TOKYO (Reuters) - Japan's inflation-adjusted real wages in March fell 2.5% from a year earlier, marking declines for two straight years, labour ministry data showed on Thursday.
The pace of declines accelerated from the previous month's 1.8% drop as the rising costs of living outpaced nominal wages, the data showed.
Japan is seeing early signs of achieving a positive cycle of rising wages and inflation. Workers' earnings, however, are... (continue reading...)
(Reuters) - A recent survey carried out by a Washington-based trade association representing biotechnology companies found that 79% of 124 respondents have at least one contract or product agreement with a manufacturer based in China or owned by China.
More than two-thirds of the survey respondents are small, emerging biotechs with fewer than 250 employees, according to the survey by the Biotechnology Innovation Organization (BIO) detailed to Reuters... (continue reading...)
By Dawn Chmielewski and Anirban Sen
(Reuters) - Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the matter said on Wednesday.
Advisers to both sides are discussing the terms of a confidentiality pact that allows the exchange of commercially sensitive information, the sources said. Doing so... (continue reading...)
WASHINGTON (Reuters) - The U.S Federal Aviation Administration said Wednesday it is delaying requiring air traffic controllers to get 10 hours off between shifts and 12 hours off before a midnight shift.
FAA Administrator Mike Whitaker said on April 19 the new rules would take effect in 90 days.
FAA Air Traffic Organization Chief Operating Officer Timothy Arel said the timetable will be delayed as the agency holds discussions with the... (continue reading...)
(Reuters) - Sony Pictures Entertainment and private equity firm Apollo Global Management plan to acquire Paramount Global for $26 billion and break up the company, the New York Times reported on Wednesday, citing people familiar with the deal discussions.
(Reporting by Gursimran Kaur in Bengaluru; Editing by Shailesh Kuber)
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