Relatives of Greece train tragedy to be compensated, fresh strikes planned

Empty platforms at the closed central railway station during a 24-hour general strike in Athens, Greece, 16 March 2023. EFE/EPA/KOSTAS TSIRONIS

Athens, Mar 16 (EFE).- Greece’s train operator has announced a 42,000 euros compensation plan for each family affected by February’s deadly train collision as anger continues to mount in the country amid a second general strike planned on Thursday. The families of deceased passengers will receive an advance payment of 42,000 euros ($44,623), injured passengers … Read more

Sri Lankan workers launch massive strike against IMF bailout plan

People wait inside the deserted Fort railway station, Colombo's main railway station, during a strike action, Sri Lanka, 15 March 2023. EFE-EPA/CHAMILA KARUNARATHNE

Colombo, Mar 15 (EFE).- Sri Lankan state employees on Wednesday launched a massive strike in protest against the conditions imposed by the International Monetary Fund to process a bailout package for helping the island come out of the serious economic crisis it has been witnessing since last year. “Today’s strike is a historic one. Through … Read more

Major Japanese banks suffer losses over fear of SVB exposure

View of the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California (US), 13 March 2023. EFE/FILE/George Nikitin

Tokyo, Mar 14 (EFE).- Three of the largest Japanese banks, Mitsubishi UFJ, Mizuho and Sumitomo Mitsui Financial Group, recorded significant losses Tuesday along with other Japanese financial entities in the first half of trading on the Tokyo Stock Exchange due to fears of their exposure to the bankruptcy of Silicon Valley Bank (SVB). Tokyo’s main … Read more

Lineker set for Match of the Day return after agreement with BBC

Presenter Gary Lineker during an event in London, UK, on November 13, 2018.EFE-EPA/FILE/Will Oliver

London, Mar 13 (EFE).- Former football player Gary Lineker will return to his role as the presenter of the BBC’s highly popular Match of the Day after reaching an agreement Monday with the organization, which suspended the celebrity over tweets criticizing the British government’s controversial new migrant policy. Match of the Day was aired on … Read more

Saudi oil giant Aramco posts record income of $161.1 billion for 2022

(FILE) An image taken through a bus window showing installations seen at a construction site at an oil facility in the desert at Khurais oil field, about 160 km from Riyadh, Saudi Arabia, 23 June 2008. EFE/EPA/ALI HAIDER

Riyadh, Mar 12 (EFE).- Saudi Arabia’s state oil company Aramco on Sunday announced record profits of $161.1 billion for 2022, a year that saw energy prices soar due to the war in Ukraine and increased demand following the Covid-19 pandemic. The annual profits, up 46.5% from the previous year, are the largest ever recorded by … Read more

Taiwan resumes direct flights to 10 Chinese cities

Taipei Songshan Airport in Taipei, Taiwan, 16 June 2020. EFE-EPA FILE/DAVID CHANG

Beijing, Mar 10 (EFE).- Taiwan on Friday resumed regular direct flights to 10 Chinese cities and another 13 cities by charter flight three years after connections with China were dropped to a minimum due to the coronavirus pandemic. The reinstated routes will link the Taiwan cities of Taoyuan, Taipei and Kaohsiung with Chinese cities Shenzhen, … Read more

Workers across Greece strike over fatal train collision

A woman runs in front of a ship docked during a strike announced by the Panhellenic Seamen's Federation at the port of Piraeus, Greece, 08 March 2023. EFE/EPA/GEORGE VITSARAS

Athens, Mar 8 (EFE).- Public sector workers in Greece went on strike on Wednesday in response to the deadly train collision that killed 57 people last week. The strike was called by the Greek civil servants’ confederation (ADEDY) and has been backed by maritime and public transport workers, doctors, teachers and actors. Railway workers were … Read more

Strikers block refineries in France over pension reforms

Passengers walk at Gare de Lyon station amid a disruption in train services during a new day of nationwide strike led by French trade unions against the government's planned reform to the pension system, in Paris, France, 07 March 2023. EFE/EPA/TERESA SUAREZ

Paris, Mar 7 (EFE).- Over a million people in France went on strike Tuesday to protest against the government’s unpopular pension reforms which would raise the minimum retirement age from 62 to 64 years. Some 320 demonstrations have been organized across France and police are expecting between 1.1 and 1.4 million people to take part.  … Read more

North Korea’s Kim calls for boost in agricultural production

A photo released by the official North Korean Central News Agency (KCNA) shows North Korean Supreme Leader Kim Jong-un (C) presiding over the 7th enlarged plenary meeting of the 8th Central Committee of the Workers' Party of Korea (WPK) at the office building of the WPK Central Committee in Pyongyang, North Korea, 26 February 2023 (issued 27 February 2023). EFE-EPA/KCNA EDITORIAL USE ONLY

Seoul, Mar 2 (EFE).- North Korea’s ruling Workers’ Party concluded an important meeting where leader Kim Jong-un proposed a series of objectives, including improving irrigation and boosting mechanization to improve agricultural production, amid fears of food shortages in the isolated country, state media reported Thursday. The plenary session, which was held over four days at … Read more

Sony CFO Hiroki Totoki to become group president

resent President and Chief Executive Officer (CEO) of Sony Group Corp. Kenichiro Yoshida and Newly appointed President Hiroki Totoki (R), Chief Financial Officer (CFO) and Deputy President, EFE/EPA/KIMIMASA MAYAMA

Tokyo, Feb 2 (EFE).- Sony’s Chief Financial Officer Hiroki Totoki is set to become the group’s president and chief operating officer from April 1, the Japanese corporation announced Thursday. Totoki, who also holds the position of executive deputy president at present, will replace Kenichiro Yoshida as president.Yoshida will remain the chief executive officer of the … Read more