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Thousands of workers to protest Indonesia’s labour, wage regulations

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Bloomberg Thousands of workers plan to carry out protests against Indonesia’s labour, wage and health insurance regulations, which they say are discriminatory, raising fresh risks for the stability of Southeast Asia’s largest economy. Around 50,000 workers will join the protest in front of the parliament building in Jakarta, according to Said Iqbal, president of the Confederation of Indonesian Trade Unions ...

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Coal India output sinks to record low amid floods

Bloomberg Coal India’s monthly production dropped to a record low as heaviest rains in 25 years flooded mines and hindered shipments. The Kolkata-based state miner produced 30.77 million tons of coal in September, down 24 percent from a year earlier and the lowest in data back to 2013, according to a stock exchange filing. Shipments dropped 20 percent to 35.18 ...

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WeWork names new head of Japan operations after management purge

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Bloomberg WeWork named a new head of its Japanese operations, replacing a company veteran with close ties to former Chief Executive Officer Adam Neumann. Kazuyuki Sasaki, the former managing director of WeWork Japan, has been named its new CEO, the company said in a statement on Wednesday. Sasaki replaces Chris Hill, who has headed Japan operations since their start in ...

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