Unifor targets Ford in Canada auto talks this year
Unifor, the Canadian auto workers union, named Ford as a potential strike target as talks seek product commitments for the Oakville Ontario plant. The three Detroit three contracts expire Sept 21 at 11 59 p.m. and the union seeks job security and EV commitments shaping a three year deal for Fiat Chrysler and General Motors.
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Canadian Auto Workers
Ford
Unifor
Detroit
Jerry Dias
Oakville
Ontario
Toronto
Dias
Fiat Chrysler
General Motors
GM Takes Stake in Nikola Corp Through Stock Swap
General Motors announces a strategic stake in Nikola Corp, exchanging 2 billion dollars in new Nikola shares for services and access to GM parts. GM gains right to nominate one Nikola director and will engineer, validate and manufacture Nikola Badger battery electric and fuel cell versions as Nikola pursues heavy duty trucks.
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Detroit
General Motors
Nikola Corp
Nikola
China launches global data security initiative in Beijing
Chinese Foreign Minister Wang Yi announced a global data security initiative at a Beijing seminar, condemning U S claims of Chinese threats and calling for international rules that reflect broad participation. The move contrasts with the U S Clean Network push backed by over 30 countries including Australia and Britain to bar Chinese firms and services.
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Hong Kong
China
U.S
Wang Yi
Beijing
U.s.-China
Wang
Mike Pompeo
Chinese Communist Party
Australia
Britain
Huawei
ZTE
Russia ready to ease tension in eastern Mediterranean standoff
Russia signals readiness to help reduce tensions over Turkey's energy explorations near Greece and Cyprus. Lavrov said Moscow could assist talks if all involved parties request it, calling for dialogue within international law to resolve the dispute. Greek and Turkish forces have held exercises amid accusations of unlawful actions and potential sanctions discussions in the EU.
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Nicosia
Cyprus
Russia
Moscow
Turkey
Mediterranean
Sergey Lavrov
Lavrov
Nicos Christodoulides
European Union
Greece
Christodoulides
U.N. Security Council
Ankara
Mevlut Cavusoglu
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London
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Barra
Honda
North America
Orion
Lake Orion
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Autotrader
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Ford Motor Co
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Menelaos Hadjicostis