India with the Maruti 800 and positioned the country as Suzuki Motor Corp.'s global growth engine, has died. He was 94.
Events, weddings to help hoteliers do better in H2
Room to grow
Help wanted: US factories seek workers for nearshoring boom
Craig Jones's biggest problem for years was winning new business for his family-run plastics company headquartered in Louisville, Ky. Today, the challenge is finding workers to meet the company's growing orderbook as companies increasingly source more of their parts and products from the U.S.
Services exports save the day for current account in Sep quarter
A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.
EVs at airports to cut emissions
Government plans to add EV charging infra to airports
India's Textile Exports a Silver Lining as Trade Deficit Widens
Experts attribute this growth to govt policies, trade deals, and adoption of new technologies
JSW Neo to acquire 02 Power; EQT and Temasek to exit
The transaction entails acquisition of 02 Power Midco Holdings and 02 Energy SG, and is subject to customary nods
Rupee falls to record low as dollar bids spike
The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.
