The Daily Populous

Sunday June 10th, 2018 night edition

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It is an overcast morning in the city of Hengyang, in the southern Chinese province of Hunan.

The road to the Foxconn factory in Baishazhou Industrial Park is wide and lined with well-cared-for plants.

There’s a steady stream of cars, motorbikes and buses heading towards the factory, which sits back from the road behind a large gate.

They will be expected to hit tough targets and must ask permission to use the toilets.

Profits for the first quarter of this year were £605m and its CEO, Terry Gou, has a fortune reported to be about £5.3bn.

These employees – known as dispatch workers in China – are hired in from labour companies as an off-the-shelf workforce.

These are the workers on whom Amazon CEO Jeff Bezos is relying to further entrench his position as the world’s richest man. »

Pressure mounts on drug makers to move birth control over the counter

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And this weekend, the nation’s largest physicians group could join in the chorus calling to expand access to birth control.

At the American Medical Association’s annual meeting in Chicago, delegates will vote on a resolution to encourage contraceptive makers to submit applications to the Food and Drug Administration to switch the status of their pills from prescription to over the counter.

Two companies are working to apply for OTC status for contraceptives, but nothing is likely to happen anytime soon. »

Trump Threatens to End All Trade With Allies

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Leaving the G7 summit on Saturday, President Trump said that the U.S. might end all trade with America’s closest allies if those countries don’t submit to his demands over reduced trade barriers.

“We’re the piggy bank that everybody is robbing, and that ends,” added Trump, who also repeated his exaggerations of U.S. trade deficits by tens or hundreds of billions of dollars.

Regarding the elimination of tariffs, Trump confirmed that he had suggested totally free trade among the G7 during the summit, explaining that, “Ultimately, that’s what you want. »

Firms will have to justify pay gap between bosses and staff

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Large firms will have to publish and justify their chief executives' salaries and reveal the gap to their average workers under proposed new laws.

UK listed companies with over 250 staff will have to annually disclose and explain the so-called "pay ratios" in their organisation.

The company's chairman and the head of the remuneration committee resigned after anger over their bonuses. »