- The United Auto Workers and AB Volvo-owned Mack Truck are set to resume contract negotiations on Monday.
- Meanwhile, at least 3,500 hourly employees across three states continue to strike.
- Workers from six factories began their strike on October 12 after the union’s contract expired on October 1 Source CNBC
Italy’s government filed an urgent court appeal on Friday to try to stop ArcelorMittal (MT.AS) walking away from a 2018 deal to buy the troubled Ilva steel plant, as a union said the group was preparing to leave on Dec 4.Source Euronews
The government will cut its tax revenue estimate for fiscal 2019 possibly by more than ¥2 trillion, from ¥62.50 trillion ($575 billion), as a result of weaker-than-expected corporate earnings amid a slowdown in the global economy, according to official sources with knowledge of the matter. Source Japan Times
French hospital workers carry on their industrial action with another major strike in Paris on Thursday. They are demanding more resources and manpower while the government is fine-tuning a long-awaited financial support plan. Source France24
