Australia Labor

The Australian Government will introduce new ministerial directions to restrict temporary visa holders after legislative negotiations with the Coalition collapsed.

Mayfield Childcare (ASX:MFD) reported a statutory net loss after tax of $31.9 million for the half year ended June 30.

Qantas Airways (ASX:QAN) ground crew voted overwhelmingly to support industrial action over wages and workplace conditions.

Shine Justice (ASX:SHJ) reported a net profit after tax of $6.7 million for the financial year ended June 30,

Mercedes-Benz Group reported resilient carmaking profits that beat expectations even as deliveries fell due to a slump in China. The company kept its 2026 carmaking margin outlook at 3% to 5%, but it cut its forecasts for revenue and vehicle deliveries to slightly below last year's levels. Bloomberg's Elisabeth Behrmann reports.

Volkswagen AG Chief Executive Officer is trying to convince the carmaker's supervisory board about his plan for a sweeping restructuring that could ultimately eliminate as many as 100,000 jobs and close four German factories. Bloomberg's Stefan Nicola reports.

Ireland's technology sector, heavily exposed to US multinationals, is facing widespread AI-driven labor market disruption and declines in its high tech employment rates. Bloomberg's Olivia Fletcher has more.

Skilled immigrants who obtained an education and built careers in the US are increasingly wondering whether, amid restrictive US policies, opportunities they sought in America can be had elsewhere.

Saint-Gobain CEO Benoit Bazin tells Bloomberg Television that labor bottlenecks are limiting data center build-out in North America, a development that's coming to Europe. Saint-Gobain manufactures glass products and construction materials.

Multiverse CEO & Founder Euan Blair joins Bloomberg's Tom Mackenzie to kick off London Tech Week as part of Bloomberg's The Pulse.

Sander van 't Noordende, CEO of recruitment giant Randstad, says their base case is that 7-8% of jobs will be replaced by artificial intelligence over the next 5 to 10 years. However, Van 't Noordende says he does not see the "doomsday scenario" that some predict. In an interview on "The Pulse with Francine Lacqua" on May 21, van 't Noordende said AI will be a "wave" over the next decade, but also presents many opportunities, enabling many workers to be more productive, and requires massive infrastructure.

Talks between Samsung Electronics and its largest labor union broke down, raising the prospect of a workers' strike. A general work stoppage will go ahead on Thursday, labor leader Choi Seung-ho told reporters. The collapse in negotiations puts the global technology supply chain at risk because Samsung is the world's biggest supplier of the chips that go into devices from data center servers to smartphones and electric vehicles. Bloomberg's Yoolim Lee reports.