EXCLUSIVE Luxembourg banks ask to freeze Ecuadorian property amid Perenco dispute, paperwork present

Bailiff orders 122 banking institutions operating in Luxembourg to freeze Ecuadorian assets Ecuador to issue Luxembourg-listed bonds in 2020 debt overhaul Some bondholders received interest payments due on July 31 LONDON, Aug. 1 (Reuters) – A Luxembourg bailiff has ordered banks to freeze assets held by Ecuador in Luxembourg accounts due to a dispute over … Read more

Unique: Hyundai subsidiary used youngster labor at Alabama manufacturing unit

LUVERNE, Alabama, July 22 (Reuters) – A subsidiary of Hyundai Motor Co used child labor at a plant that supplied parts for the South Korean carmaker’s assembly line in Nearby Montgomery, Alabama, according to area police, the families of three underage workers, and eight former and current employees of the plant. The underage workers, in … Read more

Ford proclaims sequence of offers to speed up EV

Ford CEO Jim Farley attends the official launch of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, USA on April 26, 2022. REUTERS / Rebecca Cook / File Photo Sign up now for FREE unlimited access to Reuters.com Register DETROIT, July 21 (Reuters) – Ford … Read more

Airline SAS clashes with pilots on strike over US chapter submitting

Aviation records for Chapter 11 in the United States The filing comes after the pilot strike began on Monday Company says strike speeds up bankruptcy filing Try to blame the employee “under contempt” -union Strikes ground about half of all airline flights STOCKHOLM, July 5 (Reuters) – Scandinavian Airlines SAS (SAS.ST) filed for bankruptcy protection … Read more

Lawmaker stated truck driver suspected in Texas, migrant died.

53 migrants killed in smuggling attempt at US border Suspected driver charged with human trafficking Driver stuck in his system, US lawmaker and official says SAN ANTONIO, June 30 (Reuters) – A suspected driver of a truck carrying dozens of migrants died in the heat in a Texas smuggling attempt allegedly under the influence of … Read more