By Fabio Teixeira RIO DE JANEIRO (Reuters) - The 163 Chinese workers found by Brazil's labor ministry in what it described as "slavery-like conditions" at a factory construction site owned by Chinese electric vehicle producer BYD have been removed and taken to hotels, while officials negotiate with BYD and the Jinjiang Group about further measures to protect them, authorities said. The growing controversy in the automaker's biggest overseas market has put a spotlight on immigrant worker conditions in the northeastern Brazilian state of Bahia. A deal with labor prosecutors involving BYD and the Jinjiang Group could be inked as soon as Jan. 7, when they are scheduled to meet. Earlier this week, the labor prosecutor's office described the workers, who had been hired by Chinese construction firm Jinjiang Group, as human trafficking victims. The firm had withheld the passports of 107 of the workers, investigators said. Investigations into slavery can carry powerful consequences for employers in Brazil, including a restriction on their access to bank loans. Jinjiang has denied any wrongdoing, while BYD said it had cut ties with Jinjiang. Both companies are collaborating with authorities on the investigation. Jinjiang said, in a social media post reposted by a BYD spokesperson, that describing the workers' conditions as "slavery-like" was inaccurate, while a BYD executive said media and other groups were "deliberately smearing Chinese brands and the country and undermining the relationship between China and Brazil." If the two companies are charged by labor inspectors with submitting workers to slavery-like conditions, they could be added to Brazil's so-called "dirty list" - a public listing of employers found liable for such charges. While the names of companies are only added to the list after all possibility of appeal is exhausted, which can take years, once a company is included it would stay there for two years. Beyond the substantial reputation risk the "dirty list" carries, companies in it are also barred from obtaining certain types of loans from Brazilian banks. Companies can avoid being included on the "dirty list" by signing a deal with the government committing to change their practices and compensate workers whose rights were abused. Companies and executives are also subject to legal action. Prosecutors who monitor labor affairs can sue companies that are found to have abused workers' rights, unless they agree to pay damages to the Brazilian government and to victims. Separately, federal prosecutors may also pursue criminal charges against executives. Charges of human trafficking and keeping workers in slavery-like conditions carry sentences of up to eight years in prison each. Federal prosecutors have already asked labor authorities to share the evidence they have gathered against BYD and the Jinjiang Group, according to a Thursday statement from the Labor Prosecutor's Office. NEGOTIATIONS BEGIN Labor inspectors are now negotiating with the companies for compensation for the workers whose rights they believe were abused. That could include payment for missed wages and severance. The workers will also receive unemployment benefits. "The efforts of the government bodies at this time are focused on the victims and guaranteeing the victims' rights," said Mauricio Krepsky, a former head of Brazil's Division of Inspection for the Eradication of Slave Labor (DETRAE), a government body staffed by labor inspectors. Victims of human trafficking can choose to stay in Brazil or go back to their home countries, said Ludmila Paiva, co-founder of I-MiGRa, a non-profit that develops projects and research on human trafficking. During a meeting on Thursday, BYD has labor prosecutor's office.already agreed to purchase tickets and cover up to $120 in travel expenses for the return trip to China of seven employees scheduled to return on Jan. 1, according to a statement from Brazil's Negotiations between labor authorities and companies that are suspected of submitting workers to degrading conditions can take months to come, depending on the complexity of the case, the number of victims involved and whether the firms cooperate with authorities or not, experts told Reuters. If the firms are charged, it could still take years for their names to be added to the list, as companies can appeal internally to the government or file lawsuits to keep their names out of the registry. (Reporting by Fabio Teixeira, Editing by Manuela Andreoni and Aurora Ellis)None
Ruben Amorim fires four-word 'storm' warning to Man Utd rivals and addresses Arsenal gapTORONTO, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose") announced today that it has decided to terminate Purpose Marijuana Opportunities Fund ("the Fund") at the close of business on or about March 14, 2025 (the "Termination Date"). It is anticipated that the ETF units of Purpose Marijuana Opportunities Fund will be voluntarily delisted from the Cboe Canada Exchange at the close of business on or about March 12, 2025 (the "Delisting Date"). The decision to close the Fund was driven primarily by the Fund's relatively low assets under management, which has made it difficult to efficiently manage the Fund in accordance with its intended investment objective. As a result, in the view of Purpose, the termination is in the best interest of unitholders. Unitholders that hold Class A Units, Class F Units or ETF Units (collectively, "Units") will have the option to redeem their Units at net asset value on or prior to the Termination Date. There will be no fees or redemption charges applicable to such redemptions. Holders of ETF Units of the Fund may continue to trade their ETF Units on the Cboe Canada Exchange until the Delisting Date. All units not redeemed prior to the Fund's closure will be automatically redeemed at that time at net asset value, in accordance with the terms of the master declaration of trust of the Fund. Units still outstanding at 4:00 p.m. EST on the Termination Date will be automatically redeemed, with the proceeds either deposited into the unitholder's account or a cheque mailed directly to the unitholder or to their dealer, nominee or intermediary, as applicable. If required, a final distribution for the Fund will occur on or about the Termination Date. There may be tax implications for unitholders with respect to any disposition of Units. We strongly urge unitholders to contact their financial advisor to discuss the financial and tax implications associated with a redemption of Units and the termination of the Fund. About Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $20 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. For further information please contact: Keera Hart Keera.Hart@kaiserpartners.com 905-580-1257 Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. The prospectus contains important detailed information about the investment fund. Please read the prospectus before investing. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. Forward-Looking Information Purpose cautions the reader not to place undue reliance upon any such forward-looking statements contained herein, which speak only as of the date they are made. Generally, but not always, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "on pace", "anticipates", or "does not anticipate", "believes", and similar expressions or state that certain actions, events or results "may", "could", "would", "should", "might", or "will" be taken, occur or be achieved. Forward-looking statements are based on information available to management at the time they are made, management's current plans, estimates, assumptions, judgments and expectations. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Purpose to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: general business, economic, competitive, geopolitical, technological and social uncertainties. Although the forward-looking information contained in this press release is based on assumptions that Purpose believes to be reasonable at the date such statements are made, there can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Purpose does not undertake to update or revise any forward-looking information, except in accordance with applicable securities laws. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Judge weighs whether to order Fani Willis to comply with lawmakers’ subpoenas over Trump caseBerlin confirmed plans to reform its legal framework make it a clear criminal offence to “facilitate the smuggling of migrants to the UK” as part of the agreement, the Home Office said. The Home Office said the move would give German prosecutors more tools to tackle the supply and storage of dangerous small boats. Both countries will also commit to exchange information that may help to remove migrant-smuggling content from social media platforms and tackle end-to-end routes of criminal smuggling networks as part of the deal. It comes ahead of the UK and Germany hosting the so-called Calais Group in London, which sees ministers and police from the two countries, alongside France, Belgium and the Netherlands, gather to discuss migration in Europe. Delegates are expected to agree a detailed plan to tackle people-smuggling gangs in 2025 at the meeting on Tuesday. Home Secretary Yvette Cooper said: “For too long organised criminal gangs have been exploiting vulnerable people, undermining border security in the UK and across Europe while putting thousands of lives at risk. “We are clear that this cannot go on. “Germany is already a key partner in our efforts to crack down on migrant smuggling, but there is always more we can do together. “Our new joint action plan with deliver a strengthened partnership with Germany, boosting our respective border security as we work to fix the foundations, and ultimately saving lives.” Nancy Faeser, German federal minister of the interior said: “We are now stepping up our joint action to fight the brutal activities of international smugglers. “This is at the core of our joint action plan that we have agreed in London. “I am very grateful to my British counterpart Yvette Cooper that we were able to reach this important agreement. “It will help us end the inhumane activities of criminal migrant smuggling organisations. “By cramming people into inflatable boats under threats of violence and sending them across the Channel, these organisations put human lives at risk. “Many of these crimes are planned in Germany. “Together, we are now countering this unscrupulous business with even more resolve. “This includes maintaining a high investigative pressure, exchanging information between our security authorities as best as possible, and persistently investigating financial flows to identify the criminals operating behind the scenes.”K-pop in 2025: The rookies and acts hyped to make a big splash next year
Three-game skid over, NC State faces winless Coppin StateThe government’s new furnace and water heater rules are coming for youIn a head-scratching Truth Social post that Donald Trump may have intended as a private message to Elon Musk, the president-elect says Microsoft co-founder Bill Gates has asked to meet with him. “Where are you? When are you coming to the ‘Center of the Universe,’ Mar-a-Lago,” Trump posted on his social media platform Friday morning. “Bill Gates asked to come, tonight. We miss you and x! New Year’s Eve is going to be AMAZING!!! DJT” The message contains an apparent reference to the Tesla CEO’s son X Æ A-Xii, whom Musk usually refers to as X. Spokespeople for Trump and his transition team did not immediately respond when asked if the message was intended as a private correspondence with Musk, who’s become a fixture at Trump’s side. Spokespeople for Gates Ventures, the tech billionaire’s private office, also did not immediately respond when asked to confirm whether he’d requested a meeting with Trump. However, a person familiar with the talks confirmed to CNN that Gates has reached out to the Trump transition team about a possible meeting. Gates donated about $50 million to a PAC supporting Vice President Kamala Harris in last month’s election, but he congratulated Trump when he won. “I hope we can work together now to build a brighter future for everyone,” Gates wrote in his congratulatory note on social media. Gates would be the latest tech mogul to make nice with Trump. Apple’s Tim Cook and Meta’s Mark Zuckerberg have both met with him, and others have collectively donated millions to Trump’s inauguration fund. “The first term, everybody was fighting me,” Trump said in remarks this month at Mar-a-Lago , his private club and residence in Florida. “In this term, everybody wants to be my friend.” Meta Gives $1 Million To Trump’s Inaugural Fund After Zuckerberg’s Mar-a-Lago Dinner Jeff Bezos Says He’s ‘Proud’ Washington Post Stopped Endorsing Presidential Candidates Donald Trump Hosts Apple CEO Tim Cook At Mar-A-Lago
ORCHARD PARK, N.Y. (AP) — Gratifying as it was for Sean McDermott to catch up with his family and get some rest during Buffalo’s bye week, the Bills coach on Wednesday found comfort returning to his weekly routine and familiar wardrobe — a gray T-shirt and sweatpants. “When I’m not wearing those, I go to my closet and I don’t know what to wear. I’m kind of like not myself,” he said before pulling up his hoodie for emphasis to reveal the gray shirt he had on underneath. “So I was telling some of the guys this morning, ‘It’s good to be back.’” Though there remain challenges ahead, these are upbeat times in Buffalo . The Bills (9-2) are off to their best start since 1992. They remain in contention for the AFC’s top seed by entering their break following a 30-21 win over Kansas City (10-1). And Buffalo is in position to clinch its fifth straight AFC East title as early as Sunday. To do so, the Bills would need Miami to lose to Green Bay on Thursday night, and Buffalo to win its game over San Francisco (5-6) on Sunday night. Buffalo has won six straight since back-to-back losses at Baltimore and Houston, and scored 30 or more points in each of its past five outings. Refreshed as McDermott sounded and appeared, it didn’t take long for him to revert to his game-at-a-time script when assessing what’s on the line this weekend. “We’re mostly focused on our level of play this week against a good football team,” he said. McDermott shed little light on the status of Buffalo’s lengthy list of injured players. There’s no timetable yet on Matt Milano being activated off injured reserve, even though the starting linebacker practiced fully for the first time since tearing his left biceps during a training camp practice in mid-August. Milano has actually missed nearly 14 months since sustaining a season-ending injury to his right leg in Week 5 last season. Milano revealed little during a brief interview following practice. “I feel all right. Getting back into it with the team,” said Milano, who no longer wore a red non-contact jersey in practice. Meantime, rookie receiver Keon Coleman, who has missed two games with a right wrist injury, and starting right tackle Spencer Brown, who missed one game with an ankle injury, were limited in practice. Tight end Dalton Kincaid (knee) was Buffalo's only player not practicing. The Bills also opened the three-week window for backup rookie defensive tackle DeWayne Carter (wrist) and backup offensive lineman Tylan Grable (groin) to return. McDermott has another positive going for him revolving around the bye week. The Bills are 8-0 coming out of their break since McDermott took over as coach in 2017. “I don’t really have the, hey, this is exactly what we do formula,” McDermott said on whether he’s changed his bye week approach. “It’s more of us really just getting back to what we do, getting back to basics.” AP NFL: https://apnews.com/hub/nfl
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By JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70Boise State’s Spencer Danielson isn’t buying Deion Sanders’ defiant Heisman stance
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Trump gave Interior nominee one directive for a half-billion acres of US land: ‘Drill.’NoneThe Los Angeles Chargers activated running back J.K. Dobbins from injured reserve on Friday. Dobbins is formally listed as questionable but figures to be the team's top running threat for Saturday's road game against the New England Patriots. Teammate Gus Edwards (ankle) was ruled out Thursday. Dobbins has missed the past four games since sustaining a knee injury against the Baltimore Ravens on Nov. 25. He was a full practice participant Thursday before receiving the questionable label. The injury-prone Dobbins was enjoying a solid season prior to the knee ailment, with 766 yards and eight touchdowns on the ground and 28 receptions for 134 yards in 11 games. His career high for rushing yardage is 805 for the Ravens in 2020. Dobbins' return comes with the Chargers (9-6) just one win from clinching an AFC wild-card playoff spot. Los Angeles also elevated safeties Eddie Jackson and Kendall Williamson from the practice squad. --Field Level Media
Last Thursday afternoon, Fuller Industries Quality Control Laboratory technicians Pookie Blecha and Randy Liederbach removed small, pastel-colored bottles from a stack of boxes and carefully organized them on shelves in the QC lab. The containers, marked with cryptic labels containing chemical formulas, joined those on other racks lining the walls and others stashed in second-floor rooms. These are product quality control samples, known as retains, held in case customers have questions. They are kept for three years due to Federal Drug Administration guidelines. The samples handled Thursday were of products made by the Canadian manufacturer whose operations were merged into the Great Bend facility. “We are now retaining their retains,” Blecha said, noting there are glass and plastic vials stashed in several nooks and crannies. But they don’t mind, she said. Assuring quality and consistency is a cornerstone of Fuller’s commercial and industrial cleaning product business. The samples, organized according to their formulations, are used to track the viscosity (thickness), pH levels (acidity or basicity) and other aspects of each product, Liederbach said. They are shaken and tested periodically while in storage. “There is a lot that goes into this,” said Joe Mann, Fuller’s vice president and general manager. “It is all pure science. There are extremely stringent regulations, but we also hold ourselves to a very high standard.” But when people think about Fuller, they may not realize all that actually goes on at the plant west of Great Bend, he said. “This is a highly technical business,” he said. “We employ chemists, chemistry technicians, robotics operators and other skilled team members.” That is why the company is teaming up with Great Bend High School and Barton Community College to promote STEM (science, technology, engineering and math) studies. They want to encourage students to pursue these fields and possibly find a career at Fuller. “These areas are only growing in demand,” he said, adding Fuller is expanding and will need employees with these skills. “We want to be on the forefront.” About Fuller Industries Inc. Based in Great Bend, with a rich heritage dating back over a century to the Fuller Brush Man, Fuller Industries is a leading American manufacturer of industrial products, including cleaning chemicals and supplies, as well as brooms, mops, brushes and more. Fuller serves manufacturing, commercial, institutional and agricultural clients across the Western Hemisphere. Call 620-792-1711 or visit Fullerindustriesinc.com .Philadelphia star quarterback Jalen Hurts remains in concussion protocol and has been ruled for Sunday's game against the visiting Dallas Cowboys, with the Eagles expected to start Kenny Pickett. Hurts missed practice all week, and head coach Nick Sirianni confirmed before Friday's session that Hurts remains in the concussion protocol, adding, "It's going to be tough for him to make it this week." Hurts and Pickett (ribs) were both injured during last weekend's 36-33 loss to the Washington Commanders, but Pickett was a full participant in Thursday's practice and was limited on Friday. The Eagles also have Tanner McKee as the emergency third quarterback and signed Ian Book to the practice squad this week. Pickett, who grew up as an Eagles fan in Ocean Township, N.J., will have a chance to help Philadelphia (12-3) clinch the NFC East title in his first start for the franchise. "I'm very excited. It's a big opportunity," he told reporters Thursday. "I've been working hard to stay ready and I felt like I was in a good position last game with my preparation and now having a week to practice, I'll feel even better going into the stadium. So, I'm excited. I just want to get the win." Pickett relieved Hurts in the first quarter against Washington and completed 14 of 24 passes for 143 yards with one touchdown and one interception. Prior to that, he had appeared in three games in mop-up duty. "He's done a great job," Eagles wide receiver A.J. Brown said on Friday. "He did a great job last week. I know he had a few hiccups, but overall he's doing a great job. It's not his first rodeo. We have a lot of confidence in him, I do, and I'm excited. "(He's) poised, confident. He comes in, he's commanding the huddle and that's what you want to see." Pickett, 26, compiled a 14-10 record as the starter for the Steelers from 2022-23 after being drafted by Pittsburgh in the first round (20th overall) in 2022. After the Steelers acquired Russell Wilson in March, Pickett was traded along with a 2024 fourth-round pick to the Eagles in exchange for a 2024 third-round pick and two 2025 seventh-rounders. Pickett has completed 62.3 percent of his pass attempts for 4,622 yards with 14 touchdowns and 14 interceptions in 29 career games. He has rushed for 303 yards and four scores. Hurts, 26, has completed 68.7 percent of his passes this season for 2,903 yards with 18 TDs and five picks in 15 starts. He has rushed for 630 yards and is tied for the NFL lead with 14 rushing touchdowns. --Field Level Media
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