Bloomberg Procter & Gamble Co. (P&G) was fined more than $34,000 following an employee’s death at a North Carolina facility. A 49-year-old worker at a plant in Greensboro died in May after being struck by a stainless steel tote. The state’s Department of Labour cited the company over three alleged serious violations of North Carolina occupational safety laws over ...

Bloomberg JD.com Inc. is slashing salaries for about 2,000 managers by 10% to 20% and diverting some of those savings toward a $1.4 billion employee benefits fund, aligning China’s No. 2 online retailer with Xi Jinping’s “common prosperity” campaign to share the wealth. Billionaire JD.com founder Richard Liu will donate 100 million yuan ($14 million) of his own money toward ...

  Bloomberg Shares of One 97 Communications Ltd., the parent of India’s leading digital payments brand Paytm, plunged to a record low on Tuesday after Macquarie Group Ltd. analysts flagged risks from billionaire Mukesh Ambani’s foray into the financial services business. Reliance Industries Ltd.’s Jio Financial Services Ltd. “can pose a significant growth and market-share risk” for players such as ...