Advertisements fill the walls outside a flat at a residential

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FILE PHOTO: Advertisements fill the walls outside a flat at a residential compound in the coal city of Hegang, Heilongjiang province, northeast China January 2, 2020. REUTERS/Ryan Woo

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Mexican finance minister ‘very concerned’ about country’s downgrade

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MEXICO CITY (Reuters) – Mexican Finance Minister Arturo Herrera said on Thursday that he is “very concerned” about the country’s ratings downgrade but added that the decision is understandable under the current circumstances. Fitch Ratings on Wednesday downgraded Mexico’s sovereign rating to one notch above speculative grade, or “junk”, on fears that the economic shock […]
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Think-tank report on Uighur labor in China lists global brands

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BEIJING (Reuters) – Tens of thousands of ethnic Uighurs were moved to work in conditions suggestive of “forced labor” in factories across China supplying 83 global brands, an Australian think tank said in a report released on Sunday. The Australian Strategic Policy Institute (ASPI) report, which cited government documents and local media reports, identified a […]
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Honda extends Mexico plant suspensions to April 30 due to coronavirus

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MEXICO CITY (Reuters) – The Mexican unit of Japanese automaker Honda Motor Co said on Tuesday it would extend a suspenion of operations at its plants in the states of Guanajuato and Jalisco until April 30 due to the impact of the novel coronavirus outbreak. The Honda <7267.T> plants are in Celaya, Guanajuato and El […]