strike expansion
24 Sep 2023
The United Auto Workers and the US's Big Three carmakers remain far apart in their negotiations as time is running out before the union plans to escalate its strike on Friday. Last week, workers walked off the job at three plants, each belonging to Ford, General Motors and Stellantis. Also in this edition, the US Federal Reserve leaves interest rates unchanged. Plus, Japanese conglomerate Toshiba could go private after being on the stock market for 74 years.
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Bavarian soccer club Ingolstadt has appointed Germany's first female coach in professional men's football. While Sabrina Wittmann is in the role on an interim basis, club bosses haven't ruled out a longer-term contract.
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Another high-ranking official has stepped down during continued scrutiny of corruption. That has led to questions about how the political instability could affect the ruling Communist Party.
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The naira continues to trade around 1,300 against the greenback at the official market this week. Meanwhile, data from the CBN shows Nigeria’s currency in circulation has risen to 3.87 trillion naira at the end of March. Kingsley Nwaiwu, Head of Consumer sector sales, Global Markets at Stanbic IBTC joins CNBC Africa on the FX trading patterns, impact of CBN’s reforms and Nigeria’s drive to increase dollar flows.
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Find these stories and much more when you grab a copy of The Guardian on Friday.
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A ship bearing the flame has docked in the southern port of Marseille. Athletes, public figures and ordinary citizens will now carry the symbol of Olympic tradition to Paris in a relay across the country.
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About a quarter of Germans cited immigration as their main priority in 2022, which rose to 44% in the 2024 survey. About a third were most concerned about climate change two years ago, falling below the 25% mark this time.