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Carlos Slim Reignites Mexico’s Labor Debate With 12-Hour Shift Plan

Key Facts — What happened. Mexican billionaire Carlos Slim renewed calls for a three-day, 12-hour-shift workweek and retirement at 75. — How big. Slim is honorary chairman of Grupo Carso and has repeated the proposal publicly for years. — What it means. His comments landed as Mexico phases in a cut to the standard workweek, […] The post Carlos Slim Reignites Mexico’s Labor Debate With 12-Hour…

We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.

Read the original at riotimesonline.com →

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ASSA ABLOY Acquires Pacific Lock

(RTTNews) - ASSA ABLOY AB (ASSA-B.ST, ASSB.F), a security solutions provider, on Wednesday announced that it acquired Pacific Lock Company, a U.S. manufacturer of padlocks and security hardware.

Hormuz Shipping Traffic Remains Stuck in Single Digits

Tanker traffic in the Strait of Hormuz remains a fraction of pre-war levels, with four vessels traversing the waterway on Tuesday, down from seven the previous day, Reuters has reported, citing…

  • Only four vessels passed through Strait of Hormuz on Tuesday.
  • Windward reported one tanker entering on September 15th.
  • Re-escalation of hostilities and Houthi attacks cause caution among ship owners.

More from Wednesday 16 September →