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Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

File photo dated July 21, 2017 shows Cataroux Michelin plant in Clermont-Ferrand, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Cartier/ANDBZ/ABACAPRESS.COM

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China's ultra-large self-propelled dredger to be used in Pinglu Canal construction

STORY: China's ultra-large self-propelled dredger to be used in Pinglu Canal construction DATELINE: July 12, 2023 LENGTH: 00:02:01 LOCATION: NANNING, China CATEGORY: ECONOMY SHOTLIST: 1. various of Tian Jing Hao dredger 2. various of staff introducing the vessel STORYLINE: China's ultra-large self-propelled cutter-suction dredger Tian Jing Hao, or Sky Whale, will be used in the waterway construction of China's new canal, the Pinglu Canal, in south China's Guangxi Zhuang Autonomous Region. On July 11, China's 19th Maritime Day, the Qinzhou Maritime Safety Administration and Tian Jing Hao at Qinzhou Port in the Beibu Gulf of Guangxi jointly carried out activities. Since it was put into operation in 2010, the Tian Jing Hao has played an important role in the construction of major ports along China's domestic coast and major national strategic projects. The Pinglu Canal, stretching over 134 km with an estimated investment of 72.7 billion yuan (about 10.3 billion U.S. dollars), aims to link the Xijiang River

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Gratitude to Swedish family

Gratitude to Swedish family

STOCKHOLM, Sweden - Yoshiaki Kurado (L), the great-grandson of a Japanese marathoner who received help from a Swedish family after failing to complete the 1912 Stockholm Olympic race due to ill health, and a descendent of the family shake hands in the suburb of Stockholm on July 134, 2012. Kurado visited the family to express gratitude for the act of kindness 100 years ago.

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Gov't ordered to pay 170 mil. yen for Atsugi base noise

Gov't ordered to pay 170 mil. yen for Atsugi base noise

TOKYO, Japan - Plaintiffs walk into the Tokyo High Court on July 23 to hear a ruling on their case, in which they sought compensation for their suffering caused by aircraft noise at U.S. Atsugi Naval Air Facility in Kanagawa Prefecture, south of Tokyo. The court ordered the government to pay about 170 million yen in damages to 134 residents who live near the base.

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Ranil Wickremesinghe sworn in as president of Sri Lanka

STORY: Ranil Wickremesinghe sworn in as president of Sri Lanka DATELINE: July 21, 2022 LENGTH: 00:00:53 LOCATION: Colombo CATEGORY: POLITICS SHOTLIST: 1. various of the ceremony STORYLINE: Ranil Wickremesinghe was sworn in as the president of Sri Lanka on Thursday in the parliament before Chief Justice Jayantha Jayasuriya. Wickremesinghe was elected as the president in an election held in parliament on Wednesday, during which Wickremesinghe got 134 votes from parliamentarians. Out of 225 parliamentarians, 223 voted in the ballot and there were four invalid votes. An official from the President's Office told Xinhua that Wickremesinghe will appoint a new prime minister and cabinet in the coming days. On Wednesday, Wickremesinghe invited all political parties to join hands with him and work together to overcome the economic crisis and bring in a new political change. Sri Lanka is in the mid of severe economic turmoil and has sought assistance from the International Monetary Fund and friend

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Ranil Wickremesinghe elected as new president of Sri Lanka

STORY: Ranil Wickremesinghe elected as new president of Sri Lanka DATELINE: July 20, 2022 LENGTH: 00:01:32 LOCATION: Colombo CATEGORY: POLITICS SHOTLIST: 1. STANDUP (English): GUO XINHUI, Xinhua correspondent STORYLINE: STANDUP (English): GUO XINHUI, Xinhua correspondent "Acting President Ranil Wickremesinghe was elected as the new president of Sri Lanka on Wednesday. After winning the election, Wickremesinghe addressed the parliament, calling on all legislators to unite and work together with him to lead Sri Lanka out of the current economic crisis. Wickremesinghe got 134 votes in a secret ballot that took place in parliament. Out of 225 parliamentarians, 223 voted in the ballot and there were four invalid votes. Another two candidates got 82 votes and three votes, respectively. Ranil Wickremesinghe has declared a nationwide state of emergency with effect from Monday. A special gazette notice said the state of emergency was declared in the interests of public security, the protection of public order and t

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Dustin Johnson retains lead at British Open golf

Dustin Johnson retains lead at British Open golf

Dustin Johnson of the United States plays during the second round of the British Open Golf Championship at the Old Course, St. Andrews, Scotland, on July 18, 2015. Johnson topped the leaderboard with a 10-under 134 total. (Kyodo) ==Kyodo

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Matsuyama in contention at St. Andrews with Japanese record 66

Matsuyama in contention at St. Andrews with Japanese record 66

Hideki Matsuyama of Japan (R) and Dustin Johnson of the United States shake hands after the second round of the British Open Golf Championship at the Old Course, St. Andrews, Scotland, on July 18, 2015. Matsuyama was four shots off the pace and tied for 10th place while Johnson topped the leaderboard with a 10-under 134 total. (Kyodo) ==Kyodo

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Gov't ordered to pay 170 mil. yen for Atsugi base noise

Gov't ordered to pay 170 mil. yen for Atsugi base noise

TOKYO, Japan - Plaintiffs walk into the Tokyo High Court on July 23 to hear a ruling on their case, in which they sought compensation for their suffering caused by aircraft noise at U.S. Atsugi Naval Air Facility in Kanagawa Prefecture, south of Tokyo. The court ordered the government to pay about 170 million yen in damages to 134 residents who live near the base.

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