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Jan 21 (Reuters) - Nearly 200 refinery workers represented by the International Brotherhood of Teamsters in St. Paul Park, Minnesota, walked out on strike Thursday evening after failing to agree on a new contract with Marathon Petroleum by the end of 2020, the union said on Thursday.
The union voted to authorize a strike at Marathon’s 102,000-barrel-per-day refinery in St. Paul Park in December of 2020.
“At this time, we have safely assumed operation of the refinery with trained and qualified personnel,” a company spokesman said. (Reporting by Laura Sanicola; editing by Richard Pullin)
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FILE PHOTO: General view of the Marathon petroleum refinery in Carson, California, U.S., December 5, 2019. REUTERS/Mike Blake
(Reuters) - Nearly 200 unionized workers went on strike at a Minnesota refinery on Thursday after failing to agree on a new contract with Marathon Petroleum at the end of 2020, the union said.
The Teamsters Local 120 voted this week to strike 197 to 4, though union representatives have been meeting Marathon officials regularly since November, and talks are set to resume on Monday.
“At this time, we have safely assumed operation of the refinery with trained and qualified personnel,” a Marathon spokesman said.
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BEIJING (Reuters) - From cancelled hotel bookings ahead of the Lunar New Year to steel piled up at mills because of transport curbs in Hebei province, China’s battle against a new wave of COVID-19 infections clouds what has been a dramatic economic recovery.
FILE PHOTO: Police officers in PPE stop a car coming from Hebei province at a checkpoint, following the coronavirus disease (COVID-19) outbreak, on the outskirts of Beijing, China January 12, 2021. REUTERS/Thomas Peter
New cases in China are at 10-month highs, prompting the lockdown of 28 million people in two provinces, disrupting logistics and industrial activity, with millions expected to scrap holiday travel plans in a blow to China’s efforts to get consumption back on track.
By Reuters Staff
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SHANGHAI, Dec 25 (Reuters) - Chinese liquor maker Kweichow Moutai Co’s shares are set for their first weekly loss in two months after it disclosed that 4% of its shares would be transferred for free by its parent company to an entity affiliated with a provincial government.
Moutai’s Shanghai-listed shares fell as much as 1.7% in early morning trade on Friday, extending two consecutive days of falls.
The shares came under pressure after Moutai said on Wednesday that its state-owned parent would transfer 50.2 million Moutai shares - worth about 92 billion yuan ($14 billion) based on the latest share price close - to a unit of the Guizhou Financial Holding Group. Guizhou Financial is affiliated with the Guizhou provincial government, which requested the transfer.