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Lululemon staff petition to unionise in Washington

Bloomberg Lululemon Athletica Inc workers are petitioning to unionise, extending a wave of organising at previously union-free US retail firms. Employees at one of the athletic-wear company’s Washington stores filed for a unionisation election with the National Labor Relations Board. The proposed bargaining unit would cover 33 employees, according to the filing from the workers’ new labour organisation, which calls ...

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Reliance’s Q2 profit misses estimates

  Bloomberg Reliance Industries Ltd, controlled by billionaire Mukesh Ambani, posted a 46% increase in quarterly profit but fell short of market expectations as high costs made a dent to the windfall gains from refining business. Net income at India’s biggest company by market value jumped 46% to 179.6 billion rupees ($2.3 billion) for the three months ended on June ...

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Russian Odesa missile strike tests Ukraine grain export deal

Bloomberg Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step towards alleviating a global food crisis. Ukrainian officials indicated they’re still moving ahead with the landmark agreement reached Friday to release millions of tons of grain that ...

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