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-0.000439753737906841 0.000879507475813526 0.00615655233069468 0.00395778364116094 0.00747581354441505 -0.00835532102022873 -0.00263852242744073 -0.00571679859278815
Stock impact report

Wilmar Sugar Mills in Australia Face Industrial Action Over Pay [BNN Bloomberg (Canada)]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: BNN Bloomberg
Workers will strike from 6 a.m. to 6 p.m. local time on Thursday and again on Monday across all eight mills owned by Wilmar, said Jim Wilson, Northern District Secretary at the Queensland branch of the Australian Workers Union. The stoppages will disrupt preparations for the start of the cane-crushing season in about a month's time and they will continue into the crushing season if the dispute is not resolved, Wilson said. The mills crush about 15 million tons of cane a year and produce more than two million tons of raw sugar, with about 80% shipped overseas, according to Wilmar's website. Australia is the world's fourth-biggest exporter, data from the US Department of Agriculture show. An email to Wilmar seeking comment was not immediately answered. ©2024 Bloomberg L.P. Top Picks Top Stories Young Canadians feel poorer in warning sign for economy, Trudeau TD risks 'lost decade' in U.S. money-laundering scandal, Jefferies says Bonds may no longer be the safe part of y Show less Read more
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