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    Samsung Elec union in South Korea says will strike indefinitely

    The National Samsung Electronics Union (NSEU), whose roughly 30,000 members make up almost a quarter of the firm's South Korean workforce, said it has decided to continue striking because management has shown no indication of holding talks after a strike that started on Monday. "We haven't spoken to management since we started the strike on Monday," said Lee Hyun-kuk, the union's vice president.

    Domestic air passenger momentum to continue this fiscal, says report

    The aviation industry outlook remains stable with continued recovery in air passenger traffic. Despite challenges like grounded fleets and supply chain issues, airlines are expected to face a net loss of Rs 3,000-4,000 crore in FY2025.

    ESG financing in India ahead of target, says DBS

    DBS Bank's ESG finance book in India has surpassed its 60% growth target for 2024, ranking among the top three markets for the bank. With a significant increase in ESG financing, particularly in renewable energy, telecommunications, and agriculture, DBS aims to expand further. India's net profit for DBS India rose 37% to ₹228 crore in FY23.

    Samsung says 'no disruption' to production despite strike

    Despite a three-day strike by over 5,000 union members, Samsung's production remains unaffected. The strike is part of an ongoing dispute over pay and benefits. The union, representing more than 30,000 workers, has been negotiating since January. Samsung expects significant profit and sales increases for April-June.

    Suits & Sayings: Concrete Proof

    ET’s roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.

    Pope Francis says world's democracies in bad health

    The 87-year-old pope was in the northeastern city of Trieste for a flying visit, his fourth trip within Italy in just over two months as he prepares for a 12-day journey across Asia in September, the longest of his papacy. Speaking at an annual Roman Catholic convention on social affairs, Francis said many people felt excluded from democracy, with the poor and the weak left to fend for themselves.

    The Economic Times
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