Reuters

By Allison Lampert

MONTREAL (Reuters) - Airbus is ready to lock out its Canadian A220 workers if a latest contract offer is rejected on Wednesday, according to sources and a conciliator's recommendations seen by Reuters.

Airbus and the International Association of Machinists and Aerospace Workers union (IAM) agreed to conciliation after the company's estimated 1,300 Montreal-area A220 workers rejected two offers and a tentative agreement.... (continue reading...)

By Pratima Desai and Siyi Liu

LONDON/BEIJING - China's copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, aiming to cool a rally that has propelled prices towards record highs and hit their order books, three industry sources said.

Chinese producers are selling into the rally, driven by a speculative frenzy that took copper prices on the London Metal Exchange (LME) to two-year... (continue reading...)

(Reuters) - Global Payments forecast better-than-expected profit for 2024 on Wednesday, as a strong labor market boosts consumer spending.

Payment technology companies have largely downplayed worries of a spending slowdown despite higher-for-longer rates and elevated inflation as finances of most U.S. consumers remain healthy.

Global Payments forecast full-year adjusted profit between $11.54 and $11.70 per share, largely above analysts'... (continue reading...)

WASHINGTON(Reuters) - U.S. private payrolls increased more than expected in April while data for the prior month was revised higher, a report showed on Wednesday.

Private payrolls increased by 192,000 jobs last month after rising by an upwardly revised 208,000 in March, the ADP Employment report showed. Economists polled by Reuters had forecast private employment increasing by 175,000 last month compared to the previously reported 184,000 in March.

(Reuters) - Dayforce, formerly Ceridian HCM Holding, raised its full-year revenue forecast on Wednesday, helped by strong demand for its payroll services amid a resilient labor market.

A rise in U.S. jobs is driving demand for the company's human resource and payroll services, while Dayforce's investment in artificial intelligence and recent acquisition of Eloomi have helped it combat stiff competition.

U.S. jobs growth for the month of... (continue reading...)