Global Brief: US Dockworkers Secure Historic Wage Deal

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Your Newsletter at a Glance:

  • U.S. Dockworkers: Over 45,000 ILA members ratify a six-year deal with a 62% wage hike, ensuring port stability until 2030
  • Foxtons Fallout: London real estate giant faces allegations of harassment and racism; shares slide up to 5%
  • DeepSeek’s Big Slash: Chinese AI startup cuts API costs by up to 75% in select hours to spur adoption
  • Aston Martin Cuts: 5% workforce reduction to save £25M; firm bets on its Valhalla hybrid model
  • Danone’s Expansion: Food giant beats estimates, eyes acquisitions in specialized nutrition
     

Dockworkers & Foxtons

Over 45k U.S. dockworkers secure a 62% wage increase through 2030, ensuring port stability. Meanwhile, London real estate giant Foxtons faces damaging harassment and racism allegations amid public outcry, sending shares down 5%.
 

DeepSeek & Radware

Chinese AI startup DeepSeek is cutting its API usage costs by up to 75% in off-peak hours, hoping to entice more developers and spark broader AI adoption. Meanwhile, Radware’s 2025 Global Threat Analysis warns of surging DDoS attacks and hacktivist-led L7 Web assaults. Finance and transport suffered a 400% increase in DDoS volumes. Radware urges dynamic defenses as geopolitical tensions fuel sophisticated cyber threats. Hacktivist groups amplify L7 assaults, leveraging advanced tools at scale.
 

Aston Martin & Euro Stocks

Aston Martin will cut 5% of its workforce to save £25M amid rising losses, betting on its Valhalla hybrid supercar for future growth. Meanwhile, European shares notched record highs on robust earnings and a U.S.-Ukraine minerals deal. Construction and resources led gains, while AB InBev’s strong Q4 propelled food and beverage stocks. Analysts remain watchful of geopolitical headwinds in near term
 

Indonesia Mandates Coal Floor

Indonesia is imposing its benchmark coal price (HBA) as the transaction floor starting March, updating rates twice a month to reflect market conditions. Officials say it tightens royalty reporting and boosts transparency for the world’s top coal exporter, ensuring stable revenues and curbing swings
 

Danone Eyes Acquisitions

Danone posted stronger-than-expected 2024 results, topping sales forecasts with 4.3% like-for-like growth and generating €3B in free cash flow. The food giant aims to deploy that cash for targeted acquisitions in specialized nutrition, leveraging scientific expertise to meet rising consumer demand. CEO Antoine de Saint-Affrique highlights stable volumes despite easing price hikes, while reaffirming 3–5% growth for 2025. Danone is cautious amid global volatility, focusing on innovation to grow


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