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Australia shares slip amid caution across global equities

Australian shares slipped on Monday, weighed by healthcare and financials sectors, as investors remained cautious about global economic growth prospects after a report showed a slowdown in U.S. labor.

New south walesNew zealandSaudi arabiaPriya sharmaAishwarya nairDhanya ann thoppilCapital groupRio tintoUs labor departmentReserve bankGlenn yinTasman sea

UPS workers begin vote on tentative deal that averted US strike By Reuters

UPS workers begin vote on tentative deal that averted US strike By Reuters
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United statesPeter lyngsoLisa baertleinAishwarya nairJose negreteUnited parcel serviceInternational brotherhood of teamstersUnited parcelTeamsters mobilize

UPS workers begin vote on tentative deal that averted US strike

Thousands of UPS workers will start voting on their tentative contract agreement with the delivery giant on Thursday after local leaders of the International Brotherhood of Teamsters endorsed the union's deal earlier this week. The tentative deal covering 340,000 Teamsters-represented workers at United Parcel Service averted a threatened strike that could have wreaked havoc on the U.S. economy by disrupting about a quarter of the nation's parcel shipments. In a meeting in Washington on Monday, Teamsters local leaders voted 161-1 for the deal.

United statesPeter lyngsoLos angelesAishwarya nairJose negreteLisa baertleinUnited parcel serviceInternational brotherhood of teamstersTeamsters mobilizeSusan heaveyTentative contract agreementTentative dealUnited parcel serviceLocal leadersPeter lyngso

Carrier Global raises full-year profit forecast on strong demand

Air conditioner maker Carrier Global on Thursday raised its full-year adjusted profit above Wall Street estimates, encouraged by robust demand for the company s heat pumps, refrigerators, and.

United statesShailesh kuberDavid gitlinAishwarya nairCarrier globalWall street

Building materials supplier Martin Marietta raises 2023 core earnings forecast

Martin Marietta Materials beat quarterly profit estimates and raised its full-year adjusted core earnings forecast on Thursday, helped by higher spending across infrastructure and non-residential.

Shilpi majumdarAishwarya nairMartin mariettaMartin marietta materialsMarietta materialsInfrastructure investmentJobs actInflation reduction actChips actHoward nyeNorth carolina based

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